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Simon And Schuster

All articles tagged with #simon and schuster

KKR Completes Acquisition of Simon & Schuster
business2 years ago

KKR Completes Acquisition of Simon & Schuster

Private equity firm KKR has completed its acquisition of Simon & Schuster, one of the largest publishing houses in the US, for $1.62 billion. The deal marks a significant shift in the publishing industry and positions KKR as a major player in the book business. KKR plans to invest in and expand Simon & Schuster's business, including introducing a profit-sharing model for employees. The acquisition comes after a long and tumultuous process, with a previous deal to sell Simon & Schuster to Penguin Random House falling apart due to antitrust concerns. With KKR as its owner, Simon & Schuster is expected to receive more investment and support for growth. However, the marriage between a private equity firm and a slow-moving industry like publishing may present challenges.

Paramount Sells Simon & Schuster to KKR Investment Firm for $1.6 billion
business2 years ago

Paramount Sells Simon & Schuster to KKR Investment Firm for $1.6 billion

Paramount is selling Simon & Schuster, the publishing house, to private investment firm KKR for $1.62 billion. The sale provides financial flexibility for Paramount and allows Simon & Schuster to enter its next phase of growth. The acquisition by KKR avoids antitrust objections, as KKR does not own another publishing company. Jonathan Karp and Dennis Eulau will continue to lead Simon & Schuster under KKR's ownership.

"Britney Spears Unveils Memoir 'The Woman in Me' for October Release"
entertainment2 years ago

"Britney Spears Unveils Memoir 'The Woman in Me' for October Release"

Britney Spears has announced that her memoir, titled "The Woman in Me," will be released on October 24. The book, published by Gallery Books, will provide the pop star's accounts and commentary on her rise to fame, music career, and her relationship with her family. Spears, who recently had her conservatorship terminated, landed a record-breaking publishing deal for the tell-all book. In June 2021, she spoke out in court about her conservatorship, which captivated the world and sparked the "Free Britney" movement. The memoir aims to shed light on her incredible journey and the enduring power of music and love.

Britney Spears' Memoir 'The Woman in Me' to Release in October with Revealed Cover
entertainment2 years ago

Britney Spears' Memoir 'The Woman in Me' to Release in October with Revealed Cover

Britney Spears' memoir, titled "The Woman in Me," is set to be released on October 24 by Gallery Books, a division of Simon & Schuster. The memoir, which explores themes of freedom, fame, motherhood, survival, faith, and hope, was the subject of a $15 million publishing deal. It will reveal Spears' incredible journey and the strength at the core of one of the greatest performers in pop music history. The release comes after a judge terminated the conservatorship that had controlled Spears' life for 13 years, and her hit songs are now featured in the Broadway show "Once Upon A One More Time."

Legendary Editor Robert Gottlieb Passes Away at 92.
obituary2 years ago

Legendary Editor Robert Gottlieb Passes Away at 92.

Robert Gottlieb, an esteemed editor at Simon & Schuster, Alfred A. Knopf, and The New Yorker, has passed away at the age of 92. He edited works by a plethora of acclaimed writers, including John le Carré, Toni Morrison, and Joseph Heller. Gottlieb was known for his incisive yet sensitive editing style, which won him a loyal following of authors. He became the president of Knopf and the editor-in-chief of The New Yorker, where he made few changes over five years. After his time at The New Yorker, he resumed editing for Knopf and wrote several books, including a memoir titled "Avid Reader: A Life."

Simon & Schuster Imprint Secures Memoir of Enigmatic Intelligence Officer Involved in Classified Military Program
publishing2 years ago

Simon & Schuster Imprint Secures Memoir of Enigmatic Intelligence Officer Involved in Classified Military Program

Simon & Schuster imprint Gallery Books has won the North American publishing rights to a memoir by Scott Andrews, a former senior US soldier and decorated intelligence officer who conducted global counterterrorism operations on behalf of the United States during a 36-year military career. The memoir is a twist-filled true story rooted in intrigue surrounding a US Air Force program and Andrews' experience with the Havana Syndrome, a phenomenon first reported by military personnel working at the US Embassy in Havana, Cuba, in 2016. The memoir is also being adapted for film or TV.

David Agus faces more plagiarism accusations in new books
publishing3 years ago

David Agus faces more plagiarism accusations in new books

Dr. David Agus, a USC oncologist and media personality, has had sales of his latest book suspended after at least 95 passages were found to be copied from other uncredited sources. The Los Angeles Times has since reviewed Agus’ three previous books and found more than 120 passages that are virtually identical to the language and structure of previously published material. Agus’ collaborator, Kristin Loberg, has taken responsibility for the plagiarism, but experts say Agus is ultimately responsible as the author. Simon & Schuster has said new editions will be released as soon as possible.