News Corp CEO Sees Antitrust Concerns in PRH Buy of S&S

Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue." Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]

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In Praise of the Worker-Owned Company (OR: What to Do About Simon and Schuster)

Well, Simon & Schuster is not going to be sold, for now. A federal judge ruled in October that Penguin Random House couldn’t buy the publisher, and since then, Simon & Schuster’s parent company has decided against mounting an appeal. That said, the future of America’s third-largest... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-29 09:53:56 UTC ]
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I’m a HarperCollins author. Here’s why (and how) I won’t cross the virtual picket line.

In days of yore—that is, my childhood in the paper-mill town of Mexico, Maine—a labor strike looked like an ugly affair. Picketing men in steel-toed boots screamed themselves hoarse at every shift change, their righteous anger rising into a sky thick with the sulfurous clouds of... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-23 16:38:06 UTC ]
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What Happens When Publishing Houses Merge?

In November 2020, Penguin Random House expressed interest to buy competitor Simon & Schuster. What are the impacts of mergers such as this? Continue reading at Book Riot

[ Book Riot | 2022-11-23 11:33:00 UTC ]
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What’s Next for Simon & Schuster?

Paramount is likely to seek a new home for the publisher after it terminated the sales agreement with Penguin Random House. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-23 05:00:00 UTC ]
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Religion Pubs Reunite at ‘Rather Huge’ Annual Meeting

The annual meeting between the American Academy of Religion (AAR) and the Society of Biblical Literature (SBL) attracted 7,291 attendees to Denver, Colo. Nov. 19 to 22 in what some publishers are calling a return to normal post-Covid. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-22 05:00:00 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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Paramount scraps $2.2bn sale of Simon & Schuster publishing to Penguin

Penguin owner Bertelsmann will not appeal US judge’s ruling that merger would be illegal because it would hit authors’ payPenguin Random House, the world’s largest book publisher, and rival Simon & Schuster have scrapped a $2.2bn deal to merge, Penguin’s owner said in a statement on... Continue reading at The Guardian

[ The Guardian | 2022-11-21 22:41:38 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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PRH, S&S Deal Likely Dead

With the purchase agreement between Paramount and Penguin Random House set to expire, reports from multiple media sources say that Simon & Schuster's parent company will let the deadline lapse, thereby killing the deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-21 05:00:00 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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We Partied With Padma Lakshmi, Union Supporter, at the National Book Awards

The National Books Awards returned in full force on November 16, 2022 for a night of in-person glitz after two years of virtual ceremonies. In front of white tents where the literati gathered for photos on the red carpet, publishing workers with the HarperCollins Union, standing in the cold,... Continue reading at Electric Literature

[ Electric Literature | 2022-11-18 12:06:00 UTC ]
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How To Support the HarperCollins Union During Their Strike

The HarperCollins Union's demands are for better pay, diversity initiatives, and more security for unionized workers. Continue reading at Book Riot

[ Book Riot | 2022-11-17 17:29:17 UTC ]
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TikTok to sell books directly to users via marketplace

To further capitalise on the popularity of BookTok the social media giant will let users purchase titles through partnerships with publishers and retailersTikTok has proved to be a hugely successful way to promote books in recent years, with publishers attributing the popularity of books such as... Continue reading at The Guardian

[ The Guardian | 2022-11-17 16:49:24 UTC ]
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Bernie Sanders to publish book outlining vision for ‘political revolution’

It’s OK to Be Angry About Capitalism, out next year, will argue the world needs to ‘recognise that economic rights are human rights’Former presidential hopeful Bernie Sanders is to publish a book outlining “a vision of what would be possible if the political revolution took place”.It’s OK to Be... Continue reading at The Guardian

[ The Guardian | 2022-11-17 14:00:36 UTC ]
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PW Star Watch Finalist Ruoxi Chen Named 'Superstar' Winner

In a star-studded night that celebrated more than 40 publishing professionals, Tordotcom Publishing editor Ruoxi Chen walked away with the top prize and used her moment to call attention to the HarperCollins union strike. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-16 05:00:00 UTC ]
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England’s Usborne and HarperCollins Announce American Distribution Deal

The new arrangment for Usborne's children's books sees HarperCollins taking over trade back-office functions by February 1. The post England’s Usborne and HarperCollins Announce American Distribution Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-14 21:10:20 UTC ]
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These famous authors are expressing solidarity with the striking HarperCollins workers.

As you may have seen on Book Twitter today, the unionized workers of HarperCollins are striking to secure a fair contract, livable wages, and a more equitable publishing industry. Some 250 employees—across the editorial, publicity, sales, marketing, legal and design departments—agreed to go on... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-10 19:23:57 UTC ]
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HarperCollins union workers go on strike over pay ‘for as long as it takes’

Workers at the only ‘big four’ publisher to have a union authorize indefinite strike over low wages and diversityStephanie Guerdan started working in the children’s book department of HarperCollins Publishers six years ago. It was a dream job – just not a dream paycheck. The $33,500-a-year... Continue reading at The Guardian

[ The Guardian | 2022-11-10 18:03:45 UTC ]
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As Worker Strike Looms, HarperCollins Financials Decline

A representative for unionized employees called negotiations with the publisher 'disheartening,' and said that there are no bargaining sessions planned after latest proposal rejection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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In Written Opinion, Judge Florence Pan Delivers Knockout Blow to PRH, S&S Merger

On November 7, Judge Florence Pan released her memorandum opinion blocking Penguin Random House from acquiring rival Big Five publisher Simon & Schuster. In the final analysis, after a year of legal wrangling and a three week trial, it wasn’t a close case for her at all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-08 05:00:00 UTC ]
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