The News Corp publishing unit has expressed interest in acquiring CBS Corp‘s Simon & Schuster book unit, according to the Wall Street Journal. If true, the overture comes less than a month after News Corp reportedly jumped in the bidding for Pearson’s Penguin book label with an offer the Sunday Times Of London says was for about $1.6 billion, as consolidation is being seen as a way to best transition the industry to digital platforms. Penguin later merged with Bertelsmann’s Random House. The WSJ, which is also owned by News Corp, reports HarperCollins-Simon & Schuster talks are preliminary. Any News Corp publishing entity would reside in its soon-to-be-split-off publishing company along with Rupert Murdoch’s newspapers and education businesses.
News Corp’s HarperCollins And CBS’ Simon & Schuster In Merger Talks: WSJ
What's Hot on Deadline
Hollywood Cowardice: George Clooney Explains Why Sony Stood Alone In North Korean Cyberterror Attack
Obama: Sony Made Mistake Pulling 'The Interview'; U.S. Will Respond Proportionally At Time And Place We Choose -- Update
Sony Responds To President Obama's Criticism: "We Had No Choice," Still Hope To Release 'The Interview'
'The Interview' Release Would Have Damaged Kim Jong Un Internally, Says Rand Expert Who Saw Movie At Sony's Request
More From Team
- Republicans To Exhibitors: Play 'The Interview'
- North Korea Wants To Work With U.S. To Find Hacker; Obama Admin Asks China For Help – UPDATE
- Emmy-Winning Daytime TV Director Larry Auerbach, Dead At 91
- Embeth Davidtz & Jack Noseworthy Join 'Marilyn' Miniseries; 'Lumen' Pilot Rounds Out Cast
- HBO's 'The Normal Heart' To Receive PGA's Stanley Kramer Award