Paramount stock pops on earnings, KKR to buy Simon & Schuster
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Simon & Schuster, a subsidiary of Bertelsmann, is an American publishing company founded in New York City in 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was the third largest publisher in the United States, publishing 2,000 titles annually under 35 different imprints.
The business was sold to Bertelsmann by ViacomCBS in November 2020.
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