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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Canada Calls for AI Input With Copyright Needs Still Unmet

Ottawa is working through an AI inquiry while Canada's publishing industry is 'still waiting for ministers to honor their commitment.' The post Canada Calls for AI Input With Copyright Needs Still Unmet appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-01-16 13:58:06 UTC ]
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Peregrine Mission 1 heralds the beginning of the moon’s commercialization

Hours before sunrise on Monday morning, United Launch Alliance’s brand spankin’ new Vulcan Centaur rocket is scheduled to make its maiden flight carrying a historic passenger: Peregrine, the first American lunar lander to be sent to the moon in over 50 years. And its mission could mark a turning... Continue reading at Engadget

[ Engadget | 2024-01-07 14:00:38 UTC ]
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This Week’s Bestsellers: January 1, 2024

Alice Oseman has the #1 book in the country with the graphic novel 'Heartstopper #5.' Plus 'The Boys in the Boat' lands in theaters—and on our trade paperback list—and several other titles get a holiday boost. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-02 05:00:00 UTC ]
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TechMagic Podcast: Murderbot Diaries and the Adobe-Figma Merger Failure

On this week's episode of TechMagic, host Cathy Hackl and guest host Lee Kebler discuss Hackl's finished manuscript for her fifth book written with a previous guest, Irena Cronin, called Spatial Computing: An AI-Driven Business Revolution. Kebler thinks spatial computing... Continue reading at AdWeek

[ AdWeek | 2023-12-20 20:22:23 UTC ]
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‘Impossible People’ and ‘Roaming’ Top PW’s 2023 Graphic Novel Critics Poll

New York City in the mid-aughts set the backdrop for stylistically unique graphic narratives on a common theme—women at a pivotal moment of early adulthood and the transformative nature of friendships—which tied for the top spot on our annual graphic novel critics poll this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-20 05:00:00 UTC ]
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Internet Archive Seeks Reversal in Book Scanning Suit

In a highly anticipated appeal brief, officials at the Internet Archive argued that district court judge John G. Koeltl misunderstood the facts and misapplied the law in finding that the IA’s scanning and lending of print library books infringed publishers’ copyrights. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-18 05:00:00 UTC ]
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Chris Bowen calls on News Corp to sack Andrew Bolt for column saying Australians sick of ‘kowtowing to the primitive’

Columnist lashes out after climate change minister makes speech during Cop28 declaring ‘profound respect’ for Indigenous people’s care for landFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastChris Bowen has called on... Continue reading at The Guardian

[ The Guardian | 2023-12-14 05:53:25 UTC ]
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Year End: Cambridge University Press Reports Record £1 Billion in Revenue

England's merged Cambridge University Press & and Assessment reports record revenues and numbers of users in 2022-2023. The post Year End: Cambridge University Press Reports Record £1 Billion in Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-12 20:15:01 UTC ]
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Joe Sacco’s acclaimed graphic novel about Gaza is being rushed back into print.

Palestine, Eisner Award-winning cartoonist Joe Sacco’s seminal nonfiction graphic novel about Gaza, which pioneered the medium of “comics journalism” upon its publication over twenty years ago, has been rushed back into print in response to surging demand. First published across nine issues by... Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-11 17:26:58 UTC ]
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AAP Calls Big Tech's AI Arguments 'Nonsense'

In comments submitted to the U.S. Copyright Office this week, the Association of American Publishers slammed assertions by the tech industry that fair use permits AI developers to use copyrighted works to train their systems without permission or compensation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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Most Parents Trust, Respect, and Feel Safe with Librarians: Book Censorship News, December 1, 2023

Despite rhetoric from the far right, most parents feel their kids are safe in libraries and that librarians are trustworthy. Continue reading at Book Riot

[ Book Riot | 2023-12-01 11:40:00 UTC ]
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The Week in Libraries: December 1, 2023

Among the week's headlines: Iowa becomes the next book banning legal battleground; a survey finds that parents still overwhelmingly trust libraries and library workers; and ALA announces Meg Medina as honorary chair of National Library Week 2024. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-01 05:00:00 UTC ]
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Canadian Publishing Calls Out Ottawa’s Inaction

Seeing no follow-through on the Canadian government's promise to review the Copyright Modernization Act, a coalition asks for a meeting. The post Canadian Publishing Calls Out Ottawa’s Inaction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-30 18:54:10 UTC ]
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8 New Graphic Novels and Comics Out in December 2023

From manga to superhero comics to graphic novels and more, here are 8 of the best new comics and graphic novels out December 2023! Continue reading at Book Riot

[ Book Riot | 2023-11-30 11:35:00 UTC ]
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Rockstar Games co-founder Dan Houser's next projects are a graphic novel and an audio drama

Absurd Ventures, the new creative studio from Rockstar Games co-founder and ex-creative director Dan Houser, has announced its first projects. As it happens, neither of them are video games, at least not yet. The first of these two new universes is called American Caper,... Continue reading at Engadget

[ Engadget | 2023-11-29 21:02:58 UTC ]
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Rockstar Games co-founder Dan Houser's next projects are a graphic novel and an audio drama

Absurd Ventures, the new creative studio from Rockstar Games co-founder and ex-creative director Dan Houser, has announced its first projects. As it happens, neither of them are video games, at least not yet. The first of these two new universes is called American Caper, which will debut as a... Continue reading at Engadget

[ Engadget | 2023-11-29 21:02:58 UTC ]
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Justice Legs: Why Do Our Heroines Look Like That?

A semi-serious discussion of the study "She's Got Legs: Longer Legs in Female Comic Book Characters Correspond to Global Preferences." Continue reading at Book Riot

[ Book Riot | 2023-11-28 11:31:00 UTC ]
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Arundhati Roy calls the siege of Gaza “a crime against humanity.”

In a video address to the Munich Literature Festival yesterday, the human rights activist and Booker Prize-winning author of The God of Small Things Arundhati Roy made a powerful speech in solidarity with the Gazan people, and with the millions around the world marching for a ceasefire. Roy—who... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-17 17:42:49 UTC ]
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IAC and News Corp call out generative AI companies for scraping their content without compensation

During News Corp’s and IAC’s latest earnings calls, the publishers reiterated their anger toward generative AI companies scraping their content without permission or payment — and what they think the next steps will be. Continue reading at Digiday

[ Digiday | 2023-11-17 05:01:00 UTC ]
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Fairfax's WaveDancer agrees to reverse merger with Toronto's Firefly Neuroscience

The Fairfax firm says it will divest its Rockville-based Tellenger subsidiary at the close of the deal. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-11-16 13:22:39 UTC ]
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