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 ]

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Retired PRH Fulfillment Exec Phyllis Mandel Dies at 75

Phyllis Mandel, retired senior v-p of fulfillment at Bantam, BDD, and Penguin Random House distribution facilities, died on May 20 in Cape Cod—the day after her 75th birthday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-24 04:00:00 UTC ]
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Indian authors speak out over plan to reissue Narendra Modi exam book

Pankaj Mishra and Arundhati Roy attack Penguin Random House India for putting out book by a prime minister they say has mishandled Covid and persecuted writersLeading Indian authors Pankaj Mishra and Arundhati Roy have spoken out against Penguin Random House India’s decision to publish and... Continue reading at The Guardian

[ The Guardian | 2021-05-20 12:53:37 UTC ]
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S&S Gets Solid Start to 2021

Sales and profits rose in the first quarter of 2021 over the comparable period in 2020 at Simon & Schuster, led by double-digit gains in its international and audio divisions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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Meghan, Duchess of Sussex writes debut children's book for PRH

Meghan, Duchess of Sussex has written a children's book for Penguin Random House called The Bench, about the “special bond between father and son as seen through a mother’s eyes”.  Continue reading at The Bookseller

[ The Bookseller | 2021-05-04 02:52:11 UTC ]
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PRH to Be 'Remote-Friendly' Company

Penguin Random House US CEO Madeline McIntosh said the publisher hopes to begin bringing more people back to physical offices in September, but stressed that the company's guiding principle on the future of work is to be a "remote-friendly company." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-28 04:00:00 UTC ]
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Thousands of supporters join staff at Mike Pence’s publisher in campaign against book deal

Petition signed by more than 200 Simon & Schuster employees delivered to publishing house also calls for end to deals with members of Trump administrationMore than 200 members of staff at Simon & Schuster have signed a petition calling for the publishing house to cancel its seven-figure... Continue reading at The Guardian

[ The Guardian | 2021-04-27 13:55:17 UTC ]
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In Canada, publishing is burning

Canada’s government has said almost nothing about whether or not it is going to move against the Canadian portion of Penguin Random House’s acquisition of Simon & Schuster. The global deal is being investigated by regulators in the UK and US. Continue reading at The Bookseller

[ The Bookseller | 2021-04-23 20:08:07 UTC ]
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Parker to Retire, Childs Promoted in 'Major' Restructuring of PRH Library Team

Penguin Random House senior v-p Skip Dye said the move to unify the publisher's library sales and library marketing groups will foster "even more mutually advantageous and enjoyable relationships with our libraries and librarians nationwide." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-22 04:00:00 UTC ]
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Mike Pence’s publisher refuses to cancel memoir after staff protest

Simon & Schuster president Jonathan Karp says seven-figure book deal will go ahead, after open letter from employees accuses publisher of being ‘on the wrong side of justice’Simon & Schuster has said it will not pull out of a seven-figure book deal with Mike Pence after some of its... Continue reading at The Guardian

[ The Guardian | 2021-04-21 12:05:44 UTC ]
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PRH expands traineeship scheme for talent from under-represented groups

Penguin Random House has opened applications for The Scheme 2021, its traineeship to find talent from under-represented groups in publishing, and extended it into sales and publicity alongside editorial. Continue reading at The Bookseller

[ The Bookseller | 2021-04-19 21:12:47 UTC ]
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PRH US realigns international sales and marketing teams

Penguin Random House US has restructured its international sales team with a string of promotions and two departures.  Continue reading at The Bookseller

[ The Bookseller | 2021-04-17 08:55:38 UTC ]
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Book by Officer Who Shot Breonna Taylor Is a New Test for Publishers

Sgt. Jonathan Mattingly, one of the officers involved in the fatal shooting, has a book deal with a small press, but its distributor, Simon & Schuster, in an unusual move, said it won’t ship it. Continue reading at The New York Times

[ The New York Times | 2021-04-16 22:14:05 UTC ]
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S&S Will Not Distribute Breonna Taylor's Shooter's Book

Simon & Schuster will not distribute a book by Sgt. Jonathan Mattingly, one of two Louisville, Ky., police officers that shot six bullets that killed Breonna Taylor. The book's publisher, Post Hill Press, is a distribution client of S&S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-16 04:00:00 UTC ]
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Doubleday Expands into Wellness and Self-Help

The Doubleday division of Penguin Random House is expanding its nonfiction list to include wellness and self-help titles. The first titles are expected to be published in 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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ALA to Biden Administration: Don't Overlook Libraries in Infrastructure Plan

ALA President Julius C. Jefferson Jr. said that not including libraries in the administration’s plan would be a “missed opportunity” and urged librarians to contact the White House. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
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PRH Worldwide Revenue Hit $4.4 Billion in 2020

Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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PRH Starts Extended Payment Plan for Indie Bookstores

Penguin Random House will allow independent bookstores in the United States to take an additional month to pay their invoices to the publisher, the company announced on Wednesday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-24 04:00:00 UTC ]
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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... Continue reading at The Guardian

[ The Guardian | 2021-03-22 23:24:23 UTC ]
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