Unlocking the Future: Private Equity Ventures into the Thriving World of Book Publishing

Earlier this year, the Department of Justice prevented Penguin Random House, a company owned by German media giant Bertelsmann, from acquiring Simon & Schuster. HarperCollins, Penguin Random House, Hachette, Macmillan, and Simon & Schuster already dominate 80 percent of the book market. The literary community sighed with relief. Less than a year later, private-equity firm …

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