Paramount launches book division as president steps down

Paramount is launching a publishing division that will turn its vast library of intellectual property into print titles.

This comes just three years after it sold major publishing house Simon and Schuster for more than A$2.3 billion.

Paramount Global Publishing will “develop complementary publishing content inspired by its iconic portfolio of brands and franchises as well as generate new IP through the creation of original stories”, according to an announcement from the company. The division will create content across print, digital, and audio.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.