Court Blocks Penguin Random House, S&S Merger

In a brief two-page order issued late on October 31, Judge Florence Y. Pan blocked PRH's bid to buy S&S, saying the government had succeeded in showing that the proposed merger would harm "competition in the market for the U.S. publishing rights to anticipated top-selling books." Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]

Other news stories related to: "Court Blocks Penguin Random House, S&S Merger"


Ex-Sports Illustrated CEO sues 5-hour Energy founder

Metro Detroit billionaire businessman Manoj Bhargava faces a lawsuit tied to his ongoing takeover bid of the former publisher of Sports Illustrated magazine.The lawsuit, filed last week in California in a Los Angeles County court, is brought by Ross Levinsohn, a veteran media executive and the... Continue reading at Crains New York

[ Crains New York | 2024-03-28 20:07:35 UTC ]
More news stories like this


In Written Opinion, Judge Florence Pan Delivers Knockout Blow to PRH, S&S Merger

On November 7, Judge Florence Pan released her memorandum opinion blocking Penguin Random House from acquiring rival Big Five publisher Simon & Schuster. In the final analysis, after a year of legal wrangling and a three week trial, it wasn’t a close case for her at all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-08 05:00:00 UTC ]
More news stories like this


US judge blocks $2.2bn Penguin Random House merger

Justice department argued the melding of the publishing house with Simon & Schuster would harm competition and authors’ payA US judge has blocked the $2.2bn planned merger of Penguin Random House, the world’s largest book publisher, with rival Simon & Schuster.Judge Florence Pan of the... Continue reading at The Guardian

[ The Guardian | 2022-11-01 00:30:18 UTC ]
More news stories like this


Court Blocks Penguin Random House, S&S Merger

In a brief two-page order issued late on October 31, Judge Florence Y. Pan blocked PRH's bid to buy S&S, saying the government had succeeded in showing that the proposed merger would harm "competition in the market for the U.S. publishing rights to anticipated top-selling books." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]
More news stories like this


Florence Pan, Judge in DOJ v. PRH Case, Confirmed to U.S. Court of Appeals in D.C.

The United States Senate voted on Tuesday to elevate the judge overseeing the lawsuit that will decide the fate of the proposed merger of Penguin Random House with Simon & Schuster to the influential U.S. Court of Appeals for the District of Columbia Circuit, filling the seat that belonged... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
More news stories like this


In Post-Trial Briefs, PRH Attorneys Say DOJ Failed to Prove Its Case Against S&S Merger

In a highly anticipated post-trial filing PRH attorneys reiterate their claim that the government manufactured a fatally flawed case to block the nearly $2.2 billion merger—and then failed to prove it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
More news stories like this


Op-Ed: How an antitrust trial could reshape the books we read — and who writes them

The proposed merger of Penguin Random House and Simon & Schuster could lead to fewer voices — including marginalized voices — being published. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-18 10:09:48 UTC ]
More news stories like this


DOJ v PRH: Don Weisberg, Government's Economist See Danger in PRH-S&S Merger

As the government's case against Penguin Random House's acquisition of Simon & Schuster winds down, Macmillan CEO Don Weisberg and government economist Nicholas Hill laid out reasons why they are concerned about the impact of the proposed merger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
More news stories like this


DOJ sues to block Penguin Random House from merging with Simon & Schuster

Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities. The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s... Continue reading at Fast Company

[ Fast Company | 2021-11-02 14:35:22 UTC ]
More news stories like this


Cengage/McGraw-Hill merger delayed again, following UK competition decision

The UK Competition & Markets Authority (CMA) has announced that it will move on to a Phase Two investigation of the proposed merger between Cengage and McGraw-Hill, after concluding in its first probe that the move could result in higher-priced university textbooks. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 16:41:27 UTC ]
More news stories like this


UK competition authority raises concerns over Cengage/McGraw-Hill merger

After an initial phase of investigation, the UK’s Competition & Markets Authority has decided that the loss of competition brought about by the proposed merger between Cengage and McGraw-Hill could raise the price of university textbooks. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 21:53:42 UTC ]
More news stories like this


US student groups oppose McGraw-Hill/Cengage merger

Over 40 student organisations in the US have urged the US Department of Justice to block the proposed merger of publishers Cengage and McGraw-Hill. Continue reading at The Bookseller

[ The Bookseller | 2019-07-30 03:41:22 UTC ]
More news stories like this


The Next Step is sheepish deal for Sweet Cherry

Sweet Cherry has bought the publishing rights to a trio of licences: Aardman Studios’ Shaun the Sheep, nostalgia brand Rainbow, and CBBC reality TV-style show "The Next Step", which centres around a dancing studio. Continue reading at The Bookseller

[ The Bookseller | 2019-04-03 00:00:00 UTC ]
More news stories like this


Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian

[ The Guardian | 2019-02-25 00:00:00 UTC ]
More news stories like this


Bungie will self-publish 'Destiny' in split with Activision

Bungie is about to take greater control of Destiny's... well, destiny. The studio has reached a deal with Activision that will hand over the publishing rights to the shared-world shooter franchise. According to the company, it's "ready" to publish on... Continue reading at Engadget

[ Engadget | 2019-01-11 00:00:00 UTC ]
More news stories like this


Care Bears publishing rights to Hachette Children's

Hachette Children’s Group has bought the publishing rights to the Care Bears brand. Continue reading at The Bookseller

[ The Bookseller | 2017-01-07 00:00:00 UTC ]
More news stories like this


OverDrive’s Potash Again Questions W3C, IDPF Merger

OverDrive CEO Steve Potash continues to raise concerns that under the proposed merger of the W3C and the IDPF, the book industry will lose influence over the continued development of the ePUB ebook file standard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
More news stories like this


Knopf Nabs New Paulo Coelho Novel

Knopf has acquired the U.S. publishing rights to 'The Spy,' a new novel by Paulo Coelho. The book, by the bestselling author of 'The Alchemist,' is set for a November 22 release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-16 00:00:00 UTC ]
More news stories like this


‘Starting To Hit the Wall’: A Conference Focuses on Publishing Rights

'Things are not going to stop changing,' Ingenta's Randy Petway told Monday's Rights Conference audience. And that means new urgency around effective rights management. The post ‘Starting To Hit the Wall’: A Conference Focuses on Publishing Rights appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-14 00:00:00 UTC ]
More news stories like this


McCartney bid to Get Back Beatles songs

Paul McCartney files legal papers in the US, as part of an attempt to reclaim the publishing rights to The Beatles' back catalogue. Continue reading at BBC News

[ BBC News | 2016-03-21 00:00:00 UTC ]
More news stories like this