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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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 ]
More news stories like this | News stories tagged with: #penguin random house #simon schuster

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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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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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... Continue reading at Fast Company

[ Fast Company | 2021-11-02 14:35:22 UTC ]
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A Merger Between Penguin Random House and Simon & Schuster Was Blocked, but Brought the Industry Little Clarity

The uncertainty comes at a time when publishing is facing slumping sales after a pandemic boom, and fears of recession. Continue reading at The New York Times

[ The New York Times | 2022-11-01 22:14:42 UTC ]
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Court Blocks Merger of Penguin Random House and Simon & Schuster

A Federal Court has blocked Penguin Random House's acquisition of one of its main rivals, Simon & Schuster. Continue reading at Book Riot

[ Book Riot | 2022-11-01 16:06:02 UTC ]
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Penguin Random House’s Bid to Acquire Simon & Schuster Blocked by Judge

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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Judge blocks Penguin Random House takeover of Simon & Schuster

Biden administration receives a clear victory, with the judge ruling the blockbuster merger would diminish competition in book publishing. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-11-01 00:51:06 UTC ]
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Penguin Random House, Authors Sue to Block Iowa Anti-LGBTQ Book Banning Law

Penguin Random House and the Iowa State Education Association, along with four bestselling authors and five plaintiffs from the state of Iowa, have sued the state to block key provisions of its sweeping new law banning books with sexual or LGBTQ+ content in schools. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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Penguin Random House-Simon & Schuster Deal Collapses, Breaking Pattern in Publishing

The deal to acquire Simon & Schuster would have made the buyer, Penguin Random House, even larger, and reduced the number of big publishers in the U.S. to four. Continue reading at The New York Times

[ The New York Times | 2022-11-21 22:50:04 UTC ]
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Paramount pulls offer to sell Simon & Schuster to Penguin Random House

After a judge blocked the sale of Simon & Schuster to Penguin Random House, S&S parent company Paramount pulls its sale offer and declines to appeal. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-11-21 22:50:02 UTC ]
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The Merger of Penguin Random House and Simon & Schuster Is Dead in the Water

S&S has decided not to extend the deal's deadline, which prevents PRH from appealing the court's decision to block the merger. Continue reading at Book Riot

[ Book Riot | 2022-11-21 14:58:02 UTC ]
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Simon & Schuster and Penguin Random House Deal on the Verge of Collapse

Penguin Random House’s agreement to buy Simon & Schuster is set to fall through. Simon & Schuster’s parent company decided not to extend it after a judge blocked the purchase. Continue reading at The New York Times

[ The New York Times | 2022-11-21 02:56:51 UTC ]
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Penguin Random House’s C.E.O. Defends Bid to Buy Simon & Schuster

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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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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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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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 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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