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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How did Suits become America’s most-watched TV show of the summer?

The 2010s legal drama has broken records since hitting US Netflix, shining light on viewing patterns in a fragmented television landscapeSince I work in the business of talking television, I am often asking people what they’re watching. And this summer, the predominant answer – usually in the... Continue reading at The Guardian

[ The Guardian | 2023-08-17 18:02:26 UTC ]
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8 Graphic Novels like NIMONA with Murder Teens and Queer Pining

Find even more graphic novels like your favorite webcomic turned graphic novel turned movie NIMON by Nate Stevenson. Continue reading at Book Riot

[ Book Riot | 2023-08-11 10:34:00 UTC ]
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Ready to Play: Graphic Novel Media Tie-Ins

Publishers take a collaborative, multiplatform approach in adapting video game IP into comics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-11 04:00:00 UTC ]
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It Takes All Kinds: Graphic Novel Media

Comics source storytelling inspiration from all manner of media—video game–based graphic novels are a growing trend, but there have also been recent adaptations from such unexpected originals as a suppressed WWII opera and a 1980s cult classic film. These media tie-ins promise a timely remix in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-11 04:00:00 UTC ]
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The Sales Numbers on Books by Supreme Court Justices

A recent New York Times article put a spotlight on the book deals made by sitting justices on the U.S. Supreme Court. But how have books written by Supreme Court justices sold? Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
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Journalist called News Corp ‘tabloid bottom feeders’ after it queried ABC’s Heston Russell stories, court hears

Defamation trial hears Mark Willacy criticised ‘Murdoch’s people’ in email to confidential source after Daily Telegraph questioned reports on ex-commandoFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe ABC... Continue reading at The Guardian

[ The Guardian | 2023-08-01 05:44:11 UTC ]
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Judge Finds Revived Amazon E-book Monopoly Suit Should Proceed

A magistrate judge in New York has once again recommended that a lawsuit accusing the Big Five publishers of colluding with Amazon to fix e-book prices should be dismissed. But in a twist, the court found that a monopolization claim against Amazon should proceed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-01 04:00:00 UTC ]
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CBLDF Calls for Collective Action

Jeff Trexler, interim director of the Comic Book Legal Defense Fund, told PW that the book bans happening across the country were a topic of much conversation at San Diego Comic-Con. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-28 04:00:00 UTC ]
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9 of the Best Manga Adaptations (and 1 that Should Never See the Light of Day)

We round up the very best manga adaptations to watch (along with one title that should never see the light of day). Check out our picks! Continue reading at Book Riot

[ Book Riot | 2023-07-26 10:33:00 UTC ]
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Equity Firm Eyeing Simon & Schuster to Sell RBmedia for $1 Billion

In what is likely a record price for an audiobook publisher, KKR, the private equity firm that owns RBmedia—and a rumored contender to buy S&S—is selling the company for an alleged $1 billion sum. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
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Booksellers, Industry Groups File Suit to Block Texas Book Rating Law

The 28-page complaint claims that the law—which is set to take effect in September—would impose sweeping, vague, and unconstitutional content-based restrictions and unduly burden booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-25 04:00:00 UTC ]
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Beaton, Liu, Takeda Win Graphic Novel Eisners

Kate Beaton won two prizes and DC Comics had eight winners as the comics and graphic novel industry held its annual Eisner Awards ceremony July 21 at the start of this year's San Diego Comic-Con. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-23 04:00:00 UTC ]
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Panel Mania: 'Xogenasys, Vol. 1'

Xogenasys is a pro fighting league in the gang-dominated New York of 2069. Darius Smith, a teenage fight fan and devastating street fighter himself, is determined to stay away from gang life. The gangs have other ideas. An eight-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-19 04:00:00 UTC ]
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Supreme Court Justice Sotomayor's staff prodded colleges and libraries to buy her books

For colleges and libraries seeking a big name for a guest lecturer, few come bigger than Sonia Sotomayor, the Supreme Court justice who rose from poverty in the Bronx to the nation’s highest court Continue reading at ABC News

[ ABC News | 2023-07-11 14:02:45 UTC ]
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YA author shoots to No 1 on Amazon bestseller list after viral TikTok video

TikToker Jerrad Swearenjin approached Shawn Warner during a book signing because he looked ‘super defeated’A debut author struggling with sales became Amazon’s No 1 bestseller this week after a video of the writer at a quiet book signing went viral on TikTok.58-year-old Shawn Warner was sitting... Continue reading at The Guardian

[ The Guardian | 2023-07-07 13:47:16 UTC ]
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Top 25 Overall Bestsellers: June 25–July 1, 2023

Here’s a peek at the top 25 books of the week. New titles include, at #1, yet another Colleen Hoover book—this one an updated edition of her self-published 2016 novel, 'Too Late.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-07 04:00:00 UTC ]
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Trump Lawyers Argue Copyright Suit Against Woodward, S&S Should Proceed

The former president's lawyers contend that he was speaking in his personal capacity, not as president of the United States, when he gave a series or recorded interviews later used in the 2022 audiobook 'The Trump Tapes.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-03 04:00:00 UTC ]
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8 Recently Published Political Graphic Nonfiction and Memoirs

These eight eye-opening graphic nonfiction and memoirs focus on politics and identity, and they're all published in the last few years, including The Black Panther Party: A Graphic Novel History. Continue reading at Book Riot

[ Book Riot | 2023-06-22 10:32:00 UTC ]
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‘Metal Gear Solid: Master Collection Vol. 1’ heads to consoles and PC on October 24th

Konami has finally shared a release date for Metal Gear Solid: Master Collection Vol. 1. In case you missed the publisher’s original announcement, Konami announced the compilation alongside Metal Gear Solid Delta: Snake Eater during Sony’s recent PlayStation Showcase. At the time, the company... Continue reading at Engadget

[ Engadget | 2023-06-21 17:00:09 UTC ]
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Get a call or a critique from a high-powered agent AND do good in the world.

Sound too good to be true? Well I have news for you, dear aspiring writer, you can get yourself a phone call or a manuscript critique from a fancy literary agent by bidding at this year’s Literary Agents of Change Auction.  The LAOC is an organization that believes that advancing the publishing... Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-15 17:12:39 UTC ]
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