Authors fear the worst if Penguin owner takes over Simon & Schuster

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 ]

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STEM/STEAM Books Address Climate Change

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Kim Shannon Joins S&S as SVP of Sales

Shannon comes to Simon & Schuster from Penguin Random House’s the Knopf Doubleday Publishing Group. She succeeds the late Gary Urda, who died suddenly on June 24. Continue reading at Publishers Weekly

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AAP StatShot: US Trade Publishing Up 16.5 Percent in May

Increases in adult nonfiction and children's fiction sales contributed to strong numbers in May's StatShot report on the US book market. The post AAP StatShot: US Trade Publishing Up 16.5 Percent in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-07-18 19:44:56 UTC ]
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The Biggest Bookish News of the Week

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Random House Is Buying Boom! Studios

The Random House Publishing Group has signed an agreement, expected to close later this summer, to acquire comic book and graphic novel publisher Boom! Studios. Boom! will become part of Random House Worlds. Continue reading at Publishers Weekly

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If You’re Going to Platform Extremists You Should At Least Check Their Facts

On June 21st, Threshold, a conservative imprint of Simon & Schuster, announced a new book deal with New York Times bestselling author and entrepreneur and noted conspiracy theorist Vivek Ramaswamy. Although it’s rumored that Donald Trump passed him over for the role of running mate, Vivek... Continue reading at Literrary Hub

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Book Deals: Week of July 8, 2024

Bestselling author Mary Alice Monroe sells a new souther epic to Morrow, Hillary Clinton’s new memoir goes to Simon & Schuster, and more. Continue reading at Publishers Weekly

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S&S Names Wibke Grutjen Global Chief of Marketing and Communications

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S&S Partners with Media Company Pave Studios

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Green, Santella Up in PRH Children's Sales Reorg

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Gary Urda, SVP of Sales at Simon & Schuster, Dies at 59

Urda died unexpectedly the morning of June 24 after collapsing at the gym. S&S CEO Jonathan Karp called him "was a quintessential sales executive, with a deep knowledge of our industry." Continue reading at Publishers Weekly

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Arnaud Nourry’s Les Nouveaux Éditeurs in Deal With S&S

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Penguin Random House Will Expand its Indiana Warehouse

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Layoffs Hit Little, Brown Editorial; Tracy Sherrod, More Depart

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