Just when Microsoft's buyout of Activision seemed to finally be near complete, the Federal Trade Commission said it will revive its attempt to block the $69 billion deal in an adjudicative process. The FTC plans to restart its in-house trial against Microsoft’s multibillion-dollar acquisition of the Call of Duty maker. This effort by the FTC is unlikely to be anything more than a nuisance for Microsoft. It already received EU approval over the summer when the European Commission endorsed the deal as long as the tech giant could ensure “full compliance with commitments.” And more recently, the UK's Competition and Markets Authority issued a preliminary approval of the merger. Activision Blizzard CEO Bobby Kotick called it “a significant milestone for the merger” in a statement and said he remains optimistic that the deal will complete soon. The CMA's consultation on Microsoft's proposed changes is expected to be complete by October 6, just days ahead of the October 18 deadline for the CMA’s review process. Normally, the FTC typically drops its challenges to deals when efforts are lost in federal court and despite the agency’s effort, this move will not delay the deal from going through. The likely worst-case scenario for Microsoft would be divestiture. Being forced to sell Activision or parts of it after the fact would not be ideal, but at least short term there seems to be little chance of the FTC derailing things. The agency’s failed attempt to... Continue reading at 'Engadget'
[ Engadget | 2023-09-28 16:28:44 UTC ]
News tagged with:
#tech giant
#significant milestone
#days ahead
#review process
#federal court
#worst-case scenario
#short term
#lulu
As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#market share
#data analysis
#publishers face
Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
More news stories like this |
Six groups will be chosen to read a shortlisted book, with the most ‘original and engaging’ readers to be invited to the prize ceremony Book clubs across the UK are being invited to take part in the inaugural Booker prize book club challenge, with seats at the prize ceremony dinner up for... Continue reading at The Guardian
[ The Guardian | 2022-07-12 12:21:35 UTC ]
More news stories like this | News stories tagged with:
#shortlisted book
#book clubs
#judging panel
#literary critic
#john harrison
#book club
Ahead of the São Paulo International Book Fair, publishers explore key market hurdles for the Portuguese-language world. The post São Paulo’s Professional Days: Language Challenges appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-29 22:24:17 UTC ]
More news stories like this |
Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#7% increase
#operating income
An industry roundtable, held at the Multipli Forti literary festival in New York on June 6, addressed how independent publishers can get works of translated literature to readers in an era marked by media saturation and increased dominance by major companies over the book business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-09 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#independent publishers
#translated literature
#book business
#literary festival
Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#$1 billion
#physical stores
#operating profit
#bookstore chain
Growth in audiobook revenue by genre was led in 2021 by romance, self-help, and science-fiction per the Audio Publishers Association. The post Audio Publishers Association: US Audiobook Revenues Reach $1.6 Billion in 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-07 15:41:05 UTC ]
More news stories like this | News stories tagged with:
#audiobook
‘The Nine Billion Names of God’ is a short story by the British-born science fiction author Arthur C. Clarke (1917-2008). It was first published in the 1953 anthology Star Science Fiction Stories #1, before being collected in Clarke’s The Other Side of the Sky. A short tale about religion,... Continue reading at Interesting Literature
[ Interesting Literature | 2022-05-16 14:00:02 UTC ]
More news stories like this | News stories tagged with:
#short story
#anthology
#science fiction
Panelist on Ingram's recent webinar said that global supply chain challenges will persist until 2023 and, with consumer behavior changing, predicting demand—and, accordingly, supply—for a book will remain difficult. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#recent webinar
Iranian American author Azar Nafisi explores fiction as a means of engaging with the world, rather than retreating from it in “Read Dangerously.” Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2022-04-27 19:45:22 UTC ]
More news stories like this | News stories tagged with:
#read dangerously
#american author
These are the 10 books the American Library Association reports as being the most banned or challenged titles of 2021. Continue reading at Book Riot
[ Book Riot | 2022-04-05 14:07:04 UTC ]
More news stories like this | News stories tagged with:
#challenged books
#challenged titles
#library association
729 formal book challenges were reported to the American Library Association in 2021, which is likely only 10% of total challenges. Continue reading at Book Riot
[ Book Riot | 2022-04-04 17:35:10 UTC ]
More news stories like this | News stories tagged with:
#library association
ALA kicked off National Library Week with the release of its annual State of America's Libraries report, and its "Top 10 Most Challenged Books" list. The 729 challenges tracked by ALA in 2021 represent the highest number of attempted book bans since ALA began compiling its list 20 years ago,... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-04 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#challenged books
#annual state
#libraries report
#highest number
#libraries
A consortium of private equity firms is buying video and TV ratings firm Nielsen in an all-cash $16 billion deal. The group is led by Evergreen Coast Capital Corp. and Brookfield Business Partners. Nielsen's board of directors voted unanimously to support the acquisition proposal after rejecting... Continue reading at AdWeek
[ AdWeek | 2022-03-29 13:52:12 UTC ]
More news stories like this | News stories tagged with:
#$16 billion
#acquisition offer
#nielsen
Nielsen Holdings has rejected an acquisition offer of roughly $15 billion from a private equity consortium, explaining that the deal "significantly undervalues" the measurement company. On Sunday night, Nielsen said its board of directors had determined not to proceed with an "unsolicited... Continue reading at AdWeek
[ AdWeek | 2022-03-21 01:43:07 UTC ]
More news stories like this | News stories tagged with:
#nielsen holdings
#acquisition offer
#measurement company
#sunday night
#nielsen
Elliott Management may think the market is undervaluing Nielsen One, whose chief just left for Meta. Continue reading at Advertising Age
[ Advertising Age | 2022-03-15 13:42:32 UTC ]
More news stories like this | News stories tagged with:
#elliott management
#nielsen
Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#quarter revenue
The lives of queer Arab-Australian boys and men are vividly inhabited in award-winning poet Omar Sakr’s darkly comic debut novel, set in Western Sydney. Continue reading at The Conversation
[ The Conversation | 2022-02-28 19:12:38 UTC ]
More news stories like this | News stories tagged with:
#debut novel
The author of "The Family Chao" discusses her homage to "The Brothers Karamazov." Continue reading at The Washington Post
[ The Washington Post | 2022-01-29 12:00:36 UTC ]
More news stories like this |