Taking a Look at Mergers & Acquisitions

A panel during a recent Book Industry Guild of New York meeting about merger and acquisitions brought several takeaways, among them a lowering in purchase price for the typical trade publisher. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-02-25 00:00:00 UTC ]
News tagged with: #purchase price

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DOJ v PRH: Jonathan Karp and Stephen King Take the Stand

Day two of the DOJ's trial to block PRH from acquiring S&S featured a little star power: bestselling author Stephen King. In terms of the case before the court, however, the highlight of the day was the testimony of S&S CEO Jonathan Karp. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-03 04:00:00 UTC ]
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Stephen King set to testify for gov't in books merger trial

Bestselling author Stephen King has testified in a federal antitrust trial in Washington Continue reading at ABC News

[ ABC News | 2022-08-03 00:28:27 UTC ]
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Stephen King testified against publishing's biggest merger. What you need to know about the antitrust trial

Stephen King testified for the government today, arguing that writers will be harmed if Penguin Random House and Simon & Schuster merge. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-02 22:41:59 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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Opening Arguments, Pietsch Testimony on Day One of DOJ Trial to Block PRH/S&S Merger

After the government and PRH reiterated their positions in opening arguments, HBG CEO Michael Pietsch testified to a number of concerns he has if the PRH-S&S merger is approved and said he hoped his parent company would bid on S&S if the deal is blocked. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-02 04:00:00 UTC ]
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‘This must be stopped’: US begins court battle against publishing giants’ merger

The justice department is seeking to block the $2.2bn merger between Penguin Random House and Simon & SchusterThe government and publishing titan Penguin Random House exchanged opening salvos in a federal antitrust trial Monday as the US seeks to block the biggest US book publisher from... Continue reading at The Guardian

[ The Guardian | 2022-08-01 16:24:36 UTC ]
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The PRH-S&S Acquisition Case Goes to Court

The United States' Department of Justice is suing to block the Penguin Random House-Simon & Schuster merger deal struck in late 2020. The post The PRH-S&S Acquisition Case Goes to Court appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-08-01 13:55:05 UTC ]
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US begins court battle against publishing giants' merger

The U.S. government and publishing titan Penguin Random House are set to exchange opening salvos in a federal antitrust trial Continue reading at ABC News

[ ABC News | 2022-08-01 13:37:10 UTC ]
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DOJ Trial to Block PRH/S&S Merger Begins; Evidence Dispute Looms

The government’s bid to block Penguin Random House’s acquisition of rival Big Five publisher Simon & Schuster gets underway today, with opening arguments before judge Florence Pan in Washington, D.C. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-01 04:00:00 UTC ]
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Escaping Gravity Takes a Brutally Honest Look at NASA

Lori Garver's new memoir details her struggles to get NASA colleagues to embrace SpaceX and Blue Origin. Continue reading at Wired

[ Wired | 2022-07-29 16:00:00 UTC ]
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Showdown: DOJ’s Bid to Block PRH Acquisition of S&S Is Heading to Trial

With oral arguments set to begin on August 1, the closely watched case holds major implications for a publishing industry grappling with consolidation and for government regulators facing growing calls for more vigilant antitrust enforcement. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-22 04:00:00 UTC ]
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The Best Books to Take You Through Newfoundland

Michael Crummey, an award-winning author whose poetry and prose explore the region and its capital, St. John’s, shares book recommendations, local vocabulary and where to find a good pint. Continue reading at The New York Times

[ The New York Times | 2022-07-20 09:00:09 UTC ]
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As Digital Comics Surge, Comics Plus Takes Off in Schools and Libraries

The digital comics service has been reborn under "mission-driven" upstart LibraryPass. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
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Nielsen's new measurement solution takes shape with custom audiences and ROI options

Nielsen One Alpha, to be showcased at Cannes, will add outcomes measurement options for CPG and automotive by early 2023. Continue reading at Advertising Age

[ Advertising Age | 2022-06-15 13:00:00 UTC ]
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Why this book startup is taking a page from Glossier and Allbirds

Book publishing startup Parea is using the DTC playbook to connect new authors to communities who will engage with their work. Every year, publishers release thousands of new titles, but the vast majority don’t turn a profit. M0st authors spend years working on a book, only to see it languish,... Continue reading at Fast Company

[ Fast Company | 2022-06-14 09:00:06 UTC ]
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Sloane Crosley’s ‘Cult Classic’ takes aim at start-up culture

Sloane Crosley’s second novel is an unromantic comedy satirizing start-up culture, modern dating, city-dwelling aesthetes and other millennial woes. Continue reading at The Washington Post

[ The Washington Post | 2022-06-09 14:43:17 UTC ]
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Media Buying Briefing: Sustainability once again takes center stage across digital media

Some digital media buyers are focusing on reducing the impact on the environment of digital marketing, even though clients aren't yet asking for that rigor. The post Media Buying Briefing: Sustainability once again takes center stage across digital media appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2022-06-06 04:01:00 UTC ]
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Aspects of Amazon’s Plan to Take the Kindle Off the Chinese Market

'We remain committed to our customers in China," an Amazon spokesperson says, although Kindle sales will end June 30, 2023. The post Aspects of Amazon’s Plan to Take the Kindle Off the Chinese Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-06-02 19:53:43 UTC ]
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New novels take old favorites for a spin

"Elektra," "Darling Girl" and "How to Be Eaten" reimagine Greek myth, "Peter Pan" and various fairy tale characters. Continue reading at The Washington Post

[ The Washington Post | 2022-05-21 12:00:20 UTC ]
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Colleague feared Craig McLachlan could take his own life after articles alleging harassment, court hears

Rocky Horror Show actor tells defamation trial McLachlan looked ‘very frail’ and ‘in shock’ the day ABC and Fairfax reports were publishedGet our free news app; get our morning email briefingAn actor involved in the production of The Rocky Horror Show has told the New South Wales supreme court... Continue reading at The Guardian

[ The Guardian | 2022-05-17 06:54:30 UTC ]
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