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News Corp. buys Houghton Mifflin Harcourt books division

abcnews.go.com – Tuesday March 30, 2021

NEW YORK -- In the latest news of consolidation in the literary world, Rupert Murdoch's News Corp. announced Monday it's buying Houghton Mifflin Harcourt's book-publishing division, which includes such blockbuster releases as J.R.R. Tolkien's “The Lord of the Rings” trilogy and George Orwell's “1984."

News Corp. owns HarperCollins, one of the industry's largest book publishers, which will operate the division, called HMH Books & Media, the company said Monday. The announced purchase price was $349 million.

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