Peanuts publisher buyout

Sources are reporting that KKR is buying Simon and Schuster, probably currently the biggest publisher of Peanuts thanks to their Little Simon-published storybooks, from the current owner, Paramount.

Sometimes, when one company buys another, it makes no real difference, just a slight change in letterhead. However, KKR isn’t a media company like Paramount. They are the world’s second-largest private equity firm. They have a history of buying companies, selling off individual assets, pulling debt tricks, and selling what remains off. Sometimes they make a big profit, sometimes not, but the company is often not the same in the end. They were part of the consortium that bought out Toys R Us, and, well, have you shopped at your local Toys R Us lately? They bought Regal Cinemas in 1998, the chain filed bankruptcy in 2000. They’ve bought or invested in all kinds of businesses: major food manufacturers, software companies, supermarkets, auto parts, real estate loans, landscaping, energy, you name it. They are in the business of business.

So, will this mean some changes for Simon and Schuster? I’d bet yes. Will it mean changes for their Peanuts books? Less likely, but we shall see!

General
I suspect that’s not Schulz

The only thing I have to say about this ad from 1967 is “no”.   40 SHARES Share Tweet this thing Follow the AAUGH Blog

General

  As these two ads, from 1954 and 1961 respectively, show, Patty and Violet had a rather consistent relationship… living on slightly different planes, and not introducing themselves, but giving a name to each other. 40 SHARES Share Tweet this thing Follow the AAUGH Blog

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The Untouchable Charlie Brown

If you look at this ad, you may be wondering (as I did when I stumbled across it) why Charlie Brown is advertising a television show in 1963… and why, of all shows, he’s advertising┬áThe Untouchables. (Or you may be one of the many people now populating the earth too …