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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Europa sells Ferrante's Lying Life audio to PRH

Europa Editions has sold world English language audio rights to Elena Ferrante's latest novel to Penguin Random House Audio.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 09:15:04 UTC ]
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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 ]
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PRH WriteNow mentoring scheme returns

Penguin Random House UK's mentoring programme WriteNow will return, with workshops planned in England and, for the first time, Scotland, Wales and Northern Ireland.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-09 18:32:05 UTC ]
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Simon & Schuster pulls out of postponed Bologna Book Fair over coronavirus

Simon & Schuster has announced none of its employees in the UK or US will attend the rearranged Bologna Book Fair in May. Continue reading at The Bookseller

[ The Bookseller | 2020-03-06 15:58:36 UTC ]
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S&S to publish Reebok founder's 'remarkable' memoir

Simon & Schuster has snapped up Reebok founder Joe Foster’s memoir, aptly titled Shoemaker. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 04:41:37 UTC ]
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Simon & Schuster Is Up for Sale

The publisher of Stephen King, Judy Blume and Hillary Clinton doesn’t fit with the plans of its parent, ViacomCBS, which has placed a big bet on digital video. Continue reading at The New York Times

[ The New York Times | 2020-03-04 20:20:26 UTC ]
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Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster

Following the reunification of Viacom and CBS, Simon & Schuster's chief Carolyn Reidy tells the staff that its parent company will explore seelling The post Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 17:27:00 UTC ]
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Report: Simon & Schuster’s Date for John Bolton’s Book Is Now in May

The publication date moves to May for the controversial White House memoir of Donald Trump's former national security advisor John Bolton. The post Report: Simon & Schuster’s Date for John Bolton’s Book Is Now in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 15:00:09 UTC ]
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HarperCollins UK and S&S UK pull out of London Book Fair

HarperCollins UK and Simon & Schuster have joined the rest of the Big Five publishers in announcing they are not attending the London Book Fair following the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-03 22:29:32 UTC ]
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Coronavirus: Penguin Random House Pulls out of London Book Fair

The worldwide system of Penguin Random House, world's largest book publisher, has pulled out of London Book Fair amid the mounting COVID-19 outbreak. The post Coronavirus: Penguin Random House Pulls out of London Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-03 16:18:52 UTC ]
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PRH makes 'difficult decision' to withdraw from LBF

Penguin Random House has today withdrawn from the London Book Fair, following the move made by Hachette Livre earlier in the day.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-02 23:26:51 UTC ]
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LBF LATEST: Amazon withdraws as US teams at HarperCollins and Hachette exit fair

Amazon has pulled out of the London Book Fair, as the US businesses of HarperCollins and Hachette have joined Simon & Schuster, Macmillan and Penguin Random House in withdrawing a number of their rights staff from the London Book Fair amid the coronavirus outbreak, adding pressure on the... Continue reading at The Bookseller

[ The Bookseller | 2020-03-01 20:42:21 UTC ]
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S&S Cancels and COVID-19 Concerns Mount for London Book Fair

With Simon & Schuster's exit from London Book Fair, other publishers are watchful–concerned both for employee safety and for cost in case of a quarantine. The post S&S Cancels and COVID-19 Concerns Mount for London Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-28 18:07:02 UTC ]
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Simon & Schuster US pulls out of London Book Fair

Simon & Schuster’s US team will not be attending the London Book Fair this year over "health and safety" fears following the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-02-28 11:51:27 UTC ]
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New Ottolenghi cookbook slated for September with author tour

Penguin Random House is publishing a new cookbook by Yotam Ottolenghi in September, written alongside Ixta Belfrage: Ottolenghi Flavour.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-26 00:45:48 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Global revenues dip at S&S but UK business sees 'turning point'

Simon & Schuster’s global revenues for 2019 fell 1% to $814m, with a 7% decline in operating income, parent firm ViacomCBS has said. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 22:25:14 UTC ]
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Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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PRH Children's acquires 'achingly romantic' YA from Jennifer Niven

Penguin Random House Children's is publishing Breathless, a new "personal" and "achingly romantic" YA novel by Jennifer Niven, in paperback this autumn. Continue reading at The Bookseller

[ The Bookseller | 2020-02-19 14:05:27 UTC ]
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Bertelsmann and Penguin Random House: Climate Neutrality by 2030

Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines. The post Bertelsmann and Penguin Random House: Climate Neutrality by 2030 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-18 18:34:48 UTC ]
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