A new prey of choice in the publishing market. In the middle of the spring season, the American Paramount Global has reopened the appetites of book players by announcing the resale of Simon & Schuster. Its publishing group, the fourth largest in the world, houses a stable of best-selling authors such as Francis Scott Fitzgerald, Ernest Hemingway, the novels of contemporary writer Stephen King or Hillary Clinton.
Just a few months ago, it was the German giant Bertelsmann, owner of the world leader in publishing, Penguin Random House (PRH), which was preparing to get its hands on Simon & Schuster for a check of $ 2.2 billion. But after several months of legal proceedings across the Atlantic, the American justice had finally decided otherwise, blocking the sale process at the end of 2022. It believed that the juggernaut resulting from this merger risked reducing the number of books published, disrupting the price of books for...
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