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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Blackburn leaves S&S for Bloomsbury

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[ The Bookseller | 2011-11-23 00:00:00 UTC ]
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Marathon title to Viking

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[ The Bookseller | 2011-11-17 00:00:00 UTC ]
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US Authors Guild attacks Amazon over Kindle Lending

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[ The Bookseller | 2011-11-15 00:00:00 UTC ]
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Random House of Canada Tests New Book Tour Model

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[ Publishers Weekly | 2011-11-11 00:00:00 UTC ]
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[ Folio Magazine | 2011-11-09 00:00:00 UTC ]
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Google E-Books comes to Canada

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[ The Bookseller | 2011-11-02 00:00:00 UTC ]
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Jobs biog sells 379,000 copies Stateside

Written By: Philip Stone Publication Date: Wed, 02/11/2011 - 14:00 Walter Isaacson's biography of Apple co-founder Steve Jobs sold 379,000 copies in the US in its first week on bookshop shelves, BookScan US data has revealed. The $35 publication, published by Simon & Schuster in the US,... Continue reading at The Bookseller

[ The Bookseller | 2011-11-02 00:00:00 UTC ]
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Jobs biography sells 379,000 Stateside

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[ The Bookseller | 2011-11-02 00:00:00 UTC ]
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Harvill Secker acquires Soderberg crime trilogy

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[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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S&S bags Lynda Bellingham in two-book fiction deal

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[ The Bookseller | 2011-10-28 00:00:00 UTC ]
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Anobii signs retail deals with publishers

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[ The Bookseller | 2011-10-26 00:00:00 UTC ]
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Cheetham to launch Head of Zeus next summer

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[ The Bookseller | 2011-10-21 00:00:00 UTC ]
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Authors to Get Sales Data From Three Big Publishers

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[ The New York Times | 2011-10-20 00:00:00 UTC ]
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Random orders 75,000 reprint after "joyous" Booker win

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[ The Bookseller | 2011-10-19 00:00:00 UTC ]
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Kate Manning moves from HC to Hot Key

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[ The Bookseller | 2011-10-17 00:00:00 UTC ]
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[ The Bookseller | 2011-10-13 00:00:00 UTC ]
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[ Folio Magazine | 2011-10-10 00:00:00 UTC ]
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Global woes unlikely to hit US business at Frankfurt

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[ The Bookseller | 2011-10-10 00:00:00 UTC ]
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[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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[ The Bookseller | 2011-10-05 00:00:00 UTC ]
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