Workers from Unite and NUJ fear move heralds industrial strife at company that publishes one in four books sold globallyPenguin Random House, the publisher of hits including The Girl on the Train, Fifty Shades of Grey and Jamie Oliver’s cookbooks, has terminated its collective agreement with unions after talks aimed at protecting staff redundancy terms broke down.The world’s biggest book publisher, formed in a £2.4bn mega-merger between the UK’s Penguin and German-owned Random House four years ago, informed staff it was ending its collective agreement with Unite and the National Union of Journalists on Friday. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2016-12-16 00:00:00 UTC ]
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Biden administration receives a clear victory, with the judge ruling the blockbuster merger would diminish competition in book publishing. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-11-01 00:51:06 UTC ]
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Justice department argued the melding of the publishing house with Simon & Schuster would harm competition and authors’ payA US judge has blocked the $2.2bn planned merger of Penguin Random House, the world’s largest book publisher, with rival Simon & Schuster.Judge Florence Pan of the... Continue reading at The Guardian
[ The Guardian | 2022-11-01 00:30:18 UTC ]
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In a brief two-page order issued late on October 31, Judge Florence Y. Pan blocked PRH's bid to buy S&S, saying the government had succeeded in showing that the proposed merger would harm "competition in the market for the U.S. publishing rights to anticipated top-selling books." Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]
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TikTok users can now link their favorite books from Penguin Random House within their videos following a partnership between the video creation platform and the publisher. Users in the U.K. and U.S. can click "Add Link" and select "Book" prior to posting their video, at which point any Penguin... Continue reading at AdWeek
[ AdWeek | 2022-09-20 19:30:00 UTC ]
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Women-operated and founded podcast network Lemonada Media is launching a book club in partnership with publishing company Penguin Random House. Starting September, the Lemonada Book Club will select recent or upcoming fiction and nonfiction book releases under PRH--aligned with topics related to... Continue reading at AdWeek
[ AdWeek | 2022-08-31 12:13:11 UTC ]
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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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In one of the biggest antitrust showdowns of President Biden’s tenure, the Justice Department is pulling out the big guns to stop a mega-publishing merger. The Justice Department’s ambitious bid to stop Penguin Random House from buying rival publisher Simon & Schuster has started taking on... Continue reading at Fast Company
[ Fast Company | 2022-07-25 16:10:21 UTC ]
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In the midst of a deluge of book bans across the country, Penguin Random House has erected billboards featuring quotes from books by LGBTQ authors in six cities—New York City, Chicago, Dallas, Orlando, Miami and Austin. Florida’s “Don’t Say Gay” law and Texas’ anti-trans youth healthcare bills... Continue reading at Literrary Hub
[ Literrary Hub | 2022-07-19 14:46:40 UTC ]
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Starting next April 1, Penguin Random House Publisher Services will take over distribution of the adult and children’s print books published by Disney Publishing Worldwide. Under the agreement, PRHPS will also take on distribution of Marvel Publishing’s collected editions and graphic novels to... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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As book-bannings sweep the United States, two campaigns from the industry demonstrate different styles and tones of response. The post Penguin Random House, Authors Guild on Book Bannings appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-05-06 00:17:19 UTC ]
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Penguin Random House and Simon & Schuster are putting up a fight against federal efforts to scuttle their merger, alleging the government is wrong. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-12-13 21:40:35 UTC ]
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The Biden administration has challenged the deal over concerns it would harm authors, but the publisher said that argument is a misunderstanding of how the book industry works. Continue reading at The New York Times
[ The New York Times | 2021-12-13 17:21:52 UTC ]
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Penguin Random House’s first report auditing the diversity of its contributors found that the demographics of its authors, illustrators, translators, and other creators “do not reflect U.S. reader demographics when it comes to race and ethnicity.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-18 05:00:00 UTC ]
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The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects a changing atmosphere in Washington toward consolidation. Continue reading at The New York Times
[ The New York Times | 2021-11-02 21:41:37 UTC ]
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The Department of Justice sues to block the acquisition of Simon and Schuster from Penguin Random House. Continue reading at Book Riot
[ Book Riot | 2021-11-02 16:56:25 UTC ]
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Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities. The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s... Continue reading at Fast Company
[ Fast Company | 2021-11-02 14:35:22 UTC ]
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The Department of Justice has sued to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that it "would result in substantial harm to authors." Lawyers for PRH said that they expect the case to go to trial sometime in 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
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Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-31 00:00:00 UTC ]
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The Penguin Random House US staff is told in a memo that vaccinations will be required in offices reopening in September. The post Penguin Random House USA Sets September 13 to Start Reopening Offices appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-13 15:41:49 UTC ]
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Some good news: today, Publishers Weekly reported that We Need Diverse Books is partnering with Penguin Random House on a series of programs to get more books by Black writers published. The Black Creatives Fund initiative involves a “Revisions Workshop”; a mentoring program; and marketing... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-17 18:23:38 UTC ]
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