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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Book Riot’s SFF Deals for November 1, 2021

The best science fiction and fantasy book deals of the day, curated by Book Riot Continue reading at Book Riot

[ Book Riot | 2021-11-01 12:49:56 UTC ]
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PW Picks: Books of the Week, November 1, 2021

The books we love coming out this week include new titles by Melodie Winawer, Keith Ryan Cartwright, and Jeremy Dauber. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-29 04:00:00 UTC ]
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YouTube admits deleting Novara Media the ‘wrong call’

The independent publisher was reinstated on YouTube following a backlash, but questions remain. Continue reading at Media Week

[ Media Week | 2021-10-26 15:58:53 UTC ]
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When the U.S. needed secret help in Iraq, who did it call? Poland, of course.

How the two nations’ intelligence services, once adversaries, turned into strong allies. Continue reading at The Washington Post

[ The Washington Post | 2021-10-20 12:00:00 UTC ]
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V.E. Schwab’s New Graphic Novel Returns to her Villains Series

PW talks with acclaimed fantasy author V.E. Schwab about her new graphic novel 'ExtraOrdinary,' and returning to her epic Villains prose series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
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Bestselling Author Calls Out 'Senator For Sale' Joe Manchin In Damning Video

Don Winslow ripped the conservative West Virginia Democrat for conflicts of interest amid a Senate stalemate over Joe Biden's social policy agenda. Continue reading at The Huffington Post

[ The Huffington Post | 2021-10-19 08:03:21 UTC ]
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After a criminal justice nightmare, he’s fighting the ‘broken’ system

Jarrett Adams recounts his grueling path from a wrongful conviction to a law career. Continue reading at The Washington Post

[ The Washington Post | 2021-10-08 12:00:00 UTC ]
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Evaristo and Faulks among writers calling for translator cover credits

Bestselling authors including Bernardine Evaristo, Sebastian Faulks and Preti Taneja have called on writers to ask their publishers for translator names to appear on book covers. Continue reading at The Bookseller

[ The Bookseller | 2021-09-30 06:26:35 UTC ]
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Frankfurter Buchmesse Welcomes 1,500 Exhibitors from 74 Nations

Frankfurter Buchmesse: Programming highlights and registration details, as trade visitors prepare to travel–physically and digitally. The post Frankfurter Buchmesse Welcomes 1,500 Exhibitors from 74 Nations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-09-29 12:31:58 UTC ]
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Goldman Sachs, Ozy Media and a $40 Million Conference Call Gone Wrong

The digital media company has raised eyebrows for its claims about its audience size for years. Then came the strange voice on the phone. Continue reading at The New York Times

[ The New York Times | 2021-09-27 02:20:46 UTC ]
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NASA's AR graphic novel is meant to recruit a new wave of astronauts

NASA clearly needs more astronauts if programs like Artemis are to be successful, and it thinks it has a clever sales pitch: a tech-savvy comic. The space agency has released an augmented reality graphic novel, First Woman, that tells the tale of the fictional Callie Rodriguez as she becomes... Continue reading at Engadget

[ Engadget | 2021-09-25 20:49:55 UTC ]
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Word Up! Three Picture Books and a Graphic Novel Celebrate the Power and Joy of Language

“Thao,” “Otto: A Palindrama,” “My Monster Moofy” and “The Wordy Book” explore myriad worlds within words. Continue reading at The New York Times

[ The New York Times | 2021-09-24 17:09:23 UTC ]
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A graphic anthology honors icons from Beyoncé to Serena as the DC heroine turns 80

Beyoncé, Ruth Bader Ginsburg, Malala and more are profiled in DC's "Wonderful Women of the World," a 200-page anthology honoring Wonder Woman's 80th birthday. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-09-24 13:00:59 UTC ]
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In-Person National Book Awards Called Off

The National Book Foundation will not hold its planned limited in-person National Book Awards ceremony on November 17, opting once more for a virtual ceremony as new variants of the coronavirus continue to spread. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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Morpurgo, Jackson and Lucas among £1 World Book Day titles

Michael Morpurgo, Sharna Jackson and Matt Lucas are among the authors on the list of World Book Day's £1 books for 2022.  Continue reading at The Bookseller

[ The Bookseller | 2021-09-23 02:12:21 UTC ]
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Justice Breyer’s rosy view of an apolitical Supreme Court

His book laments the court’s declining legitimacy but denies that partisanship is to blame. Continue reading at The Washington Post

[ The Washington Post | 2021-09-17 12:00:00 UTC ]
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Publishers, Amazon Move to Dismiss Booksellers’ Antitrust Suit

In separate motions this week, lawyers for both Amazon and the Big Five publishers asked a federal court to dismiss the latest iteration of a potential class-action price-fixing claim filed on behalf of indie booksellers involving print trade books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-09 04:00:00 UTC ]
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Quiz: Which Kids’ SFF graphic Novel Should You Read Next?

Choose from early readers, middle grade, or young adult age categories to find your next kids' science fiction and fantasy graphic novel. Continue reading at Book Riot

[ Book Riot | 2021-09-07 11:45:00 UTC ]
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An App Called Libby and the Surprisingly Big Business of Library E-Books

Increasingly, books are something that libraries do not own but borrow from the corporations that do. Continue reading at New Yorker

[ New Yorker | 2021-09-02 10:00:00 UTC ]
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People with disabilities appear in 1% of TV ads

Although they represent 26 percent of the U.S. population, portrayals lag despite progress in product development and entertainment, Nielsen finds. Continue reading at Advertising Age

[ Advertising Age | 2021-08-19 18:10:40 UTC ]
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