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Cashing out and scaling up: publishing M&A in 2024 (so far)

Jul 12 2024: At the end of 2023, industry observers told PW they expected 2024 to be an active year for mergers and acquisitions. So far, those predictions have been accurate, with seven notable deals announced in the first half of the year, and two major deals announced ...

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Random House Is buying Boom! Studios

Jul 10 2024: Penguin Random House continues its renewed emphasis of making strategic acquisitions with a new agreement to acquire comic book and graphic novel publisher Boom! Studios. The agreement, between the Random House Publishing Group and Boom! founder and chairman Ross Richie...

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Attack on Ukrainian printing plant disrupts publishing industry

Jul 08 2024: On May 23, Russian missiles targeted the Factor Druk printing plant, one of the largest such plants in Europe and a crucial printer for the Ukrainian publishing industry. The attack killed seven employees at the plant and rendered one shop of the factory inoperable, ...

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End of the librarian? council cuts and new tech push profession to the brink

Jul 07 2024: Staff in England’s public libraries under threat of being replaced by automated checkouts amid budget pressures.

The role of the traditional “librarian behind the counter” is under threat in a drive by councils to cut staff hours using self-service checkouts....

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‘It’s a snowball effect’: the gen Z niche reading event making waves in New York

Jul 05 2024: Reading nights and avant-garde literary groups are rapidly emerging as platforms for younger generations to foster community and creatively share personal narratives – and one new series is making waves in New York.

Literary events are on the rise across the US, with...

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Small press community slowly builds back after SPD failure

Jul 02 2024: A little more than three months after Small Press Distribution abruptly closed, leaving some 400 independent presses without a trade distributor, publishers and distributors alike are moving forward even as damage assessment continues. Approximately 25% of the stranded ...

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ALA 2024: Librarians rally for the right to read

Jul 01 2024: Freedom to read tops the list of librarians’ priorities, and the American Library Association’s 2024 conference emphasized the existential threats posed by book bans and the populist undermining of public institutions and trust. A Rally for the Right to Read, panels to ...

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Ismail Kadare, 88, dies; His novels brought Albania’s plight to the world

Jul 01 2024: Ismail Kadare, the Albanian novelist and poet who single-handedly wrote his isolated Balkan homeland onto the map of world literature, creating often dark, allegorical works that obliquely criticized the country’s totalitarian state, died on Monday in Tirana, the ...

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