Apparently Apple isn't the only company thinking the US Department of Justice's recently imposed remedies against it were "draconian." US publishers HarperCollins, Simon & Schuster, Penguin and others have also ganged up on the DOJ with a legal brief opposing the punitive restrictions. In it, they say the watchdog is "attempting to impose a specific business model on the publishing industry," despite assertions it wouldn't play that role. If you'll recall, Apple was recently found guilty of price-fixing following charges filed last year. Now, the Justice Department is trying to force Apple to end its current agreements with the publishers and let rival ebook retailers like Amazon link to their own online stores. Apple earlier condemned the decision, saying it was "wildly out of proportion to any... wrongdoing or potential harm." The publishers added that it effectively punishes them by prohibiting the so-called agency model, which lets them set their own prices for ebooks and other media. A similar affair was settled rather more amicably in Europe, meanwhile, when the same band of publishers agreed to allow other retailers to sell ebooks cheaper than Apple does, if they so choose. Evidently, they feel the DOJ overstepped its bounds in the US and seem intent to back Apple to the bitter end. Filed under: Apple Comments Source: AFP Continue reading at 'Engadget'
[ Engadget | 2013-08-08 00:00:00 UTC ]
The government’s case blocked the merger of two of the United States’ largest publishers and reflected a more aggressive approach to curbing consolidation. It was closely watched by the publishing industry. Continue reading at The New York Times
[ The New York Times | 2022-11-01 01:28:52 UTC ]
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[ The Guardian | 2022-11-01 00:30:18 UTC ]
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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 ]
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As houses across the industry start recalling staff to their offices, publishing professionals are pushing back against low pay, heavy workloads, and an increasingly stifled corporate environment. Continue reading at Publishers Weekly
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Every few months, I receive an email or phone call from someone who claims to work for a literary agency or publishing entity. In the lengthy messages variegated with bold-faced sentences, or voicemails in which the speaker mispronounces my maiden name, I’m promised six-figure book deals with... Continue reading at Literrary Hub
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Former Israeli prime minister Benjamin Netanyahu sells an autobiography to Simon & Schuster, Gallery Books takes a memoir by ESPN personality Stephen A. Smith, and more. Continue reading at Publishers Weekly
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Laura Z. Hobson’s “Gentleman’s Agreement” was so popular that Simon & Schuster could barely keep up with demand. Continue reading at The New York Times
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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
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A survey released by the Association of American Literary Agents has found that 87% of respondents oppose the acquisition of Simon & Schuster by Penguin Random House, citing, among their chief concerns, that the deal would result in “less competition” for titles and “lower advances.” Continue reading at Publishers Weekly
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The antitrust trial to block the merger of Penguin Random House and Simon & Schuster has riveted the industry—and raised larger questions about the business of books. Continue reading at New Yorker
[ New Yorker | 2022-08-16 16:22:22 UTC ]
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As the Department of Justice’s case against the proposed acquisition of Simon & Schuster by Penguin Random House entered its third week, the defense called PRH US CEO Madeline McIntosh, plus merger and acquisition executives from ViacomCBS and PRH, to the stand to discuss why approval of the... Continue reading at Publishers Weekly
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Madeline McIntosh argued that the publishing industry extends far beyond its biggest players, and that the government has focused on a tiny sliver of deals. Continue reading at The New York Times
[ The New York Times | 2022-08-15 22:30:20 UTC ]
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