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 first big antitrust challenges, and it alleges Penguin’s acquisition would give it too much control over what books are published in America and how much authors get paid.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2021-11-02 14:35:22 UTC ]
News tagged with: #penguin random house #publisher penguin #alleges penguin #biden administration #proposed merger #tuesday filed #justice department #bit baffled #tech analysts #simon schuster #doj sues

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Justice Department Sues to Block Penguin Random House Acquisition of Simon & Schuster

The Department of Justice sues to block the acquisition of Simon and Schuster from Penguin Random House. Continue reading at Book Riot

[ Book Riot | 2021-11-02 16:56:25 UTC ]
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Penguin Random House, Simon & Schuster file withering response to DOJ antitrust suit

Penguin Random House and Simon & Schuster are putting up a fight against federal efforts to scuttle their merger, alleging the government is wrong. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-12-13 21:40:35 UTC ]
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Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal

The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects a changing atmosphere in Washington toward consolidation. Continue reading at The New York Times

[ The New York Times | 2021-11-02 21:41:37 UTC ]
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Authors Guild urges DOJ to stop Simon & Schuster and Penguin Random House merger

Several organizations sent a letter to the Department of Justice on Friday urging it to stop Penguin Random House from purchasing Simon & Schuster. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-01-29 22:12:00 UTC ]
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Penguin Random House Defends Effort to Buy Simon & Schuster

The Biden administration has challenged the deal over concerns it would harm authors, but the publisher said that argument is a misunderstanding of how the book industry works. Continue reading at The New York Times

[ The New York Times | 2021-12-13 17:21:52 UTC ]
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Justice Department Sues to Block Penguin Random House Acquisition of S&S

The Department of Justice has sued to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that it "would result in substantial harm to authors." Lawyers for PRH said that they expect the case to go to trial sometime in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
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Penguin Random House to purchase Simon & Schuster in massive publishing deal

ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
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Penguin Random House to Buy Simon & Schuster

ViacomCBS agreed to sell the 96-year-old company in a deal that potentially creates a megapublisher. Continue reading at The New York Times

[ The New York Times | 2020-11-25 17:08:27 UTC ]
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Penguin Random House To Buy Simon & Schuster

Penguin Random House acquires Simon and Schuster, creating the largest megapublisher in the United States. Continue reading at Book Riot

[ Book Riot | 2020-11-25 15:00:18 UTC ]
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Penguin Random House is buying Simon & Schuster. That’s bad for readers.

For book lovers, the announcement may feel like background noise, but the ramifications are huge. Continue reading at The Washington Post

[ The Washington Post | 2020-11-25 12:57:10 UTC ]
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Penguin Random House Schuster: a new promised land

Can Penguin Random House swallow Simon & Schuster while remaining good citizens? Continue reading at The Bookseller

[ The Bookseller | 2020-11-27 00:32:40 UTC ]
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Books News: Penguin Random House Merges Two of its Successful Publishing Lines

Gina Centrello, president and publisher of Random House, will oversee the merged publishing lines of Random House and the Crown Publishing Group. Continue reading at The New York Times

[ The New York Times | 2018-10-19 00:00:00 UTC ]
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Penguin Random House Canada Merges Distribution

As a part of the merger, Penguin Canada's books will migrate south to be distributed from Penguin Random House of Canada's facilities in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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Penguin Random House Canada Merges Sales Forces

There were both casualties and promotions as Penguin Random House Canada unveiled its restructured sales force. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-15 00:00:00 UTC ]
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DoJ clears Penguin Random House merger in the US

The Penguin Random House merger has been given antitrust clearance by the US  Department of... Continue reading at The Bookseller

[ The Bookseller | 2013-02-14 00:00:00 UTC ]
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Penguin Random House Canada: Adrienne Tang to Build In-House Rights Business

Adrienne Tang, longtime rights director with Kids Can Press, moves to Penguin Random House Canada to create 'an entirely new in-house rights operation,' says CEO Kristen Cochrane. The post Penguin Random House Canada: Adrienne Tang to Build In-House Rights Business appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-23 16:11:39 UTC ]
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Penguin Random House Merger: UK Reactions (And Melville House’s)

At The Bookseller, publishing insiders in the UK gave their advice to the upcoming management of the soon to be merged Penguin/Random House. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-27 00:00:00 UTC ]
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Penguin Random House, Authors Guild on Book Bannings

As book-bannings sweep the United States, two campaigns from the industry demonstrate different styles and tones of response. The post Penguin Random House, Authors Guild on Book Bannings appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-05-06 00:17:19 UTC ]
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Penguin Random House Authors and Creators Skew Heavily White

Penguin Random House’s first report auditing the diversity of its contributors found that the demographics of its authors, illustrators, translators, and other creators “do not reflect U.S. reader demographics when it comes to race and ethnicity.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-18 05:00:00 UTC ]
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