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Simon & Schuster: Publisher to be sold for $1.6bn
(www.bbc.co.uk)
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I just recently read an article about Overdrive and KKR, the company that bought both Overdrive and now this publisher. It was a really disheartening read for what’s happening in the books market.
Article: https://karawynn.substack.com/p/the-coming-enshittification-of-public-libraries
KKR is also the company that bought out Toys R Us, and we know how that ended.