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News of Publishing Industry Mergers and Acquisitions

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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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Springer Nature Acquires Paris’ Open Access Atlantis Press

In News by Porter AndersonMarch 11, 2021

Atlantis Press, a French publisher of conference proceedings, is bought by Germany’s Springer Nature, which adds to its portfolio a platform that sees 1.5 million downloads monthly.

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‘Arabic Voices in Academic Publishing’: A Look at the Challenges

In Feature Articles by Porter AndersonMarch 10, 2021

The importance of Arabic in the scholarly world, our experts agreed, needs to be recognized by bringing more of it to the wider conversation.

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Denmark’s Saga Egmont Acquires Mexico’s Cuántica Activa Audiolibros

In News by Porter AndersonFebruary 25, 2021

Saga Egmont says the acquisition of Mexican audiobook publisher Cuántica Activa Audiolibros fits with its growth in Spanish book markets.

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NetGalley and Its Parent, Firebrand, Sold to Japan’s Media Do

In Feature Articles by Porter AndersonFebruary 1, 2021

Fran Toolan remains CEO for at least three years, as the US subsidiary of Tokyo’s Media Do acquires all shares of Firebrand and NetGalley.

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Interview: CEO Allen Lau on Wattpad’s $600 Million Merger with Korea’s Naver

In Feature Articles by Porter AndersonJanuary 21, 2021

The merger between Canada’s Wattpad and South Korea’s Naver, says Allen Lau, is built on audience and platform expansion.

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Canada’s Wattpad Announces It’s Being Acquired by South Korea’s Naver

In Feature Articles by Porter AndersonJanuary 19, 2021

Toronto-based Wattpad will retain its leadership team following its acquisition by South Korean tech company Naver, in a US$600 million cash and stock deal.

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UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist

In News by Porter AndersonJanuary 14, 2021

en titles from illustrator Robert Ingpen now form the basis of a new UK children’s book publishing imprint, Welbeck Children’s Classics.

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