Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & 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 in the book market.The private equity giant will buy Simon & Schuster for $1.62bn in cash, said Paramount Global, the parent company of the storied book publisher. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2023-08-07 21:05:30 UTC ]
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 ]
More news stories like this
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 ]
More news stories like this
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 ]
More news stories like this
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 ]
More news stories like this
The shortlists for the 2021 FutureBook Awards have been revealed, featuring the likes of BookBar, the Feminist Book Box, Bad Form Review and the Working Class Writers’ Festival as well as a strong showing for Penguin Random House across various categories. Continue reading at The Bookseller
[ The Bookseller | 2021-11-02 02:31:37 UTC ]
More news stories like this
Penguin Random House chief executive Markus Dohle is to be interviewed at FutureBook 21, The Bookseller's publishing conference, as part of an expansive programme of talks and panels that will take place on 19th November. Continue reading at The Bookseller
[ The Bookseller | 2021-10-12 10:46:52 UTC ]
More news stories like this
Penguin Random House Children’s has appointed David Sprei to the new role of commercial director for Penguin Ventures. Continue reading at The Bookseller
[ The Bookseller | 2021-10-11 17:43:56 UTC ]
More news stories like this
A major move for women in leadership in the English-language book publishing markets, Prior moves from Penguin Random House UK to helm Pan Macmillan in London. The post Joanna Prior Succeeds Anthony Forbes Watson as Pan Macmillan CEO appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-30 13:15:15 UTC ]
More news stories like this
Penguin Random House is offering enhanced two-day shipping for independent booksellers starting October 1 and running through March 1, 2022. The company is waiving the minimum-retail-value requirement for orders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-29 04:00:00 UTC ]
More news stories like this
Schemes provide mentors and funding to help aspiring writers on low incomes enter market dominated by white celebritiesA programme that aims to tackle the lack of diversity in children’s books has been launched after its founder said the practice of richer authors paying for support to get... Continue reading at The Guardian
[ The Guardian | 2021-09-26 06:15:04 UTC ]
More news stories like this
Nine publishers including Hachette, Penguin Random House Children's and Nosy Crow have launched a manifesto committing themselves to increased empathy-building strategies over the next three years. Continue reading at The Bookseller
[ The Bookseller | 2021-09-22 19:09:14 UTC ]
More news stories like this
Confidence-building titles are continuing to boom across the children’s market as TikTok drives YA, The Bookseller’s Children’s Conference has heard. Continue reading at The Bookseller
[ The Bookseller | 2021-09-22 10:13:53 UTC ]
More news stories like this
In a Zoom chat with agents, Penguin Random House CEO Markus Dohle said that, following the approval of PRH's purchase of Simon & Schuster, editors at the two houses will be able to bid for the same book—even if they are the only publishers interested in the title. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-21 04:00:00 UTC ]
More news stories like this
The children’s book market has increased by more than 11% this year, boosted by picture books, non-fiction and a remarkable 61% growth in YA sales. Continue reading at The Bookseller
[ The Bookseller | 2021-09-20 01:05:47 UTC ]
More news stories like this
Launched a year ago in a collaboration between Penguin Random House and The Runnymede Trust, Lit in Colour seeks to make the books taught in classrooms more representative of modern life in Britain Continue reading at The Bookseller
[ The Bookseller | 2021-09-17 18:08:18 UTC ]
More news stories like this
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 ]
More news stories like this
Penguin Random House US has paid tribute to 36-year-old vice-president Erika Seyfried, who died over the weekend. Continue reading at The Bookseller
[ The Bookseller | 2021-08-30 18:31:43 UTC ]
More news stories like this
Imprint’s Green Ideas series begins with 20 short books by writers from Rachel Carson to Greta Thunberg it believes are ‘the classics that made a movement’From Greta Thunberg to James Lovelock, publisher Penguin Classics has come up with a “new canon” of the environmental literature, which it... Continue reading at The Guardian
[ The Guardian | 2021-08-26 07:00:42 UTC ]
More news stories like this
Penguin Random House surprised booksellers yesterday with the announcement that Amanda Gorman's forthcoming volume 'Call Us What We Carry' would be double the anticipated length, and that the price will be raised by $5. PRH said it will “honor the original price for all customers who pre-ordered... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-26 04:00:00 UTC ]
More news stories like this
Penguin Random House will require staff to wear masks “at all times and in all areas, including inside offices” in the US, but the firm's UK employees will follow a different policy. Continue reading at The Bookseller
[ The Bookseller | 2021-08-25 05:32:23 UTC ]
More news stories like this