Paramount announced a deal Monday to sell Simon & Schuster, home to Stephen King, Colleen Hoover and many bestselling nonfiction authors, to the private investment giant KKR for $1.62 billion. The companies announced the all-cash agreement on Monday. “We are pleased to have reached an agreement on a transaction that delivers excellent value to ParamountContinue reading “Paramount To Sell Publisher Simon & Schuster To KKR For $1.62 Billion”
Tag Archives: Simon & Schuster
ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion
ViacomCBS Inc. today announced it has entered into a definitive agreement to sell the publishing business Simon & Schuster to Penguin Random House, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. This divesture follows a strategic review of non-core assets ViacomCBS undertook early in 2020. Proceeds from theContinue reading “ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion”
What Stephen King Book Should You Read Next? Just Ask Amazon Alexa or Google Assistant
Beginning today, Amazon Alexa and Google Assistant users in the U.S.and Canada will be able to download a free “Stephen King Library” app onto their smart speaker platforms, Simon & Schuster has announced. The library will recommend King books tailored to users’ reading tastes from a selection of 56 books by King. Simon & SchusterContinue reading “What Stephen King Book Should You Read Next? Just Ask Amazon Alexa or Google Assistant”
Majority of Stephen King’s Body of Work Acquired By Scribner/Simon & Schuster
In a landmark publishing agreement, Stephen King’s publisher of twenty years Scribner has acquired North American and Open Market print, e-book, and audio rights to almost the entirety of the bestselling author’s body of work. The 27 titles in the agreement include classic Stephen King novels such as: IT, Misery, Dolores Claiborne, Christine, Cujo, TheContinue reading “Majority of Stephen King’s Body of Work Acquired By Scribner/Simon & Schuster”