Paramount agreed with KKR about sale publishing houses Simon & Schuster for $1,62 billion

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Paramount Global KKR for $1,62 billion reached the agreement on sale a publishing house of Simon %26 Schuster the private investment companies. The media company declared the transaction after the report on the income. The total sales of Paramount fell to 2%, to $7,6 billion, and its television segment businesses suffered because of decrease in the income from advertizing Paramount Global agreed about sale Simon %26 Schuster publishing houses (enters in top-5 world English-speaking publishing houses) companies direct investments KKR for $1,62 billion, reported the media company, reporting about the income, transfers broadcasting company "CNBC". The entry of KKR into the market of book publishing occurred...
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Robert Mark Bakish (Bob Bakish)
Last position: President and CEO (Paramount)
Paramount
Main activity:Culture and sports
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