‘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 absorbing rival Simon & Schuster. The case will be a pivotal test of the Biden administration’s antitrust policy.The justice department has sued to block the $2.2bn merger, which would reduce the Big Five US publishers to four. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-08-01 16:24:36 UTC ]

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Penguin Random House Acquires the UK’ Wonderbly

The 12-year-old UK independent publishing house Wonderbly is to maintain its autonomy as a PRH property. The post Penguin Random House Acquires the UK’ Wonderbly appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2025-06-04 23:12:44 UTC ]
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PRH Buys U.K.-Based Wonderbly

The Penguin Random House acquisition machine continues to roll on, with the world’s largest trade publishing announcing it has bought one of the U.K.’s fastest-growing independent publishers, Wonderbly, which has used a direct-to-consumer business model to sell more than 11 million books in 140... Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-06-04 04:00:00 UTC ]
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PRH Cuts Ties with Diamond Comic Distributors

Penguin Random House will end its distribution arrangement with Diamond Comic Distributors, effective June 25, following Ad Populum’s recent acquisition of the bankrupt Diamond’s comics distribution business. PRH is Diamond’s largest creditor, and is owed $9.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-05-22 04:00:00 UTC ]
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Supreme Court recusals in book publisher case affect quorum

The recusals left the court in the rare position of not having a six-judge quorum to make a decision on considering the lawsuit against Ta-Nehisi Coates. Continue reading at The Washington Post

[ The Washington Post | 2025-05-19 22:30:11 UTC ]
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Jo Henry Calls It a Career at ‘BookBrunch’

After nearly 50 years in the book business—as a literary agent, book publisher, market researcher, and journalist—Jo Henry has stepped down as managing director of the U.K. publishing newsletter BookBrunch, a role she has held since 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-05-16 04:00:00 UTC ]
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Meet Boom! Studios Publisher Michael Kelly

The Hasbro veteran, who has a background in both books and comics, was tapped to lead the storied comics house following its acquisition by Penguin Random House last year. And he has big plans for its future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-04-30 00:00:00 UTC ]
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PRH and Co-Plaintiffs Push Back on Florida Book Banning Law

Attorneys for the plaintiffs in Penguin Random House LLC v. Gibson argued that their clients “have suffered First Amendment injury” due to book removals in classrooms and libraries facilitated by Florida House Bill 1069, which was signed into law in May 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-04-30 00:00:00 UTC ]
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A cult clothier and iconic publishing house join forces to fight book bans

Online Ceramics and Penguin Random House team up against the ultimate culture killers. Reading just got a whole lot cooler. Continue reading at Fast Company

[ Fast Company | 2025-04-24 09:00:00 UTC ]
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Penguin Random House Leads Amicus Brief in LTGBQ+ Books Case

The US high court hears oral arguments as publishing industry parties file an amicus brief, on school exposure to LGBTQ+ themes. The post Penguin Random House Leads Amicus Brief in LTGBQ+ Books Case appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2025-04-22 20:46:03 UTC ]
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Penguin Random House Leads Amicus Brief in LGBTQ+ Books Case

The US high court hears oral arguments as publishing industry parties file an amicus brief, on school exposure to LGBTQ+ themes. The post Penguin Random House Leads Amicus Brief in LGBTQ+ Books Case appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2025-04-22 20:46:03 UTC ]
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Laura Barker to Leave Penguin Random House Christian

A longtime leader at Waterbrook & Multnomah, Barker will leave the company effective April 15, with recently hired editorial director Madison Trammel taking oversight of adult fiction and nonfiction editorial at the division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-04-02 04:00:00 UTC ]
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PRH Sales Rose 8.5% in 2024, Topping $5 Billion

A bounceback year at Penguin Random House US, which included several acquisitions, helped to increase sales and profits at the world's largest trade book publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-31 04:00:00 UTC ]
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Publishers, Nonprofits Raise Funds to Back Freedom to Read, Free Speech

As challenges to free expression show no signs of abating, Penguin Random House and the National Coalition Against Censorship have announced separate fundraising initiatives to counter the threat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-26 04:00:00 UTC ]
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'Brave' D.C. Episcopal Bishop Inks Two-Book Deals with PRH

Mariann Edgar Budde, the Episcopal bishop of the diocese of Washington, D.C., who urged President Donald Trump to show “mercy” in his second term, has inked deals with two Penguin Random House imprints for books for young people. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-26 04:00:00 UTC ]
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Penguin Random House’s ‘Banned on the Run’ Event: US$10,000

Ahead of the States' National Library Week, Penguin Random House and Sourcebooks open a 'Banned on the Run a fundraising effort. The post Penguin Random House’s ‘Banned on the Run’ Event: US$10,000 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2025-03-26 02:24:13 UTC ]
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Scholastic Has a Disappointing Third Quarter

Growing consumer caution and uncertainty surrounding federal government support for education resulted in results falling below expectations at the children’s book publisher’s last quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2025-03-21 04:00:00 UTC ]
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