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Callisto Media to join independent publisher Sourcebooks after Penguin Random House-funded acquisition; Sourcebooks will oversee management of Callisto's publishing assets, while its titles will continue to be distributed by Simon & Schuster Distribution

After laying off 140 employees in July, or 35% of its workforce, Callisto Media laid off an unspecified number of employees this week and reportedly closed, at least temporarily, physical offices in New York, Emeryville, Calif.

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