PRH Buys Spain's Ediciones B for Rumored €40 Million

Penguin Random House has agreed to buy major Barcelona-based publisher Ediciones B for a rumored €40 million, further consolidating its power in Spanish-language markets. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
News tagged with: #spanish-language markets

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Elizabeth Strout has ‘millions of stories to tell’

In "Lucy by the Sea," Lucy Barton returns, this time riding out the pandemic’s early wave with her ex-husband in Maine. Continue reading at The Washington Post

[ The Washington Post | 2022-09-22 15:00:00 UTC ]
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Rowman & Littlefield Buys Tilbury House's Adult Titles

Rowman & Littlefield has acquired the adult division of Maine's Tilbury House Publishers in a deal that adds 70 regional titles to R&L's list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #adult titles #rowman littlefield #adult division


Florence Pan, Judge in DOJ v. PRH Case, Confirmed to U.S. Court of Appeals in D.C.

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 ]
More news stories like this | News stories tagged with: #florence pan #proposed merger #simon schuster #columbia circuit #penguin random house


In Post-Trial Briefs, DOJ Says PRH Deal for S&S Must Be Blocked

DOJ attorneys say the proposed acquisition is “precisely the march toward concentration and monopsony power that Congress enacted the Clayton Act to prevent.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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In Post-Trial Briefs, PRH Attorneys Say DOJ Failed to Prove Its Case Against S&S Merger

In a highly anticipated post-trial filing PRH attorneys reiterate their claim that the government manufactured a fatally flawed case to block the nearly $2.2 billion merger—and then failed to prove it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #post-trial briefs #ss merger


Scholastic Buys Learning Ovations

Scholastic has acquired Learning Ovations, the creator of A2i (Assessment to Instruction)—a literacy screening, progress monitoring and assessment, and instructional planning system for classrooms and community organizations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-06 04:00:00 UTC ]
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Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fell #sales declined #bertelsmann #penguin random house


Spain’s 2022 Desperate Literature Prize Goes to Jay Gao

The fifth iteration of the Madrid-based Desperate Literature Prize for Short Fiction sends its winner to an Umbrian retreat. The post Spain’s 2022 Desperate Literature Prize Goes to Jay Gao appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-08-23 20:51:55 UTC ]
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DOJ v. PRH: "Ending Where We Started"

The opposing parties in the Department of Justice’s lawsuit aiming to block Penguin Random House’s purchase of Simon & Schuster offered very different views of what a merger of the two would mean for authors and the industry in Friday’s closing arguments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-22 04:00:00 UTC ]
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Daunt Addresses Furor over Middle Grade Fiction Buying Policy

B&N has implemented a new ordering policy for middle grade fiction hardcovers that has caused widespread confusion and concern in that publishing sector, but CEO James Daunt said the change is being made in all categories to "buy less" in order to "sell more." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-22 04:00:00 UTC ]
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DOJ v. PRH: Challenges over Bid Competition, Market Share

As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #market share #data analysis #publishers face


The PRH Trial Has Revealed a Barely Hidden Scorn for Independent Publishers

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 ]
More news stories like this | News stories tagged with: #independent publishers #publishing professionals #book publishing


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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DOJ v PRH: Agents Have Their Say

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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DOJ v. PRH: Agents, Publishers Move Center Stage

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


DOJ v PRH: Brian Murray Still Wants S&S at HarperCollins

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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Axios to Sell Itself to Cox Enterprises for $525 Million

The digital media company’s founders, Jim VandeHei, Mike Allen and Roy Schwartz, will continue to run the company. Continue reading at The New York Times

[ The New York Times | 2022-08-08 14:16:30 UTC ]
More news stories like this | News stories tagged with: #roy schwartz #digital media


DOJ v. PRH: Markus Dohle's Silicon Valley of Media

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 ]
More news stories like this | News stories tagged with: #prh-ss merger #markus dohle #silicon valley #market share #penguin random house


DOJ v. PRH: All Our Coverage

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 ]
More news stories like this | News stories tagged with: #rival big


DOJ v PRH: Karp's Second Day of Testimony

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 ]
More news stories like this | News stories tagged with: #liate stehlik #michael jacobs #witness stand