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News of Publishing Industry Mergers and Acquisitions

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Michael Pietsch on Hachette Book Group’s Acquisition of Workman

In News by Porter AndersonAugust 17, 2021

International sales that can ‘enhance HGB’s offerings’ are a consideration in the Workman Publishing merger, says HBG CEO Michael Pietsch.

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US-Based Open Road Acquires UK Publisher Bloodhound Books

In News by Porter AndersonJuly 27, 2021

The co-directors of the Cambridge-based ebook publisher are to stay with the company as Open Road buys it.

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Children’s Publisher Lee & Low Buys the Bilingual Cinco Puntos Press

In News by Porter AndersonJune 28, 2021

The multicultural publisher of children’s books Lee & Low buys the 130-book list of El Paso’s bilingual Cinco Puntos Press.

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Canada and Korea: Aron Levitz Leads the Newly Merged Wattpad Webtoon Studios

In News by Porter AndersonJune 24, 2021

As president of the combined Wattpad Webtoon Studios division, Levitz says the hurdle now is getting more content to more screens faster.

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Bookwire Buys Brazil’s Bok2; Ingram Sells VitalSource

In News by Porter AndersonJune 1, 2021

Germany’s Bookwire buys Bok2 for added print-on-demand capacity, while Ingram sells edtech company VitalSource 15 years after acquiring it.

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South Korea’s Naver Completes Its Acquisition of Canada’s Wattpad

In News by Porter AndersonMay 11, 2021

Naver’s US$600 million acquisition of Wattpad is completed as potential competition arrives from Amazon’s new Kindle Vella and Seoul’s Kakao.

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Czech Publisher Albatros Media Expands Its Direct International Sales

In News by Porter AndersonMay 5, 2021

The Czech publishing house Albatros Media has expanded its business by translating and selling its own titles into Spanish and English-language markets.

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News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division

In News by Porter AndersonMarch 31, 2021

HarperCollins parent News Corp’s intended acquisition of HMH Books & Media raises, for some, new concern about consolidation.

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PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

In News by Porter AndersonMarch 30, 2021

‘Globally, people turned to books’ in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year.

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Finland’s 2020 Audiobook Sales Doubled, Ebooks Up 84 Percent

In Feature Articles by Porter AndersonMarch 25, 2021

A new book market report on Finland’s book market shows the impact of the pandemic and looks at the bestselling Finnish books of 2020.

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