Join BookBrowse today and get access to free books, our twice monthly digital magazine, and more.

News Corp., and Penguin Random House leading bidders for Simon & Schuster

BookBrowse News - The Full Story

News Corp., and Penguin Random House leading bidders for Simon & Schuster

Nov 17 2020

News Corp. (which owns HarperCollins) and Penguin Random House are the leading bidders for Simon & Schuster, according to the New York Times, which cited "three people familiar with the process." S&S was put up for sale in March by ViacomCBS, which characterized the publisher as "not a core asset."

At least one bid is for more than $1.7 billion--above ViacomCBS's minimum, which in March was estimated to be $1.2 billion. The Times wrote that "several financial firms" have dropped out of the bidding, and that final bids are due before Thanksgiving. A sale could be announced soon thereafter or "a deal may not materialize."

More News Stories

Support BookBrowse

Join our inner reading circle, go ad-free and get way more!

Find out more


Top Picks

  • Book Jacket: Table for Two
    Table for Two
    by Amor Towles
    Amor Towles's short story collection Table for Two reads as something of a dream compilation for...
  • Book Jacket: Bitter Crop
    Bitter Crop
    by Paul Alexander
    In 1958, Billie Holiday began work on an ambitious album called Lady in Satin. Accompanied by a full...
  • Book Jacket: Under This Red Rock
    Under This Red Rock
    by Mindy McGinnis
    Since she was a child, Neely has suffered from auditory hallucinations, hearing voices that demand ...
  • Book Jacket: Clear
    Clear
    by Carys Davies
    John Ferguson is a principled man. But when, in 1843, those principles drive him to break from the ...

BookBrowse Book Club

Book Jacket
Only the Beautiful
by Susan Meissner
A heartrending story about a young mother’s fight to keep her daughter, and the terrible injustice that tears them apart.

Members Recommend

  • Book Jacket

    The Flower Sisters
    by Michelle Collins Anderson

    From the new Fannie Flagg of the Ozarks, a richly-woven story of family, forgiveness, and reinvention.

  • Book Jacket

    The House on Biscayne Bay
    by Chanel Cleeton

    As death stalks a gothic mansion in Miami, the lives of two women intertwine as the past and present collide.

Win This Book
Win The Funeral Cryer

The Funeral Cryer by Wenyan Lu

Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.

Enter

Wordplay

Solve this clue:

M as A H

and be entered to win..

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.