Two-hundred and eighty-six workers are to go from Penguin Random House US' Kirkwood warehouse and distribution facility, starting at the end of January. The publisher has confirmed filing a notice with the New York Department of Labor to this effect. The reason for the closure given in the notice was “consolidation of operations." Continue reading at 'The Bookseller'
[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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Over the past two weeks, writers and publishing professionals have been riveted by coverage of the trial in which the U.S. Department of Justice is attempting to block Penguin Random House’s purchase of Big Five rival Simon & Schuster. As a member of the independent book publishing... Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-18 08:54:18 UTC ]
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In a day dominated by testimony from some of publishing's leading agents, the overall theme was that the biggest advance is not the only thing that is important in reaching an agreement with a publisher, and that these agents believe that S&S authors would benefit from becoming part of PRH. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-12 04:00:00 UTC ]
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As attorneys for Penguin Random House and Simon & Schuster took their turn to defend PRH's purchase of S&S, William Morris Endeavor's Jennifer Rudolph Walsh, Gallery publisher Jennifer Bergstrom, and Norton's John Glusman found themselves in the witness chair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
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HarperCollins CEO Brian Murray, testifying in the trial over whether the Penguin Random House-Simon & Schuster sale will go through, said he was “shocked” by the price PRH offered for S&S. Later in the day, the defense cross-examined the government's economic witness. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-10 04:00:00 UTC ]
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In roughly five hours of testimony on Thursday, Penguin Random House CEO Markus Dohle jousted with government lawyers over PRH's market share, his commitment to allow PRH and S&S editors to bid on the same books if the merger is completed, and other issues tied to what the impact of a... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-05 04:00:00 UTC ]
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A compilation of PW's coverage of the DOJ's bid to block Penguin Random House's acquisition of rival Big Five publisher Simon & Schuster. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-05 04:00:00 UTC ]
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Simon & Schuster Jonathan Karp was again the featured witness as PRH attorneys pressed their case that the merger of the two companies would be good for S&S's authors. Morrow's Liate Stehlik and Michael Jacobs of Abrams also took the witness stand. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
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Day two of the DOJ's trial to block PRH from acquiring S&S featured a little star power: bestselling author Stephen King. In terms of the case before the court, however, the highlight of the day was the testimony of S&S CEO Jonathan Karp. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-03 04:00:00 UTC ]
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The United States' Department of Justice is suing to block the Penguin Random House-Simon & Schuster merger deal struck in late 2020. The post The PRH-S&S Acquisition Case Goes to Court appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-08-01 13:55:05 UTC ]
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Attorneys for both parties filed a host of final briefs on July 22, including their individual pre-trial statements and briefs on a handful of lingering (but potentially significant) evidentiary question likely to be settled early this week. Oral arguments in the case are set to begin on August 1. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-24 04:00:00 UTC ]
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With oral arguments set to begin on August 1, the closely watched case holds major implications for a publishing industry grappling with consolidation and for government regulators facing growing calls for more vigilant antitrust enforcement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-22 04:00:00 UTC ]
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Last week, Callisto Media fired about 140 employees in an effort to reduce spending by about $20 million. As a result of the job cuts, title output has been reduced significantly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]
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Former First Lady and bestselling author Michelle Obama's next book, 'The Light We Carry: Overcoming in Uncertain Times,' will be released on November 15. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]
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The federal government’s civil suit to block the acquisition of Simon & Schuster by Penguin Random House is chugging along, with the trial set to begin on August 1. Exhibits to the joint pretrial motion, filed July 15, included lists of witnesses for both sides. Witnesses for both sides... Continue reading at Literrary Hub
[ Literrary Hub | 2022-07-20 16:13:34 UTC ]
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Outside Inc. told staff on Friday that it would be laying off around 15% of its 580-person workforce--between 85 to 90 people--as the bundled publisher continues its transition to a primarily digital company, the Denver Business Journal reported Friday. The media company, which is composed of 36... Continue reading at AdWeek
[ AdWeek | 2022-05-21 00:26:05 UTC ]
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Silvia Matute, president of Penguin Random House Grupo Editorial’s U.S. division, discusses the company’s growth and the Spanish-language book market in the U.S. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
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Prone to flooding, by the 1970s Brisbane’s South Bank was largely undeveloped open space. It is now home to Queensland’s major cultural institutions. Continue reading at The Conversation
[ The Conversation | 2022-03-02 05:39:40 UTC ]
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On February 17, Amazon implemented dramatic changes on ComiXology, prompting heavy backlash from the comic book community. Continue reading at Book Riot
[ Book Riot | 2022-02-25 11:30:00 UTC ]
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The programs first went into effect in March of 2020 in response to the Covid-19 crisis, and will have been in force for over two years by the time they expire if they are not extended further. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
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