Sales of Book Businesses Plummet, But the Big Keep Getting Bigger In the third quarter of this year, merger and acquisition activity in trade book and other consumer publishing segments plummeted more than 40%, according to industry figures tracked by investment banking firm Whitestone Communications. Despite a flurry of speculation over sales — for example,…Continue Reading
Barbarians at the Gate French Success for Harnum, Boo-Hoo from Sweden, and Mortier Back on Tap in Holland With international lists seemingly locked in place, we cast a glance at a couple of interesting, if less remunerative, deals this month. First off, US agent Rosalie Siegel reports that she has started selling to so-called regional…Continue Reading
PEOPLE Mark Pattis, who had been CEO of Tribune Education, but left in March, right before the division was put on the market (it was just sold to McGraw–Hill), has become an investor. He is a partner in Next Chapter Holdings, a company that invests in a number of areas, including books, magazines, and digital…Continue Reading
Spiritus Mundiw Chimoni’s French Miracle, Lama Love in Germany, and Italy’s Sci-Fi Satire Anyone out there remember Mr. God This Is Anna, a UK bestseller for Holt in 1975 that’s been in print at Ballantine since 1976? Well, it’s back to the future in France, where a similar title has just been published: Annaëlle Chimoni’s…Continue Reading
