The new owner of the nearly century-old publisher is the private investment firm KKR. You can read about the deal here in Publishers Weekly.
This means we still have a "big five" of corporate publishers in the US, avoiding the consolidation of giant publishers which isn't particularly good for we creators of children's, tween, and teen books.
Part of being a creator is keeping up with the big news in our industry...
Illustrate, Translate, and Write On,
Lee
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