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 Monday.Bertelsmann, a German media group which owns Penguin, initially said it would appeal a US judge’s decision that said its purchase of Simon & Schuster would be illegal because it would hit authors’ pay. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-11-21 22:41:38 UTC ]

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Simon & Schuster is Up for Sale Again

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Bertelsmann subsidiary to end, sell dozens of magazines

German media group RTL Deutschland says it will stop publishing almost two dozen print magazines and seek to sell a similar number Continue reading at ABC News

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The Pandemic Still Made Its Presence Felt in Publishing in 2022

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PW 2022 Notable: Florence Pan

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Filmmaker says Canada's largest book publisher released memoir depicting her sexual assault as consensual

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Penguin Random House CEO Markus Dohle Steps Down

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Lit Hub Daily: November 29, 2022

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[ 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

[ The Guardian | 2022-11-21 22:41:38 UTC ]
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