E-book firms need to make changes to settle probe

(Bloomberg) - News Corp.'s HarperCollins and four other publishers probed by European Union need to address regulatory concerns before they can settle the antitrust case, the European Union's competition commissioner said. Joaquin Almunia, the antitrust chief, told reporters Monday that a settlement was only possible if the publishers were “ready to remove” the cause of European Union objections regarding sales restrictions. No talks on a settlement are currently taking place, he said. The European Commission last year opened an investigation into Apple Inc.'s deals with ebook publishers HarperCollins, Lagardere SCA's Hachette Livre, CBS Corp.'s Simon & Schuster Inc., Pearson Plc's Penguin and Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan division that may restrict sales. The U.S. Justice Department is discussing a possible settlement with some companies involved in its probe of Apple and publishers over ebooks prices, according to a person familiar with the matter last week. The investigation is important to regulators “because the ebooks market is growing very fast and we have an interest to avoid collusive practices,” Mr. Almunia said. Continue reading at 'Crains New York'

[ Crains New York | 2012-03-12 00:00:00 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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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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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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Sarah Crichton Named Editor-in-Chief at Holt

Amy Einhorn, president and publisher of Henry Holt, has named Sarah Crichton v-p and editor-in-chief of the Macmillan division. She will start April 6. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-19 05:00:00 UTC ]
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Remembering Alice Mayhew

On a bookshelf alongside the dining-room table, I maintain a narcissistic shrine consisting of first-edition copies of my eight books. Four of them were published by Alice Mayhew, the legendary editor at Simon & Schuster who died earlier this week at the well-disguised age of 87. And those... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-06 00:28:27 UTC ]
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Remembering Alice Mayhew, Legendary Editor

On a bookshelf alongside the dining-room table, I maintain a narcissistic shrine consisting of first-edition copies of my eight books. Four of them were published by Alice Mayhew, the legendary editor at Simon & Schuster who died earlier this week at the well-disguised age of 87. And those... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-06 00:28:27 UTC ]
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Actual cancel culture: White House threatens John Bolton about impending book.

Because they have nothing to hide about anything, the White House has issued some kind of threat—according to CNN’s Jake Tapper—in a formal letter to former National Security Adviser John Bolton, whose forthcoming memoir from Simon & Schuster contains first-hand accounts of Donald Trump... Continue reading at Literrary Hub

[ Literrary Hub | 2020-01-29 17:43:05 UTC ]
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Publishing Stocks Fell in 2019

After beginning 2019 with 10 companies, the Publishers Weekly Stock Index was down to only eight members at the close of the year, losing Barnes & Noble and Simon & Schuster. The remaining companies saw their combined stock price decline by 9%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-03 05:00:00 UTC ]
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Susan Orlean: ‘We Expect Librarians to Be Everything to Everybody’

This week on The Maris Review, Susan Orlean joins Maris Kreizman to discuss her latest book, The Library Book, now available in paperback from Simon & Schuster. On how fire has shaped California: Maris Kreizman: A chilling thing that I realized when we first talked about the book is that you... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-19 09:48:21 UTC ]
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S&S sees revenues slide by 9% to $217m

Worldwide revenues at Simon & Schuster have dipped by 9% to $217m for the third quarter of 2019, from $240m for the same period last year, parent firm CBS has revealed. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 05:24:03 UTC ]
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S&S Squeezes Out a Q3 Profit Despite Sales Decline

Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
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US Justice Department Gives Hachette ‘A Warning’ About Its Anonymous Author

The Justice Department has written to Hachette about 'A Warning,' asserting that its anonymous author may be in violation of nondisclosure agreements. The post US Justice Department Gives Hachette ‘A Warning’ About Its Anonymous Author appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-04 19:33:48 UTC ]
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Val Kilmer is releasing a memoir (!!!)

Stop whatever it is you’re doing and pay attention to me because I have, just this morning, stumbled upon some joyous, and potentially game-changing, literary news: Val Kilmer is releasing a memoir. Yes, friends, according to Publishers Weekly, Simon & Schuster will publish I’m Your... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-25 16:13:04 UTC ]
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To Sell More Books, S&S Hits the Road

The S&S Selects PrePub Tour sends authors of books due out next season from Simon & Schuster’s five adult imprints across the country to schmooze with literary tastemakers around the country. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-18 04:00:00 UTC ]
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Prosser Succeeds Goldstein at S&S

Simon & Schuster has promoted Julia Prosser to v-p and director of publicity of the S&S imprint. Prosser succeeds Cary Goldstein, who is leaving the publisher to become head of curation at media start-up WaitWhat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-30 04:00:00 UTC ]
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DOJ Files Suit to Seize Proceeds from Snowden Memoir

The U.S. Justice Department this week filed suit against former NSA contractor and whistleblower Edward Snowden and his publisher, Macmillan, looking to seize Snowden's proceeds from his new memoir, arguing that the manuscript violates nondisclosure agreements Snowden signed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-18 04:00:00 UTC ]
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Meredith Corp. Makes Digital-Side Promotions | People on the Move

Meredith Corp. announced several promotions within its Digital Content Group this week:  [caption id="attachment_170397" align="alignright" width="150"] Jessica Plautz[/caption] Jessica Plautz was promoted to the director of content operations, succeeding Ron Kelly, who departed the company in... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-29 18:50:41 UTC ]
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Simon & Schuster lands Brearley '#MeToo reckoning for mothers'

Simon & Schuster has landed “the #MeToo reckoning for mothers” by writer and activist Joeli Brearley about new mums being pushed out of their jobs. Continue reading at The Bookseller

[ The Bookseller | 2019-08-28 20:40:58 UTC ]
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