Apple violated antitrust law in ebook pricing

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 ]

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Penguin Random House Acquires Hay House

Penguin Random House has acquired the self-help and health and wellness publisher, which puts out roughly 100 books a year and boasts a 1,500-title backlist. CEO Reid Tracy will continue to lead the house. Terms of the transaction were not disclosed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-12 05:00:00 UTC ]
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Little, Brown's Judy Clain Is Moving to S&S to Relaunch Summit Books

In its first major move since being acquired by KKR, Simon & Schuster has announced that longtime Little, Brown editor-in-chief Judy Clain will join S&S as senior v-p and publisher of Summit Books, with a mandate to revive and refocus the imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-11 05:00:00 UTC ]
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Simon & Schuster Names Its New Board Members

A deep bench of experience, from Penguin Random House and Disney to TikTok and YouTube, is on Simon & Schuster's new board of directors. The post Simon & Schuster Names Its New Board Members appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-07 21:21:07 UTC ]
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Naomi Alderman On Tech Billionaires as Today’s Villains

This week on The Maris Review, Naomi Alderman joins Maris Kreizman live at the Strand Bookstore in New York City to discuss The Future, out now from Simon & Schuster. Subscribe and download the episode, wherever you get your podcasts. * from the episode: Maris Kreizman: You really captured... Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-07 09:06:54 UTC ]
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Richard Sarnoff, Madeline McIntosh Among New Simon & Schuster Board Members

Following the purchase of Simon & Schuster by private equity firm KKR, the publisher has named its new board of directors, which includes S&S CEO Jonathan Karp, industry veteran Richard Sarnoff, and former Penguin Random House US CEO Madeline McIntosh. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-07 05:00:00 UTC ]
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Penguin Random House Sues the US State of Iowa

Penguin Random House — along with the Iowa State Education Association, authors, students, and educators — is taking Iowa to court for its law against sexual content in books. The post Penguin Random House Sues the US State of Iowa appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-30 23:47:44 UTC ]
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Will Haberman and Swan’s 2025 Trump book be a comedy or a tragedy?

Photo by Rachel Cobb Maggie Haberman and Jonathan Swan have signed a lucrative deal with Simon & Schuster to write a book about whatever the hell happens to Donald Trump in 2024. Oh, sorry: THIS IS AN AXIOS SCOOP!  • SCOOP! • SCOOP! Yes, that’s right, this book will be either a gritty... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-27 13:59:34 UTC ]
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Yahdon Israel Pulls Back the Curtain on Publishing

The senior editor at Simon & Schuster, who acquired NBA finalist ‘Temple Folk’ after putting out a call for submissions on Instagram, wants to make the publishing industry more transparent and accessible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
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Jack Artenstein, Former S&S Group President and Publisher, Dies at 83

After executive roles at Grosset & Dunlap and Simon & Schuster, Artenstein launched RGA/Lowell House in 1984, and sold the company to the NTC/Contemporary Publishing Group in 1998. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-13 05:00:00 UTC ]
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Penguin Random House Issues a First Diversity Report

PRH's Nihar Malaviya talks of 'an environment where all employees are empowered to grow, succeed, and speak up,' in the US division's first DEI report. The post Penguin Random House Issues a First Diversity Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-04 00:09:33 UTC ]
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Simon & Schuster Sale to KKR Officially Completed

Simon & Schuster has officially been sold to KKR a few months after the deal was announced and after a long journey that began in 2020. Continue reading at Book Riot

[ Book Riot | 2023-11-01 16:40:37 UTC ]
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KKR Completes Purchase of Simon & Schuster

The private equity firm, whose other holdings include OverDrive, has finalized its $1.62 billion purchase of S&S, the country's third largest trade book publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-30 04:00:00 UTC ]
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Penguin Random House launches high schoolers’ award to combat book bans

The publisher’s $10,000 Freedom of Expression prize invites teens to write about a banned book that changed their life, against a backdrop of rising censorshipPublisher Penguin Random House has launched a new writing award in the US celebrating freedom of expression in response to a rise in... Continue reading at The Guardian

[ The Guardian | 2023-10-24 12:34:56 UTC ]
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Book Deals: Week of October 23, 2023

Serena Williams sells two to Random House, Gallery signs Deion Sanders, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-20 04:00:00 UTC ]
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Serena Williams Has a Two-Book Deal, Including a Memoir

Serena Williams just announced a book deal with Random House Publishing Group. Here's what we know so far. Continue reading at Book Riot

[ Book Riot | 2023-10-19 16:48:02 UTC ]
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Penguin Random House and We Need Diverse Books Open Submissions for the 2024 Creative Writing Awards

The awards partnership between Penguin Random House and We Need Diverse Books will award $60,000 in scholarships. Continue reading at Book Riot

[ Book Riot | 2023-10-18 18:22:57 UTC ]
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How Simon & Schuster’s Sale to KKR Could Affect the Company

Simon & Schuster may not have been merged with Penguin Random House, but that doesn’t mean KKR’s acquisition of it is without cons. Continue reading at Book Riot

[ Book Riot | 2023-10-18 10:33:00 UTC ]
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Book Deals: Week of October 16, 2023

George Stephanopoulos sells a history of the White House Situation Room to Grand Central, Random House buys a memoir from Salman Rushdie, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-13 04:00:00 UTC ]
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Salman Rushdie’s memoir of the attempt on his life will be published next year.

As reported by Publishers Weekly earlier this morning, Random House will publish Salman Rushdie’s new memoir, Knife: Meditations After an Attempted Murder, on April 16, 2024. The book will mark Rushdie’s first time speaking at length about the brutal attack he suffered while onstage at the... Continue reading at Literrary Hub

[ Literrary Hub | 2023-10-11 15:03:03 UTC ]
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New S&S Program, Books Belong, Takes Aim at Book Bans

Simon & Schuster is introducing a new "multi-platform education and resources program" during this year's Banned Books Week, as part of an effort to expand the publisher's response to the book bans and challenges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-20 04:00:00 UTC ]
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