As of November 2020, Penguin Random House's owner Bertelsmann has been set to acquire Simon & Schuster in a $2.17bn deal. However, this is not a transaction people are happy with as Bertelsmann comes under scrutiny in the UK and the US.
Sourcebooks, which is the largest women-owned book publisher in North America, is launching a new innovative imprint with author, E. L. James. James, who is the author of the Fifty Shades of Grey trilogy, will have her backlist moved to Sourcebooks as part of the deal, effective April 1, 2021. The new imprint is said to focus on entrepreneurial female authors, such as James herself, that have taken a hands on approach to publishing.
Penguin Young Readers (a division of PRH) has announced that they are publishing a special commemorative edition of Amanda Gorman's 'The Hill We Climb.'
It's time to give black authors a chance to be heard and Bernardine is doing just that. Read to find out how she's putting Black British authors back in the spotlight!
I think we can all agree that 2020 was nothing but news. Books and the publishing industries were no exception to this. Some news were great, some of them bad, some others were just unexpected. If you missed any of them on the whirlwind that was 2020, here is a quick recap of the biggest literary news of the year.