Get our Best Book Club Books of 2025 eBook!

Purchase of Simon & Schuster returns it to a standalone company for the first time since 1975

BookBrowse News - The Full Story

Purchase of Simon & Schuster returns it to a standalone company for the first time since 1975

Oct 31 2023

As of yesterday, the KKR purchase of Simon & Schuster from Paramount Global has been officially completed. With the $1.62 billion all-cash transaction, S&S is now a standalone private limited liability company, and the only independent major trade publisher in the U.S.

"This marks the first time since 1975, when Simon & Schuster was sold to Gulf + Western, that we will stand on our own and not as part of a larger media conglomerate," S&S president and CEO Jonathan Karp said in a letter to staff. "With KKR's resources and support, we intend to become an even stronger company and a more dynamic force in our industry, while still maintaining our well-established record of editorial excellence and independence....

More News Stories

BookBrowse Book Club

Book Jacket
Real Americans
by Rachel Khong
From the author of Goodbye, Vitamin, a novel exploring family, identity, and the shaping of destiny.
Book Jacket
The Devil Finds Work
by James Baldwin
A book-length essay on racism in American films, by "the best essayist in this country" (The New York Times Book Review).
Book Jacket
The Mysterious Bakery on Rue de Paris
by Evie Woods
From the million-copy bestselling author of The Lost Bookshop.

Members Recommend

  • Book Jacket

    One Death at a Time
    by Abbi Waxman

    A cranky ex-actress and her Gen Z sobriety sponsor team up to solve a murder that could send her back to prison in this dazzling mystery.

  • Book Jacket

    The Seven O'Clock Club
    by Amelia Ireland

    Four strangers join an experimental treatment to heal broken hearts in Amelia Ireland's heartfelt debut novel.

  • Book Jacket

    The Fairbanks Four
    by Brian Patrick O’Donoghue

    One murder, four guilty convictions, and a community determined to find justice.

  • Book Jacket

    Happy Land
    by Dolen Perkins-Valdez

    From the New York Times bestselling author, a novel about a family's secret ties to a vanished American Kingdom.

Who Said...

Only when we are no longer afraid do we begin to live

Click Here to find out who said this, as well as discovering other famous literary quotes!

Wordplay

Solve this clue:

A C on H S

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.