RBmedia Acquires McGraw Hill Professional Audiobook Publishing Business
May 11, 2021
RBmedia acquired McGraw Hill Professional's audiobook publishing business and catalog, and signed a multi-year agreement to be the exclusive audio publisher for new McGraw Hill Professional titles. The deal expands RBmedia's business and professional audio offerings while allowing McGraw Hill Professional to monetize its audio rights through a strategic publishing partnership.
- Buyers
- RBmedia
- Targets
- McGraw Hill Professional audiobook publishing business
- Sellers
- McGraw Hill Professional
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Divestiture
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