Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market Continue reading at 'ABC News'

[ ABC News | 2023-08-08 02:22:18 UTC ]

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DOJ v. PRH: Agents, Publishers Move Center Stage

As attorneys for Penguin Random House and Simon & Schuster took their turn to defend PRH's purchase of S&S, William Morris Endeavor's Jennifer Rudolph Walsh, Gallery publisher Jennifer Bergstrom, and Norton's John Glusman found themselves in the witness chair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
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Snowman author Raymond Briggs dies aged 88

Beloved creator of Fungus the Bogeyman and Father Christmas brought a distinctive strain of melancholy to the genre• The Snowman, the Bogeyman and Father Christmas: the world of Raymond Briggs – in pictures• Raymond Briggs obituary• Share your tributes and memories of Snowman author Raymond... Continue reading at The Guardian

[ The Guardian | 2022-08-10 07:20:39 UTC ]
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From the Archive: June 8, 1992

David McCullough, the author of 12 bestselling books, died August 7 at age 89. PW caught up with McCullough in 1992 shortly after his sixth book, 'Truman,' was released by the only publisher he ever had, Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-10 04:00:00 UTC ]
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From the Archive: June 8, 1992

David McCullough, the author of 12 bestselling books, died August 7 at age 89. PW caught up with McCullough in 1992 shortly after his sixth book, 'Truman,' was released by the only publisher he ever had, Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-10 04:00:00 UTC ]
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David McCullough, Pulitzer-winning historian, dies aged 89

The author of biographies and other works and narrator of documentaries, McCullough was ‘the voice of American history’David McCullough, the Pulitzer prize-winning author whose lovingly crafted narratives on subjects ranging from New York’s Brooklyn Bridge to American presidents John Adams and... Continue reading at The Guardian

[ The Guardian | 2022-08-08 19:41:16 UTC ]
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Antitrust trial puts book publishing industry in the dock

The Justice Department’s legal effort to block the merger of book publishing giants Penguin Random House and Simon & Schuster is more than just a showcase for the Biden administration’s tougher approach to corporate consolidation Continue reading at ABC News

[ ABC News | 2022-08-06 14:26:56 UTC ]
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Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
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Stephen King testifies against $2B Penguin merger

The deal between Penguin and Simon & Schuster would weaken competition and lower author pay, he said Continue reading at Crains New York

[ Crains New York | 2022-08-02 19:08:55 UTC ]
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Stephen King, Andrew Solomon, and a bunch of agents are set to testify in the PRH antitrust trial.

The federal government’s civil suit to block the acquisition of Simon & Schuster by Penguin Random House is chugging along, with the trial set to begin on August 1. Exhibits to the joint pretrial motion, filed July 15, included lists of witnesses for both sides. Witnesses for both sides... Continue reading at Literrary Hub

[ Literrary Hub | 2022-07-20 16:13:34 UTC ]
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At Simon & Schuster, Jonathan Karp Announces Dana Canedy’s Departure

The publisher of the Simon & Schuster imprint, Dana Canedy, is leaving to write her memoir's sequel, which S&S is to publish in 2024. The post At Simon & Schuster, Jonathan Karp Announces Dana Canedy’s Departure appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-19 21:52:50 UTC ]
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Spain Reports Book Market Growth in 2021: Up 5.6 Percent

The Spanish book market is reporting revenues of €2.5 billion in 2021, a gain of 5.6 percent over 2020, and book sales of 174 million units. The post Spain Reports Book Market Growth in 2021: Up 5.6 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-19 19:16:27 UTC ]
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Dana Canedy to Step Down at Simon & Schuster

On July 27, exactly two years to the date since she took over S&S's flagship imprint, Dana Canedy will step down from her position as senior v-p and publisher. Her predecessor, S&S president and CEO Jonathan Karp, will lead the imprint "for the foreseeable future." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-19 04:00:00 UTC ]
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China’s Market Growth Rate This Year: Down 13.8 Percent

With COVID-19 outbreaks and tough lockdowns, China's January-to-June book market growth rate fell back, all sales channels impacted. The post China’s Market Growth Rate This Year: Down 13.8 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-14 20:38:28 UTC ]
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S&S Launches Banned Books Promotion for Bookstores

In response to growing book censorship, Simon & Schuster has launched a “Read banned books!” promotion that provides information on challenged titles, in-store displays, and social media materials. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-30 04:00:00 UTC ]
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Post Hill Press Starts New Imprint, Twin Flame

The imprint, which will publish nonfiction titles in the spirituality, relationships, and sexuality categories, is led by editorial director Elena Vega, who formerly worked as an editor for Macmillan and Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-02 04:00:00 UTC ]
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Bono to release memoir about ‘the people, places and possibilities’ of his life

Surrender, which will ‘draw in detail’ what he had previously only sketched in songs, will contain 40 chapters, each named after a U2 song, and include 40 original drawings by the singerThe first memoir by Bono will be released this year, publisher Penguin Random House has announced.While the U2... Continue reading at The Guardian

[ The Guardian | 2022-05-10 15:24:58 UTC ]
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Dolly Parton’s Imagination Library to give books to refugee children

Singer’s global initiative to offer a book each month to 200 refugee children in London until they turn fiveRefugee children in London will be given a book each month until they turn five, thanks to a new project from Dolly Parton’s Imagination Library.The global organisation is partnering with... Continue reading at The Guardian

[ The Guardian | 2022-05-09 15:54:47 UTC ]
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Unnnamed Press Prepares for Transition

The pending departure of Unnamed Press executive editor Olivia Taylor Smith for Simon & Schuster is just the latest development for the edgy Los Angeles independent press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-06 04:00:00 UTC ]
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PRH Sees Sales of Spanish-Language Books Surge

Silvia Matute, president of Penguin Random House Grupo Editorial’s U.S. division, discusses the company’s growth and the Spanish-language book market in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint

'Overall, the US book market is turning in a very strong performance by historic norms,' says NPD BookScan's Kristen McLean. The post United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-04-15 15:51:56 UTC ]
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