May 2nd, 2014
08:50 AM ET

Harlequin swooped up by News Corp

By Brian Stelter, CNN

NEW YORK (CNNMoney) Harlequin has fallen for a charming billionaire.

News Corp (NWS), the publishing company chaired by Rupert Murdoch, said Friday that it would pay $415 million to acquire Harlequin, best known for romance novels sometimes nicknamed "bodice rippers." (Murdoch is, coincidentally, newly single.)

Harlequin, currently owned by Torstar Corporation, will become part of News Corp's HarperCollins Publishers. News Corp said the deal will give HarperCollins a bigger presence in a "key content vertical" and in markets outside the United States.

Almost a year ago, Murdoch's News Corporation spun its global television and film businesses like Fox News and Fox Sports into a new entity named 21st Century Fox; his newspapers and book publishing imprints remained a part of the much-reduced News Corp.

Read more of Brian's CNN Money story online here. 

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  23. patricialee

    Please try for some accuracy and relevance in your article. "Bodice ripper" is a passe term (and certainly a derogatory term) for certain fiction that was produced largely in the 1970's and 1980's. It is not what is published currently by Harlequin if it ever was, but since Harlequin's audience is primarily female, you seem to think it perfectly acceptable to use derogatory terminology and condescending prose. And why, exactly, is Mr. Murdoch's marital status relevant to an article about the acquisition of a valuable publishing house?

    May 3, 2014 at 5:08 pm | Reply
  24. Lizabeth S. Tucker

    Actually, you are wrong. Bodice rippers were a derogatory term made up by male reporters that referred to the early days of historical romantic fiction that had come out in the 1970s. What Harlequin publishes is called ROMANTIC fiction or even ROMANCES. Which is the largest selling genre in publishing, by the way.

    DO try and be accurate and polite in your stories. You aren't Fox News, after all, no matter how far your standards have fallen since Ted Turner sold your company to Time Warner.

    May 3, 2014 at 7:58 am | Reply
  25. tracygarrett

    "News Corp (NWS), the publishing company chaired by Rupert Murdoch, said Friday that it would pay $415 million to acquire Harlequin, best known for romance novels sometimes nicknamed "bodice rippers." (Murdoch is, coincidentally, newly single.)"
    Seriously? A half a billion dollar deal and you go with a "nickname" that is not only offensive within the industry but outdated by about 25 years. Why? Is it because the business is primarily by and for women? Obviously we still don't rate respect.

    May 2, 2014 at 5:47 pm | Reply

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