Apple Inc., the world's biggest technology company, violated antitrust law by engaging in a scheme to fix the prices of electronic books, a federal judge ruled in a suit brought by the U.S. government.U.S. District Judge Denise Cote, who tried the case without a jury, ruled against Apple in a decision filed today in federal court in Manhattan."The plaintiffs have shown that Apple conspired to raise the retail price of ebooks and that they are entitled to injunctive relief," Ms. Cote said in her opinion. The judge ordered a trial on potential damages.The U.S. sued Apple and five publishers in April 2012, claiming the maker of the iPad pushed publishers to sign agreements letting it sell digital copies of their books under what's known as the agency model. Under that model, publishers, and not retailers, set prices for each book, with Apple getting 30%.Apple, based in Cupertino, California, was the last defendant left in the case after the publishers avoided trial by settling.The settling publishers are Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan unit, CBS Corp.'s Simon & Schuster, Lagardere SCA's Hachette Book Group, Pearson Plc's Penguin unit and News Corp.'s HarperCollins. The No. 1 publisher, Random House Inc., wasn't involved in the U.S. suit. Continue reading at 'Crains New York'
[ Crains New York | 2013-07-10 00:00:00 UTC ]
On Wednesday afternoon, a mob of right-wing extremists and indignant livestreamers stormed the Capitol. Along their path, they left a note to the journalists who were covering the scene, a message that seemed a harrowing extension of a presidency marked by anti-press virulence: etched into a... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-01-08 13:30:11 UTC ]
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Simon & Schuster US has cancelled its forthcoming book from US senator Josh Hawley, following criticism of his actions in relation to the attack on the Capitol Hill building this week. Continue reading at The Bookseller
[ The Bookseller | 2021-01-08 08:17:19 UTC ]
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Simon & Schuster says it ‘cannot support senator after his role in what became a dangerous threat to our democracy and freedom’Publishers have cancelled a planned book by Senator Josh Hawley, who objected to Joe Biden’s presidential election win and backed baseless claims that the vote was... Continue reading at The Guardian
[ The Guardian | 2021-01-08 05:50:17 UTC ]
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Simon & Schuster has canceled its planned June publication of 'The Tyranny of Big Tech' by Sen. Josh Hawley, one of the main drivers in the Republican effort to challenge the Electoral College results that led to the attack on the Capitol on Wednesday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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Jay-Z's entertainment company, Roc Nation, has created an imprint at Random House called Roc Lit 101. The new imprint will be overseen by Chris Jackson, publisher and editor-in-chief of One World, and Roc Nation's executive v-p Jana Fleishman. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-15 05:00:00 UTC ]
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Penguin Random House Canada is splitting the Knopf Random House Canada publishing group into two different imprints: Knopf Canada and Random House Canada. Each imprint has new leadership and will operate independently. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
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CEO Kristin Cochrane retains Anne Collins while moving Martha Kanya-Forstner to lead Knopf Canada and bringing in Sue Kuruvilla for RH Canada. The post Year-End Changes: PRH Canada Separates Knopf and Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-12-09 21:22:13 UTC ]
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The planned merger of Penguin Random House and Simon & Schuster may be global but it's bad for books both foreign and domestic. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-12-04 19:25:12 UTC ]
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Simon & Schuster is to publish a biography of former Labour minister John Stonehouse, who faked his own death in 1974. Continue reading at The Bookseller
[ The Bookseller | 2020-11-29 23:08:09 UTC ]
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Can Penguin Random House swallow Simon & Schuster while remaining good citizens? Continue reading at The Bookseller
[ The Bookseller | 2020-11-27 00:32:40 UTC ]
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ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
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ViacomCBS agreed to sell the 96-year-old company in a deal that potentially creates a megapublisher. Continue reading at The New York Times
[ The New York Times | 2020-11-25 17:08:27 UTC ]
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Penguin Random House acquires Simon and Schuster, creating the largest megapublisher in the United States. Continue reading at Book Riot
[ Book Riot | 2020-11-25 15:00:18 UTC ]
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For book lovers, the announcement may feel like background noise, but the ramifications are huge. Continue reading at The Washington Post
[ The Washington Post | 2020-11-25 12:57:10 UTC ]
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Stephanie Purcell, group rights director at Simon & Schuster, has been appointed group rights director at Bloomsbury. Continue reading at The Bookseller
[ The Bookseller | 2020-11-19 19:54:32 UTC ]
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Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]
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The chatter is getting louder around the Simon & Schuster sale story, with News Corp arriving as another name associated with the process. The post New Insights Emerge Into Bidders for Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-17 19:13:31 UTC ]
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A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times
[ The New York Times | 2020-11-17 08:28:15 UTC ]
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Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller
[ The Bookseller | 2020-11-17 08:28:03 UTC ]
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Saying that private equity firms had dropped out of the bidding, the 'New York Times' reported this morning that the country's first and second largest trade publishers—Penguin Random House and HarperCollins, respectively—were now the favorites to acquire Simon & Schuster, the country's... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-17 05:00:00 UTC ]
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