The failure of a recent bid to merge two large publishing companies shines a light on a central issue of cultural powerDespite a rise in self-publishing, commercial publishers are still the main gatekeepers of what arrives on our bookshelves. As such, they have great cultural and – if a book takes off – economic power. A case decided in a US court this week provided an insight into just how much of that power is now concentrated in a small handful of multinational companies.At issue was a planned merger of Simon & Schuster with Penguin Random House (PRH) – two of the so-called big five, which between them control 90% of the US publishing market, a fact not always obvious to the casual observer, as books usually carry on their spines the names of imprints, or subdivisions, of the parent company. PRH, itself the result of a mega-merger in 2013, runs about 300 imprints. Given the reach of these companies – PRH is active in more than 20 countries – the Department of Justice’s successful argument that the planned $2.2bn deal would “exert outsized influence over which books are published in the United States and how much authors are paid for their work” applies globally. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2022-11-04 18:25:28 UTC ]
The failure of progressive change in contemporary book publishing is so total that there is now a whole string of books about the failure of progressive change in contemporary book publishing, often backed enthusiastically by big corporate publishers, in an elaborate circuit of denial and... Continue reading at Literrary Hub
[ Literrary Hub | 2022-04-20 08:55:05 UTC ]
More news stories like this
Today’s edition of SFF Daily Deals is sponsored by Penguin Random House & Underlined. `Penguin Random House &... Continue reading at Book Riot
[ Book Riot | 2022-04-04 14:08:53 UTC ]
More news stories like this
Today's edition of YA Deals is sponsored by Penguin Random House & Underlined.`Penguin Random House &... Continue reading at Book Riot
[ Book Riot | 2022-04-02 10:00:00 UTC ]
More news stories like this
Today's edition of Daily Deals is sponsored by Penguin Random House & Underlined`Penguin Random House &... Continue reading at Book Riot
[ Book Riot | 2022-04-01 14:05:33 UTC ]
More news stories like this
Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
More news stories like this
This summer, the courts will rule on Bertelsmann subsidiary PRH’s planned purchase of Simon & Schuster. But 24 years ago, the industry was agape over Bertelsmann’s acquisition of Random House. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-25 04:00:00 UTC ]
More news stories like this
The times they are a-changin’: Bob Dylan’s first book in eighteen years is coming out this November via Simon & Schuster. It will be Dylan’s first published book since winning the Nobel Prize for Literature in 2016. According to Simon & Schuster, The Philosophy of Modern Song is a... Continue reading at Literrary Hub
[ Literrary Hub | 2022-03-09 17:15:40 UTC ]
More news stories like this
Lit Hub is pleased to reveal the cover for Suad Amiry’s new novel, Mother of Strangers, which will be published by Penguin Random House this August. Mother of Strangers, based on a true story, follows the lives of 15-year-old mechanic Subhi and 13-year-old Shams, the girl he hopes to marry one... Continue reading at Literrary Hub
[ Literrary Hub | 2022-03-07 15:36:20 UTC ]
More news stories like this
The Canadian arm of Simon & Schuster is to open its Scribner Canada imprint with works of Iain Reid and Deborah Thompson. The post Simon & Schuster Canada To Open a Canadian Scribner Imprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-02-23 01:48:53 UTC ]
More news stories like this
Midwest publishers are optimistic sales gains in 2021 will carry into 2022 despite supply chain issues. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
More news stories like this
Vera, a cello player and Scrabble devotee, has been a New York Times subscriber for the past 75 years, developing her print habit somewhere around the Truman administration. These days, she's reading stories about Eugene O'Neill, TV dinners, book publishing and "getting older without getting... Continue reading at AdWeek
[ AdWeek | 2022-02-07 11:00:00 UTC ]
More news stories like this
Containers full of books at the bottom of the ocean are just one problem for an industry facing a host of shortagesThe supply chain crisis over the last year has caused quite a splash for the book publishing industry – literally.In early January, a large shipping vessel coming from Taiwan was... Continue reading at The Guardian
[ The Guardian | 2022-02-07 07:00:04 UTC ]
More news stories like this
In May 2021, Penguin Random House launched a new marketing effort under the hashtag #AllWaysBlack. Over 26.3K followers and nearly a year later, the channel will expand in a number of ways. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
More news stories like this
As Penguin Random House and the Department of Justice continue to prepare for an August trial in which PRH hopes to block the government’s effort to kill its acquisition of Simon & Schuster, professionals throughout the industry are finding themselves pulled into the legal fray. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
More news stories like this
Stephen Rubin, a consulting publisher at Simon & Schuster US, has written a behind the scenes memoir, Words and Music: Confessions of an Optimist, to be published by Applause Books in the US in January 2023. Continue reading at The Bookseller
[ The Bookseller | 2022-01-24 03:29:19 UTC ]
More news stories like this
Legend Times is to move all of its publishing companies from Booksource to Macmillan Distribution (MDL). Continue reading at The Bookseller
[ The Bookseller | 2022-01-20 13:14:03 UTC ]
More news stories like this
Deadline has reported that Jessica Chastain, through her cutely named production company Freckle Films, has beaten out several others to the TV rights to Jessamine Chan’s The School for Good Mothers. The School for Good Mothers, published this week by Simon & Schuster, is Chan’s debut novel;... Continue reading at Literrary Hub
[ Literrary Hub | 2022-01-05 16:49:39 UTC ]
More news stories like this
Penguin Random House has dominated the Costa Book Awards 2021 category winners, with two Viking authors among the victors—Caleb Azumah Nelson and John Preston—along with Fig Tree's Claire Fuller and Manjeet Mann, with only Bloodaxe Books' Hannah Lowe preventing a clean sweep. Continue reading at The Bookseller
[ The Bookseller | 2022-01-04 12:23:06 UTC ]
More news stories like this
The US Authors Guild, Amazon Publishing, and Penguin Random House win a default judgment against Ukraine-based 'Kiss Library.' The post Ukraine-Based ‘Kiss Library’ Under Permanent Injunction in Book Piracy Case appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-01-04 10:56:43 UTC ]
More news stories like this
The AAPI Communities in Conversation series launches on January 4 at 1 p.m. ET. The series is a joint effort between the University of South Carolina's Augusta Baker Endowed Chair and Penguin Random House Library Marketing, with additional media support from Publishers Weekly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-03 05:00:00 UTC ]
More news stories like this