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Old 06-23-2020, 06:09 PM   #1
CWatkinsNash
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Overdrive to Acquire RBDigital

https://company.overdrive.com/2020/0...-from-rbmedia/

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CLEVELAND – June 23, 2020 – OverDrive, the leading digital reading platform for libraries and schools, announced today that it is acquiring the assets of RBmedia’s library business, including the RBdigital platform in North America, the United Kingdom and Australia.
As someone who gets several magazines through RBDigital each year, I'm curious to see how this ends up. The love the service but the RBDigital app is less than ideal. Getting mags through the Overdrive or Libby app would definitely be an improvement.
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Old 06-23-2020, 06:17 PM   #2
Nate the great
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they're owned by the same hedge fund, so I would say this is a merger, not an acquisition

Last edited by Nate the great; 06-23-2020 at 06:20 PM.
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Old 06-23-2020, 09:33 PM   #3
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Originally Posted by Nate the great View Post
they're owned by the same hedge fund, so I would say this is a merger, not an acquisition
Yep. KKR purchased RBmedia (parent company for RBdigital) in Jul 2018 and OverDrive in Jun 2020.
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Old 06-24-2020, 06:55 AM   #4
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Rbdigital also provides access to some magazines and comics (mostly Marvel and DC) in Australia.

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