Bertelsmann, owner of Penguin Random House, and Harper Collins interested in buying Simon & Schuster

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Bertelsmann, owner of Penguin Random House, and Harper Collins interested in buying Simon & Schuster

Sep 02 2020

Penguin Random House parent company Bertelsmann has confirmed that it is interested in acquiring Simon & Schuster once ViacomCBS begins to again actively shop the country’s third largest trade publishing house after the pandemic fades Shortly after Viacom and CBS merged, the newly-formed company placed S&S on the sales block.

At a recent town hall meeting, Harper Collins CEO Brian Murray acknowledged that the publisher was also looking into the possibility of acquiring S&S, sources told Publishers Weekly

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