Two years after the sale of Simon & Schusater, Paramount is getting back into the book biz with the launch of new publishing imprint, Paramount Global Publishing.

Per the company, “Paramount will oversee direct development, creation and production of the Paramount Global Publishing books, with sales and distribution into the retail market to be handled by a yet-to-be-named partner.”

Paramount says it will continue its existing licensing strategy with publishers and distributors.