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 ]
Simon & Schuster posted an 8.6% increase in operating income in the second period of 2015 over the same period in 2014 while revenue fell 5.6%, to $199 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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Profile’s publishing director Mike Jones is to leave the company at the end of this week, by mutual consent. Jones joined Profile from his role as non-fiction publishing director at Simon & Schuster almost exactly a year ago in July 2014. The publisher said it was “very sorry” to make the... Continue reading at The Bookseller
[ The Bookseller | 2015-07-14 00:00:00 UTC ]
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Tony Uphoff, CEO of Business.com, has more than 20 years of experience leading and transforming b-to-b publishing companies.Before joining Business.com in 2013, he was CEO of tech publisher UBM TechWeb, where he led the company's transformation from a $125 million print-centric business to a... Continue reading at Advertising Age
[ Advertising Age | 2015-07-02 00:00:00 UTC ]
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Simon & Schuster has bought a "unique" debut from an Australian author. S&S ssistant fiction editor Carla Josephson bought UK, Commonwealth & ANZ rights in All These Perfect Strangers by Australian prize-winning author Aoife Clifford from Rebecca Ritchie and Clare Forster at Curtis... Continue reading at The Bookseller
[ The Bookseller | 2015-06-27 00:00:00 UTC ]
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HarperCollins is a subsidiary of News Corp., a global media and information services company that covers news and information services, cable network programming, digital real estate services, book publishing, digital education, and pay-TV distribution. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Simon & Schuster was founded in New York City in 1924 by Richard L. Simon and M. Lincoln ("Max") Schuster. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Egmont is a leading Nordic media group that includes Nordisk Film, Norway’s TV 2, and PlayStation distribution along with book publishing. The company is active in 30 countries with 6,600 employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Sarah Knight was sick of commuting, P&L statements and eating salad at her desk at Simon & Schuster, so she quit to freelance and seek happiness. The post Sick of P&L Statements, Literary Editor Quits, Gets Web Kudos appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-22 00:00:00 UTC ]
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Quarto Publishing Group UK has made a series of appointments to its sales team, as part of a restructure. John Stefani, previously business development director at Simon & Schuster will take on the role of sales director, while Geraldine McBride, previously trade sales director at Bonnier... Continue reading at The Bookseller
[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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Former Penguin communications manager Toby Jones has been hired as group marketing and publicity director by Simon & Schuster. Jones, who left Penguin in 2013 to go travelling, will begin at S&S on 1st July and report to chief executive and publisher Ian Chapman. Marketing director... Continue reading at The Bookseller
[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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In Madrid, several top ebook distributors meet to discuss mutual challenges in book publishing and the possibility of a common European digital market. The post Ebook Distributors Meet to Discuss Common EU Digital Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-11 00:00:00 UTC ]
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Simon & Schuster has rushed through a second reprint of The Ugly Game: The Qatari Plot to Buy the World Cup by Heidi Blake and Jonathan Calvert after the Fifa arrests last week, which dominated news headlines around the world. The publisher ordered a 1,500 reprint of the book, only released... Continue reading at The Bookseller
[ The Bookseller | 2015-06-03 00:00:00 UTC ]
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Joe Monti, executive editor for Simon & Schuster’s new Saga imprint for science fiction/fantasy, or SFF, admits that diversity is more than an intellectual exercise. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-30 00:00:00 UTC ]
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In The Art of War, Sun Tzu tells us, “In the midst of chaos, there is also opportunity.” Approaching the publishing market in China, it can be hard to distinguish the opportunities from the chaos. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-28 00:00:00 UTC ]
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Tom Doherty, president and publisher of Tor Books, worked his way up through the sales force ranks at Simon & Schuster and was mentored by Betty and Ian Ballantine when they launched the first science fiction and fantasy line in the country. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-28 00:00:00 UTC ]
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Hachette Book Group and Simon & Schuster this week became the latest Big Five publishers to offer audiobook titles to libraries via Midwest Tape’s nascent Hoopla digital platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-28 00:00:00 UTC ]
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BBC Radio 4’s former commissioning editor Caroline Raphael is to join Penguin Random House UK. Raphael will take on the role of editorial director, audio, reporting to audio publisher Videl Bar-Kar. She will lead Penguin Random House UK’s audio editorial and production team and help grow its... Continue reading at The Bookseller
[ The Bookseller | 2015-05-27 00:00:00 UTC ]
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Gonzales, currently director of integrated marketing at Simon & Schuster, has been been appointed v-p, associate publisher, trade books at Rodale, effective June 15. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-18 00:00:00 UTC ]
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Lawyers acting for Author Solutions are due to file new papers with a New York court this week in the latest development in the lawsuit against the assisted publisher. The Penguin Random House-owned company Author Solutions provides a variety of services direct to authors under a series of... Continue reading at The Bookseller
[ The Bookseller | 2015-05-15 00:00:00 UTC ]
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A fall in physical book sales led to a decrease in revenue in the first quarter of 2015 for Simon & Schuster. Results released by the publisher’s parent company CBS Corporation were not broken down geographically, but gave publishing revenues for the first three months of this year at... Continue reading at The Bookseller
[ The Bookseller | 2015-05-09 00:00:00 UTC ]
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