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Amazon Has Officially Won the Multibillion-Dollar Self-Publishing Market

from Quartz

Penguin Random House, the largest book publisher in the world, is chopping off its self-publishing arm. The company said Tuesday (Jan. 5) that it has sold Author Solutions — the self-publishing author-tools platform that it bought in 2012 — to an unnamed affiliate of U.S. private equity firm Najafi Companies for an undisclosed sum. more

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