Simon & Schuster consolidates

Simon & Schuster just got a little smaller. The publishing division of CBS Corp., known for Bob Woodward bestsellers, Glenn Beck polemics and Stephen King novels, announced Tuesday that it was consolidating its imprints into four publishing groups. Most significantly, the Free Press, a 65-year-old publisher of serious non-fiction as well as blockbusters by Mehmet Oz and the prize winning novel The White Tiger, will now be part of the Simon & Schuster Publishing Group. Martha Levin, the imprint's publisher since 2001, and Dominick Anfuso, its editor-in-chief, will leave the company Nov. 2. Staff cuts overall will number in the single digits, according to an executive close to the company. In a letter addressed to "everyone at Simon & Schuster," CEO Carolyn Reidy wrote Tuesday that the new arrangement "will lead to a sharper editorial focus for our imprints even as it takes consideration of the natural affinities among them." A spokesman declined to comment on any other reasons for the reorganization, but insisted that cost-cutting was not a significant driver. He acknowledged that there will likely be fewer titles published. "The group presidents are being asked to consider what is the right number of titles to publish, and we do think that will ultimately result in some title count reduction in the groups," he said. Revenue at Simon & Schuster was flat in 2011. Rapid growth in digital book sales failed to make up for declining print sales, though profits... Continue reading at 'Crains New York'

[ Crains New York | 2012-10-24 00:00:00 UTC ]
News tagged with: #$189 million #$9 million #ebook pricing #jonathan karp #named president #judith curr #jodi picoult

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[ Publishing Perspectives | 2021-04-08 16:52:35 UTC ]
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Authors fear the worst if Penguin owner takes over Simon & Schuster

Analysis: if Bertelsmann, owner of Penguin Random House, buys US publisher, writers expect smaller deals and less choice for readersUK watchdog investigates Penguin owner’s Simon & Schuster takeoverJokes circulated online when, in 2013, Penguin and Random House merged: would the new... Continue reading at The Guardian

[ The Guardian | 2021-03-22 23:24:23 UTC ]
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UK watchdog investigates Penguin owner’s Simon & Schuster takeover

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[ The Guardian | 2021-03-22 09:00:30 UTC ]
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Karp outlines Simon & Schuster’s plans after succeeding Reidy as c.e.o.

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[ The Bookseller | 2021-02-11 15:06:22 UTC ]
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Authors Guild urges DOJ to stop Simon & Schuster and Penguin Random House merger

Several organizations sent a letter to the Department of Justice on Friday urging it to stop Penguin Random House from purchasing Simon & Schuster. Continue reading at Los Angeles Times

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Josh Hawley finds new publisher after Simon & Schuster cancels book

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[ The Guardian | 2021-01-18 16:02:10 UTC ]
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Simon & Schuster Cancels Senator Josh Hawley’s Contract

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[ Book Riot | 2021-01-08 17:28:53 UTC ]
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Simon & Schuster Cancels Plans for Senator Hawley’s Book

The publisher faced calls to drop the Missouri Republican’s upcoming book, “The Tyranny of Big Tech,” following criticism of his efforts to overturn the presidential election. Continue reading at The New York Times

[ The New York Times | 2021-01-07 23:20:50 UTC ]
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Penguin Random House to purchase Simon & Schuster in massive publishing deal

ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
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Penguin to buy Simon & Schuster, create publishing giant

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[ ABC News | 2020-11-25 20:24:15 UTC ]
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Penguin Random House to Buy Simon & Schuster

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[ The New York Times | 2020-11-25 17:08:27 UTC ]
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PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

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[ The Guardian | 2020-11-25 16:55:32 UTC ]
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Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion

Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four. The post Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-25 15:02:49 UTC ]
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Penguin Random House To Buy Simon & Schuster

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[ Book Riot | 2020-11-25 15:00:18 UTC ]
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Penguin Random House is buying Simon & Schuster. That’s bad for readers.

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[ The Washington Post | 2020-11-25 12:57:10 UTC ]
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PRH owner Bertelsmann to buy Simon & Schuster in $2.2bn deal

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[ The Bookseller | 2020-11-25 12:40:42 UTC ]
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[ Publishing Perspectives | 2020-11-17 19:13:31 UTC ]
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Rupert Murdoch’s News Corp Bids for Simon & Schuster

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[ The New York Times | 2020-11-17 08:28:15 UTC ]
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In New York, Simon & Schuster and HarperCollins Announce Diversity Roles

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[ Publishing Perspectives | 2020-09-15 23:40:06 UTC ]
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