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 ]
Thriller author Don Winslow wants to debate Donald Trump about the president's proposed border wall, and Stephen King is willing to pay $10,000 to make it happen. Winslow, whose new novel, "The Border," is slated for release by Harper Collins imprint William Morrow next week, challenged Trump to... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-02-20 00:00:00 UTC ]
More news stories like this
Simon & Schuster's worldwide revenues for 2018 dipped fractionally to $825m from $830m in 2017, parent company CBS has said. Continue reading at The Bookseller
[ The Bookseller | 2019-02-16 00:00:00 UTC ]
More news stories like this
A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
More news stories like this
Penguin Random House US c.e.o. Madeline McIntosh outlines her vision for the publisher, as Crown is merged with Random House and Spiegel & Grau is shuttered. Continue reading at The Bookseller
[ The Bookseller | 2019-02-11 00:00:00 UTC ]
More news stories like this
Hodder will publish Stephen King's new novel The Institute in September 2019 after the "thrilling and suspenseful" book was acquired by Jamie Hodder-Williams from Chuck Verrill at Darhansoff and Verrill in New York. Continue reading at The Bookseller
[ The Bookseller | 2019-02-05 00:00:00 UTC ]
More news stories like this
As part of the ongoing process of integrating Crown into Random House, three editors have been promoted to senior v-p and editor-in-chief positions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
More news stories like this
Random House took more steps to streamline its operations since its merger with Crown, naming new combined teams for the public relations and marketing; art; and finance, subsidiary rights, and publishing operations departments. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-28 00:00:00 UTC ]
More news stories like this
Simon & Schuster have pre-empted Not Quite White, the debut by writer and musician Laila Woozeer. Continue reading at The Bookseller
[ The Bookseller | 2019-01-19 00:00:00 UTC ]
More news stories like this
Penguin Random House completed moving its Penguin staff members that had been working on Hudson St. to 1745 Broadway, where Random House has long had its headquarters, on January 2. PW talked with PRH US CEO Madeline McIntosh about the move. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
More news stories like this
More than career guides, these narrative portraits of professional lives let readers try on their dream jobs. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
More news stories like this
In a copyright flare-up, California's Internet Archive finds itself on the wrong side of the English-speaking world's two largest author trade organizations. The post Authors Guild and Society of Authors Allege Copyright Infringement by the Internet Archive appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-01-18 00:00:00 UTC ]
More news stories like this
A new digital platform and newsletter called The FLIP (Female Leadership in Publishing), launched by three Transworld colleagues to showcase "brilliant, inspiring, courageous and creative" women who work in the publishing industry, has been "inundated" with support, collecting hundreds of... Continue reading at The Bookseller
[ The Bookseller | 2019-01-15 00:00:00 UTC ]
More news stories like this
Backed by social media support from author and Maine resident Stephen King, a petition and lobbying effort by the Maine Writers & Publishers Alliance has successfully persuaded the 'Portland Press Herald' to reinstate its local book review coverage. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-14 00:00:00 UTC ]
More news stories like this
Press Herald turns tweet aghast at plan to drop Maine content into chance to attract 100 digital subscriptionsA Maine newspaper that horrified the bestselling author Stephen King by dropping its local book review coverage used his complaint to boost digital subscriptions. Related: 'Judge me by... Continue reading at The Guardian
[ The Guardian | 2019-01-13 00:00:00 UTC ]
More news stories like this
The publishing industry does not look like it is headed for a big finish to 2018. In the week ended Dec. 15, 2018, unit sales of print books fell 6.5% compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-21 00:00:00 UTC ]
More news stories like this
Simon & Schuster president and c.e.o. Carolyn Reidy has discussed the “phenomenal” sales of Bob Woodward’s Fear, the fastest selling audiobook in the publisher’s history, whilst acknowledging the booming backlist sales and the UK big-hitters in a staff newsletter heralding a "magnificent" year. Continue reading at The Bookseller
[ The Bookseller | 2018-12-19 00:00:00 UTC ]
More news stories like this
In addition to a string of bestsellers, Simon & Schuster CEO Carolyn Reidy cited strong gains in digital audio and backlist sales as keys to the “most successful year in Simon & Schuster's history.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-18 00:00:00 UTC ]
More news stories like this
NBA finalist Téa Obreht sells a novel to Random House, Beach Lane buys an Amy Cherrix picture book for six figures, Avery picks up a title on gut health for a rumored high-six-figure sum, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-07 00:00:00 UTC ]
More news stories like this
The newly combined Random House and Crown publishing groups will be known as Random House. David Drake, Aaron Wehner, and Tina Constable have been given prominent roles in the new Crown, while Crown publisher Molly Stern will leave the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-07 00:00:00 UTC ]
More news stories like this
Baroness Gail Rebuck, chair of Penguin Random House UK, has told "The South Bank Show" that she gave herself just 100 days to prove she could be chief executive of a major publishing business, after taking over the reins at Random House in 1991. Continue reading at The Bookseller
[ The Bookseller | 2018-12-07 00:00:00 UTC ]
More news stories like this