Simon & Schuster: Publisher to be sold for $1.6bn

Finding a buyer has been a lengthy saga for the owner of the publisher, Paramount Global.

cross-posted from: https://lemmy.zip/post/1180826

Archived version: https://archive.ph/iQhBz
Archived version: https://web.archive.org/...

furrious09 20 points 3 years ago

I just recently read an article about Overdrive and KKR, the company that bought both Overdrive and now this publisher. It was a really disheartening read for what’s happening in the books market.

Article: https://karawynn.substack.com/...

save

path: 0 2191111, hotness: undefined, score: 20, children: 1

stopthatgirl7 7 points 3 years ago

KKR is also the company that bought out Toys R Us, and we know how that ended.

save

path: 0 2191111 2195572, hotness: undefined, score: 7, children: 0

worldnews

@lemmy.ml

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

go to feed...

worldnews

@lemmy.ml

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

go to feed...