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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Publishers go back to backlist

Backlist is more important than ever for the publishing industry and the opportunity to use backlist titles to drive the sale of frontlist titles is, according to publishers, “one of the true excitements” of the new era of digital publishing. Continue reading at The Bookseller

[ The Bookseller | 2014-11-18 00:00:00 UTC ]
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Stirring Things Up

HarperCollins and Simon & Schuster had a busy few days last week: the two companies announced their quarterly earnings, received words of encouragement from their corporate owners, and made changes in their Canadian operations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-07 00:00:00 UTC ]
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Bertelsmann buys e-learning company Relias Learning

Bertelmann is to spend "in the mid-hundreds of millions" in US dollars on American e-learning provider Relias Learning, describing it as the company's "biggest purchase in the US since it took over Random House in 1998". The buy, which will have to be approved by antitrust authorities, is... Continue reading at The Bookseller

[ The Bookseller | 2014-10-22 00:00:00 UTC ]
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S&S strikes 'version of agency' deal with Amazon

Simon & Schuster in the US and Amazon have signed a new multiyear deal which is a "return to a version of agency" and is also “economically advantageous for both Simon & Schuster and its authors”. An email from Carolyn Reidy (pictured), president and c.e.o. at Simon & Schuster, said... Continue reading at The Bookseller

[ The Bookseller | 2014-10-22 00:00:00 UTC ]
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Amazon and Simon & Schuster reach a deal on internet book sales

Amazon just found a way to put further pressure on Hachette in its ongoing pricing war: strike a deal with another publisher. The online retailer has forged a new agreement with Simon & Schuster that will keep the book giant's digital and physical... Continue reading at Engadget

[ Engadget | 2014-10-21 00:00:00 UTC ]
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S&S, Amazon Agree on 'Version' of Agency Pricing

The new sales agreement supposedly reached on Monday by Amazon and Simon & Schuster, has been confirmed by both parties. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
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Trade tributes to Lynda Bellingham

Lynda Bellingham’s fiction publisher Simon & Schuster has paid tribute to her as a “vibrant” woman who leaves “a truly wonderful literary legacy”. The British actress died yesterday (19th October) aged 66, after a battle with colon cancer. She wrote the novel Tell Me Tomorrow for Simon... Continue reading at The Bookseller

[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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S&S to Go Agency With Amazon

As Hachette continues its stalemate with Amazon over ebook sales terms, Simon & Schuster has reached a new agreement with the e-tailer. Among other things, the new deal will allow S&S to set the prices on its ebooks, marking a return to the agency model. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
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HC signs celebrity biographies from Smith

HarperCollins has acquired two celebrity biographies by Sean Smith, in a deal with Gordon Wise of Curtis Brown. Smith has previously written unauthorised biographies of celebrities such as Cheryl Fernandez-Versini and Robbie Williams, both published by Simon & Schuster. HarperCollins has... Continue reading at The Bookseller

[ The Bookseller | 2014-10-18 00:00:00 UTC ]
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Licensing Hotline: October 16

Simon & Schuster has secured the rights to produce Ready to Read books in North America based on the preschool series 'Doozers,' licensed by the Jim Henson Company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-16 00:00:00 UTC ]
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When Politics Gets in the Way of Innovation

Xerox invented Laser printing and copying less than 50 years ago and as a result revolutionized the publishing industry. This innovation was so significant during its time that the outcome was that almost every Japanese electronics product manufacturer, the likes of Canon, Konica, Ricoh and... Continue reading at Wired

[ Wired | 2014-10-16 00:00:00 UTC ]
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Authors Guild Names New Executive Director

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[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
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Saga Press E-books To Be DRM-Free

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[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
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S&S Launches Books Category on Milq

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[ Publishers Weekly | 2014-10-07 00:00:00 UTC ]
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Americas Authors Guild presses US justice department to get aggressive with Amazon

The literary body, representing 9,000 authors, is calling on the US government to launch a competition investigation into Amazon, following the long-running dispute between the internet retailer and publisher HachetteAmericas Authors Guild has met with the US department of justice to call for an... Continue reading at The Guardian

[ The Guardian | 2014-10-03 00:00:00 UTC ]
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Howard Books Signs 'Shack' Author to New Deal

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[ Publishers Weekly | 2014-10-02 00:00:00 UTC ]
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PRH Completes Sales Group Buyout

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[ Publishers Weekly | 2014-09-30 00:00:00 UTC ]
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Random House Offers 2-Day Transit for the Holidays

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[ Publishers Weekly | 2014-09-30 00:00:00 UTC ]
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S&S Inks Deal to Make Digital Backlist Available in Scandinavia

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[ Publishers Weekly | 2014-09-30 00:00:00 UTC ]
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Downton Abbey as Metaphor for the Publishing Industry

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[ Publishing Perspectives | 2014-09-23 00:00:00 UTC ]
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