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Hachette and Editis covet American publishing house Simon & Schuster

2020-08-13T17:07:17.249Z


Offered by ViacomCBS, the publisher of F. S. Fitzgerald or Stephen King could go under the French flag.The news went almost unnoticed. At the very beginning of March, just before the generalized containment measures brutally halt the course of the world, the American media and cinema giant ViacomCBS, following a "strategic review" , announced that its publishing subsidiary Simon & Schuster was no longer one of its “core assets” , according to its CEO, Bob Bakish, and that he was therefore consideri...


The news went almost unnoticed. At the very beginning of March, just before the generalized containment measures brutally halt the course of the world, the American media and cinema giant ViacomCBS, following a "strategic review" , announced that its publishing subsidiary Simon & Schuster was no longer one of its “core assets” , according to its CEO, Bob Bakish, and that he was therefore considering selling it. Five months later, we had almost forgotten the episode, but now this case has every chance to return to the front of the stage.

Read also: ViacomCBS, a new major player in the streaming war

First because after the death on Tuesday of Sumner Redstone, the emblematic boss of Viacom and National Amusements, the intentions of his daughter, Shari Redstone, president of the new group ViacomCBS, are scrutinized. Then, because the target promised to a change of hand arouses the envy of many contenders, including two French competitors, Hachette and Editis, who are today indirectly

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Source: lefigaro

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