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.<\/p>\n
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.<\/p>\n
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!<\/p>\n","protected":false},"excerpt":{"rendered":"
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 … <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","filesize_raw":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-7090","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/posts\/7090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/comments?post=7090"}],"version-history":[{"count":0,"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/posts\/7090\/revisions"}],"wp:attachment":[{"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/media?parent=7090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/categories?post=7090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aaugh.com\/wordpress\/wp-json\/wp\/v2\/tags?post=7090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}