Valsoft now owns both Edelweiss and NetGalley — Coral Wire
Market · Wed, Oct 7 2026 · Coral Index 63/100

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.

Valsoft now owns both Edelweiss and NetGalley
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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).

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