Thread: Simon & Schuster sold to private equity firm KKR for $1.62bn
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Old 08-11-2023, 10:22 AM   #8
Paperbackstash
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Quote:
Originally Posted by tubemonkey View Post
This isn't KKR's first venture into the book industry. They purchased RBMedia and its imprints (Christian Audio, GraphicAudio, HighBridge Audio, Recorded Books, Tantor Media) in 2018 and OverDrive in 2020.
Oh wow, so definitely not a stranger to the book community. I am not surprised as I knew S&S would still be seeking a buyer ASAP after the Penguin deal
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