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News of Publishing Industry Mergers and Acquisitions

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Open Road’s New CEO on 2021: ‘We Found Ways To Grow’

In News by Porter AndersonJanuary 27, 2022

‘As if we’ve built a fountain of youth for backlisted titles,’ David Steinberger writes in his appraisal of Open Road’s past year.

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In London, Hachette UK Announces Its Acquisition of Paperblanks

In News by Porter AndersonJanuary 18, 2022

Hachette UK has acquired the Canadian- and Irish-based stationery company Paperblanks, with Graham Conway to be its CEO.

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French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’

In Feature Articles by Porter AndersonJanuary 7, 2022

The SNE warns of ‘a concentration such as the French book market has never known’ in the merger of Vivendi and Lagardère.

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In New York: Open Road’s Acquisition Investors Include Steinberger, Entrekin

In Feature Articles by Porter AndersonDecember 2, 2021

Originally founded in 2009 by Jane Friedman, Open Road enters a new chapter under the ownership of an investment group, with David Steinberger coming in as CEO.

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Wattpad-Webtoon’s Book Group Opens Graphic Novel Imprint

In News by Porter AndersonNovember 18, 2021

The merged Canadian and Korean platforms are expected to generate 12 graphic novels per year in the Webtoon Unscrolled imprint.

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French Youth Books: Glénat Acquires Hugo Companies for Romance, Comics

In News by Jaroslaw AdamowskiNovember 5, 2021

One goal of Glénat’s acquisition of Hugo, says Arthur de Saint Vincent, is a complementary use of licenses, heavy on romance and comics.

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In the United States: Sourcebooks Acquires BES Publishing

In News by Porter AndersonNovember 4, 2021

‘Our children’s book business now accounts for more than half our annual sales,’ says Sourcebooks’ Kay Birkner as the company buys BES Publishing.

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The Merged Wattpad Webtoon Studios Names First Projects

In News by Porter AndersonOctober 28, 2021

The two platforms brought together by South Korea’s Naver have begun early development on a trio of properties.

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Frankfurter Buchmesse’s CEO Talk: Acquisitions and Creativity

In News by Roger TagholmOctober 21, 2021

Two leaders in the fields of investment and finance took questions from book industry journalists in this year’s Frankfurt Studio program.

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Wiley Acquires J&J Editorial; Open Road Revenue Is Up 22 Percent

In News by Porter AndersonOctober 4, 2021

US industry notes: Wiley acquires peer-review specialist J&J Editorial, and Open Road announces first-half revenue gains in 2021.

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