Valsoft now owns both Edelweiss and NetGalley
The Montreal firm's deal for Firebrand Group also picks up Supadu, folding three publisher-facing platforms under one owner.

One company now owns the two platforms that decide which booksellers and librarians see your advance copies. Firebrand says NetGalley, Edelweiss, and Supadu will keep running independently with their own teams, and I'll take them at their word for now. But remember the pattern: after Valsoft bought Edelweiss's parent in 2024, it cut 15% of that staff within six months and raised prices in 2025. Watch your renewal notices and NetGalley terms over the next few months rather than assuming "business as usual" holds.
Why it matters to you: Authors and publishers who rely on Edelweiss and NetGalley to reach booksellers, librarians, and readers now depend on a single corporate owner for both platforms, with Ingram's new Covered service as the only visible alternative.
This story ran in the Coral Wire edition of Wed, Oct 7 2026, when the Coral Index stood at 63/100 (Tailwinds building).
Coverage — 2 sources
Every outlet found reporting this story.
- Canada’s Valsoft Acquires Firebrand Grouppublishersweekly.com
- Acquisitions: Publications International; Firebrand Grouplunch.publishersmarketplace.com
Also in this edition
- Audible lets listeners talk back to characters mid-bookPlatform — The beta features, Interactive Story, Character Guide and Visual Explorer, are live only for a limited set of U.S. and U.K. customers so far.
- Frankfurt Book Fair names AI tension its central themeAI — Outgoing Buchmesse director Juergen Boos says publishers are split between using AI for workflows and rejecting it over copyright.
- IPG picks up five publishers through 2027Market — The rollout stretches from January 2027 to a November 2027 start for Cassava Republic Press
- PEN America tracks 11,982 school book bans, a new recordLegal — Florida and Texas led 114 districts in banning 7,370 unique titles, with over 4,500 never flagged before
- Publishers hand Redpine 20 million research papersLegal — BMJ Group, Sage and other academic publishers are feeding their research archives to AI company Redpine
- ALLi's SelfPubCon returns free and online October 17-18Community — The two-day event is followed on the 19th by an Indie Author Lab for ALLi members and pass holders.
- Ten of 18 book markets post volume growth in 2026Market — Brazil led gains at 10.5% while Poland's market shrank 11.3%, and graphic novels drove growth almost everywhere except France
- Orélien's novel sells briskly even as plagiarism claims swirlMarket — Controversy hasn't dented demand, and that gap is the real story for watching authors.