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Inside: Private equity plunderers want to buy Simon & Schuster; and more!

Archived at: pluralistic.net/2023/08/08/vam

#Pluralistic

1/

@pluralistic This four-minute NPR interview with Publisher Weekly's Jim Milliot about KKR's acquisition of Simon & Schuster strains credulity. Mr. Milliot thinks this acquisition benefits readers, writers, and the publishing industry. He remarks that, while private equity firms don't have the best reputation, "in the end [the acquisition] will work out." I'd wager that Mr. Milliot's optimism is misplaced.  npr.org/2023/08/07/1192579398/

Breaking.Impossible

@flengyel
I heard that story too.
Thought the *same* thing.
Felt eyes roll *real* hard.

@pluralistic @rvaughnmd