Quad/Graphics, LSC Call Off $1.4B Merger After Justice Dept. Suit

A month after pledging to "vigorously defend" its proposed $1.4 billion acquisition of rival publication printer LSC Communications in the face of a Justice Department lawsuit challenging the deal, Quad/Graphics announced on Tuesday that the two companies have agreed to end the fight. The proposed merger—which was first announced last October and approved by both companies' shareholders in February—faced opposition from groups like the Authors Guild and free speech advocate PEN America, who argued that combining "the two sole competitors in the long-run magazine and book printing markets" would create a dangerous monopoly that could further beleaguer print magazine and book publishers. In separate statements, both Quad/Graphics and LSC reaffirmed their disagreement with the Justice Department's assessment of the deal, but reasoned that the benefits of the merger would be outweighed by the delays and legal costs associated with fighting the DOJ lawsuit. As the blog Dead Tree Edition noted, a federal judge denied a request from the two printers for an expedited trial last week, meaning that even if it were ultimately approved, the proposed merger likely wouldn't come into effect until sometime next year. "In the United States, Quad and LSC’s printing and distribution resources vastly exceed those of other competitors and the two serve as the only realistic options for many publishers and retailers that rely on these firms’ resources and experience to ensure that... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-07-23 16:26:38 UTC ]
News tagged with: #timely manner #popular magazines #meredith corp #immediately respond #hearst #authors guild

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Lesser-known villains of the opioid crisis: ‘Dealers dressed in suits’

Washington Post reporters Scott Higham and Sari Horwitz focus on the "Big Three" distributors that saturated the country with pain pills. Continue reading at The Washington Post

[ The Washington Post | 2022-07-22 12:00:22 UTC ]
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Panel Mania: The Last Session Vol 1: Roll For Initiative by Jasmine Walls and Dozerdraws

'The Last Session' is the story of a delightfully diverse group of close high school friends and RPG gamers as they confront the significance of friendships as they also prepare to finish a longrunning Dice & Deathtraps gaming campaign. An 11-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-20 04:00:00 UTC ]
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When Books Become Brands, Graphic Design Is Key

In the first of a planned series of webinars focusing on branding as a metaphor for modern times, the American Institute of Graphic Arts hosted a conversation aimed at illuminating how books have become recognizable brands. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-12 04:00:00 UTC ]
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Frankfurter Buchmesse and the Börsenverein Join Calls to Protect Ragıp Zarakolu and Other Exiles

Germany's Börsenverein and Frankfurter Buchmesse 'condemn Erdogan's swap deal,' calling on Sweden and Finland 'to stand their ground.' The post Frankfurter Buchmesse and the Börsenverein Join Calls to Protect Ragıp Zarakolu and Other Exiles appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-07 18:59:15 UTC ]
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Tuttle Provides Showcase for Filipino Graphic Novels and Prose

Tuttle Publishing, which has been bringing English-language editions of Asian books to an international audience since 1948, is set to release a total of seven books by Filipino authors between now and October 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-06 04:00:00 UTC ]
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From the Archive: July 1, 1993

In July 1933, we reported on Bennett Cerf’s fight to publish Ulysses in the U.S.—11 years after it was released in France. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-01 04:00:00 UTC ]
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Revisiting Justice Stephen Breyer’s Curious (and Strangely Timed) Defense of the Court

In a book published last year, Breyer depicted the Supreme Court as an apolitical institution that sticks to its guiding principles. Continue reading at The New York Times

[ The New York Times | 2022-06-29 21:40:47 UTC ]
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The 2022 Yoto Carnegie Greenaway Winners Include a First Graphic Novel

The graphic novel of Jason Reynolds' 'Long Way Down' with illustrations by Danica Novgorodoff, is honored by the Carnegie Greenaway Awards. The post The 2022 Yoto Carnegie Greenaway Winners Include a First Graphic Novel appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-06-20 20:26:52 UTC ]
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Liberation is having a space to call your own. L.A.'s Reparations Club proves it

For founder and owner Jazzi McGilbert, the concept bookshop and creative space is a physical offering for Black people in L.A. to be themselves. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-06-17 19:58:19 UTC ]
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Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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Abu Dhabi International Book Fair’s Final Exhibitor Tally: 1,130 Publishers

Exhibiting publishers from more than 80 nations participated in an Abu Dhabi International Book Fair that staged more than 650 events. The post Abu Dhabi International Book Fair’s Final Exhibitor Tally: 1,130 Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-06-06 21:38:24 UTC ]
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From the Archive: June 1, 1940

On June 1, 1940, our correspondent in London reported on the challenges British publishers faced in the early days of World War II. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-03 04:00:00 UTC ]
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Seven Seas Calls for Union Election

Seven Seas Entertainment has alerted the National Labor Relations Board that it has chosen to hold an election among its employees to decide whether the staff will unionize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-31 04:00:00 UTC ]
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Colin Kaepernick Releasing YA Graphic Memoir

Colin Kaepernick is releasing a YA graphic memoir that will be based on his high school years and the tough decisions he made for his future. Continue reading at Book Riot

[ Book Riot | 2022-05-19 23:11:33 UTC ]
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Buzz Books: Graphic Novels (YA)

In this panel—scheduled for May 24, 4–5 p.m. ET, and moderated by comics journalist Bridid Alverson—Joris Bas Backer, Branden Boyer-White and Shannon Watters, Mickey George, and Roye Okupe discuss their latest books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-16 04:00:00 UTC ]
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Book Buzz: Graphic Novels (Middle Grade)

In this panel—scheduled for May 26, 2–3 p.m. ET, and moderated by Heidi MacDonald, editor-in-chief of the comics news site The Beat—Tom Angleberger, Mark Leiknes, and Jonathan Schnapp discuss their latest books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-16 04:00:00 UTC ]
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A former nurse calls out the lack of compassion in health care

Delays and indifference made her battle with cancer even more stressful, Theresa Brown writes. Continue reading at The Washington Post

[ The Washington Post | 2022-05-13 12:00:23 UTC ]
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From the Archive: May 1, 1909

More than a century ago, with a new copyright code set to go into effect on July 1, 1909, The Publishers Weekly devoted nearly four pages to describing the intricacies of the updated plan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-06 04:00:00 UTC ]
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Abu Dhabi International Book Fair 2022: 1,000+ Publishers

Now in its fourth decade, the Abu Dhabi International Book Fair in 2019 saw 1,065 exhibitors sell 119,633 books to 149,000 visitors. The post Abu Dhabi International Book Fair 2022: 1,000+ Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-05-02 04:12:39 UTC ]
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How a Debut Graphic Memoir Became the Most Banned Book in the Country

Maia Kobabe’s book “Gender Queer,” about coming out as nonbinary, landed the author at the center of a battle over which books belong in schools, and who gets to make that decision. Continue reading at The New York Times

[ The New York Times | 2022-05-01 23:54:03 UTC ]
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