Analysis: if Bertelsmann, owner of Penguin Random House, buys US publisher, writers expect smaller deals and less choice for readersUK watchdog investigates Penguin owner’s Simon & Schuster takeoverJokes circulated online when, in 2013, Penguin and Random House merged: would the new mega-publisher, which became the world’s biggest trade publishing group, be known as Random Penguin? Penguin House? Now, as the prosaically named Penguin Random House’s parent company Bertelsmann’s $2.17bn acquisition of Simon & Schuster comes under scrutiny in the UK, the jokes are fewer and further between.Authors have made it abundantly clear that they fear the fallout if the deal goes ahead. When it was first announced last November, the Authors Guild in the US was quick to register its objections. The acquisition, which would bring heavyweight S&S authors including Hillary Clinton, John Irving, Stephen King and Bob Woodward under the PRH umbrella in the US, would “creat[e] a huge imbalance in the US publishing industry”, it warned, calling on the US justice department to step in. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2021-03-22 23:24:23 UTC ]
Lockdown in Literature, by The Editors of WLT Lit Lists [email protected] Mon, 03/20/2023 - 14:39 Photo by Jens Maes / Unsplash There has been plenty of handwringing among some over whether it’s too soon to write pandemic literature, but these... Continue reading at World Literature Today
[ World Literature Today | 2023-03-20 19:39:01 UTC ]
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Author and songwriter Alice Randall sells a book to Simon & Schuster’s Black Privilege imprint; Little, Brown picks up a title on a California tribe’s struggle for river restoration; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
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Filippo Bernardini impersonated hundreds of people in the publishing industry to obtain work by Margaret Atwood, Sally Rooney and Ian McEwan, but never intended to leak the booksThe former publishing employee who stole manuscripts of books by Margaret Atwood, Sally Rooney and Ian McEwan has said... Continue reading at The Guardian
[ The Guardian | 2023-03-13 11:30:25 UTC ]
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The certified B Corporation aims to reach an audience of 50 million girls by 2025 as it continues to publish new books and expand into new media and storytelling formats. On Monday the girl-centered media brand Rebel Girls announced an $8 million Series A funding round led by publishing giant... Continue reading at Fast Company
[ Fast Company | 2023-03-06 09:30:00 UTC ]
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The country’s largest publisher has had a rocky few months since a deal to buy a rival fell through, and some of its top executives left. Continue reading at The New York Times
[ The New York Times | 2023-02-28 21:08:29 UTC ]
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The highlight of a new operating structure for Penguin Random House is the creation of separate Random House and Crown adult publishing groups. No replacement has been named for departing PRH US CEO Madeline McIntosh. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
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Literary Hub is pleased to reveal the cover for Ed Park’s long awaited second novel Same Bed Different Dreams, which will be published by Random House this fall. Here’s a bit about the novel from the publisher: March, 1919. Far-flung Korean patriots establish the Korean Provisional Government to... Continue reading at Literrary Hub
[ Literrary Hub | 2023-02-24 15:00:34 UTC ]
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Literary Hub is pleased to reveal the cover for Rachel Eliza Griffiths’s novel Promise, which Danielle Evans calls “a stunning exploration of the weight and triumph of legacy” and which will be published by Random House in July. Here’s some more about the book from the publisher: The Kindred... Continue reading at Literrary Hub
[ Literrary Hub | 2023-02-23 15:00:59 UTC ]
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On paper, the publishing industry seems glamorous. But this façade belies the deep problems that persist, and one of them is the low pay. Continue reading at Book Riot
[ Book Riot | 2023-02-23 11:36:00 UTC ]
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As the winner of the second annual Books Like Us First Novel Prize, Dorabji will receive a $50,000 book deal with Simon & Schuster. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-23 05:00:00 UTC ]
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Distributed globally through Simon & Schuster, the publisher has 24 projects lined up for 2023 to turn more mobile webcomics into print books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
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With all of its operating groups reporting sales gains, revenue and profits hit record levels in 2022 at Simon & Schuster. CEO Jonathan Karp called the year "stratospheric." Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-16 05:00:00 UTC ]
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Months after a federal court ruling blocked the Penguin Random House deal, the publisher Simon & Schuster is once again up for sale. Continue reading at Book Riot
[ Book Riot | 2023-02-14 17:17:54 UTC ]
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Filed on January 6, the complaint claimed that Authors’ Place Press and its owner, Tony Ferraro, had failed to fulfill their contractual obligations and to pay or properly account for royalties. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-05 05:00:00 UTC ]
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Two CEOs have stepped down. A storied executive has retired. And a big legal loss isn't entirely in the rearview. This year, the U.S. book market's biggest publisher is planning some major structural changes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
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Author Lorenzo Carcaterra looks back at nearly a quarter century working with the retired Random House editor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
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Penguin Random House Audio has acquired Playaway Products, a producer of physical audio players and tablets preloaded with content. Launched in 2005 and based in Solon, Ohio, the company offers 36,000 titles and works with some 40,000 libraries and institutions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-02 05:00:00 UTC ]
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The Duffer Brothers, creators of the Netflix hit 'Stranger Things,' were big fans of the Choose Your Own Adventure middle grade series and a tie-in based on the fourth season of the show is coming from Random House in April. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-01 05:00:00 UTC ]
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The owner of the hybrid publisher has promised representatives from the Authors Guild that he will address the myriad complaints brought against his company that have piled up for about five years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-01 05:00:00 UTC ]
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About three weeks after Gina Centrello retired as president and publisher of the Random House Publishing Group, McIntosh announced that she will step down as CEO of Penguin Random House in the very near future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-01-31 00:00:00 UTC ]
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