Tag Archives: NTC/Contemporary

On the Block?

Sales of Book Businesses Plummet, But the Big Keep Getting Bigger In the third quarter of this year, merger and acquisition activity in trade book and other consumer publishing segments plummeted more than 40%, according to industry figures tracked by investment banking firm Whitestone Communications. Despite a flurry of speculation over sales — for example,…Continue Reading

Home From School

McGraw-Hill’s Kids Group Sets Sights on the Trade Eleven years ago McGraw-Hill Inc. sacked more than 1,000 people and gutted its own infrastructure, shrinking its operating units from what had once been five, to three, and then two. Corporate vultures were regularly dive-bombing the company’s Sixth Avenue headquarters, girding for the last great hostile takeover…Continue Reading