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Weekly News Digest

August 19, 2021 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.

CLICK HERE to view more Weekly News Digest items.

Hachette Set to Acquire Workman

Hachette Book Group (HBG) has entered into a binding agreement to acquire Workman Publishing Co., Inc. “The Workman program will powerfully complement HBG’s existing publishing programs, and this acquisition will unlock new opportunities for growth in exciting directions,” says Michael Pietsch, HBG’s CEO.

“[M]y first and foremost goal was to find a place where Workman’s unique culture could prosper long into the future, a place where we could nurture and protect our greatest assets: our authors, illustrators, and, most of all, our amazingly wonderful staff,” says Carolan Workman, Workman’s executive chairperson and president. “I am so happy to be joining with Hachette. They clearly respect not only what we are but who we are. I truly believe that our two companies will thrive together in this partnership.”

Workman, which comprises several imprints, will become HBG’s eighth publishing group. The transaction is set to close following regulatory approval.

For more information, read the press release.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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