and more.
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DealsSouth Korea's Naver to Acquire Wattpad for $600 Million
Naver, Korea's leading internet platform, is acquiring Canadian social writing and reading platform Wattpad for more than $600 million in cash and stock. Naver is the leading search engine in Korea, a platform akin to Google.
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News
European Book Sales Faltered in 2020
Year-end book sales across Europe were slammed by Covid-19 lockdowns. Still, preliminary results in three major markets show declines for the full year were modest.
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News
Italians Read More During the Pandemic
The results of a new survey revealed that Italians are reading more during the pandemic due in part to millions of consumers buying books online and downloading e-books for the first time.
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Frankfurt Book Fair
Frankfurt Book Fair Plans to Go 'Back to Basics'
The Frankfurt Book Fair has reorganized, and will pursue a "back to basics" approach for the physical fair next year, focusing on the rights trade and B2B networking. It will also continue to develop its virtual platforms and digital tools.
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Trade Shows
Virtual Guadalajara Book Fair Attracted Big Audiences
The virtual Guadalajara International Book Fair featured 406 events with 811 speakers participating from 46 countries, including 310 authors from 38 countries. The online activities, television, and radio broadcasts attracted an audience of 21 million people.
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Frankfurt Book Fair
Frankfurt Book Fair New York Is Closing
The Frankfurt Book Fair New York, which was responsible for selling exhibition space to North American publishers and arranging for literary agents to attend the fair, is closing at the end of the year.
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News
Select Spanish-Language Titles: November–December 2020
A list of Spanish-language titles from November to December.
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News
Canadian-Owned Publishers Oppose PRH Buying S&S;
The Association of Canadian Publishers published a letter last week calling on the Canadian government to scrutinize the proposed merger of PRH and S&S; for antitrust issues.
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News
Spanish Titles Still Growing at IPG
With nearly 8,000 titles for adults and children from 40 publishers in its catalog, the Chicago-based IPG continues to see strong interest in its Spanish-language catalog in the U.S. 2019 was its best sales year yet.
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Trade Shows
Guadalajara's Book Fair Goes Digital
The Guadalajara International Book Fair is offering a virtual program with more than 300 events, including four days of professional panels and 120 book readings and launches by authors from 38 countries.
