Wanna Buy a Book Publisher? Simon & Schuster is on the Market
Business Wars Daily
Wondery
4.6 • 716 Ratings
🗓️ 19 March 2020
⏱️ 8 minutes
🧾️ Download transcript
Summary
Today is Thursday, March 19, and we’re looking at Simon & Schuster vs. Amazon.
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Transcript
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| 1:05.9 | Thank you. McMillan Online Community. From Wondery, I'm David Brown, and this is Business Wars Daily on this Thursday, March 19th. |
| 1:11.2 | Hey, readers, want to buy a book publisher? |
| 1:13.9 | Simon & Schuster, the illustrious publishing house founded in 1924, is up for sale. |
| 1:19.7 | Its parent company Viacom, CBS, no longer wants it. |
| 1:22.9 | But as we'll see, plenty of other companies just might. |
| 1:26.2 | If you happen to have about $1.2 billion, the |
| 1:29.0 | rumored price tag, well, get in line and be ready to fight off a certain company called Amazon. |
| 1:35.0 | Dick Simon and Max Schuster founded the company almost 100 years ago. The partner's first product |
| 1:40.7 | was hardly a literary masterpiece. It was a book of crossword puzzles. And according to |
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