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unhappycamper

(60,364 posts)
Sat Aug 2, 2014, 11:44 AM Aug 2014

News Corp. closes $416-million deal for romance publisher Harlequin

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-news-corp-acquisition-harlequin-romance-20140801-story.html



News Corp. closes $416-million deal for romance publisher Harlequin
By Meg James
8.1.2014

Rupert Murdoch's publishing company, News Corp., has completed its $416-million purchase of Harlequin Enterprises from Torstar Corp. of Canada.

Harlequin, the world-famous publisher of romance novels, will operate as a separate unit within HarperCollins Publishers and remain headquartered in Toronto.

News Corp. in May announced that it was acquiring Harlequin. It was attracted to Harlequin, in part, because it reaches an audience of voracious readers. Harlequin also has a growing business of digital book sales.

Harlequin was an intriguing catch with international mystique.

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News Corp. closes $416-million deal for romance publisher Harlequin (Original Post) unhappycamper Aug 2014 OP
Sigh historylovr Aug 2014 #1
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