‘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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F+W Media Reveals Winning Bidders at Bankruptcy Auction

Special interest magazine publisher F+W Media is due back in Delaware bankruptcy court Monday afternoon, where the company is expected to present the winning bidders emerging from an auction of its remaining media assets, the latest step in a process that began when the company filed for... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-17 16:16:56 UTC ]
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Penguin rebuts charge of antisemitism against author Pedro Baños

Publisher’s review of How They Rule the World, accused of prejudice in its coverage of the Rothschilds, finds book ‘robust’ but not antisemiticPenguin has undertaken a “thorough” review of one of its books, Spanish colonel Pedro Baños’s How They Rule the World, after allegations of antisemitism... Continue reading at The Guardian

[ The Guardian | 2019-06-11 13:01:12 UTC ]
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Google could be targeted in the first antitrust probe of Big Tech under Trump

The investigation into the company’s search and “other businesses” may signal the end of Washington’s recent hands-off approach to regulating tech giants. The Justice Department’s antitrust division is laying the groundwork for an investigation of Google, according to reports in The Wall Street... Continue reading at Fast Company

[ Fast Company | 2019-06-01 01:34:36 UTC ]
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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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Book Depot Buys Kidsbooks

Canadian bargain book wholesaler Book Depot has acquired the Chicago children’s book publisher Kidsbooks, its second purchase of a book publisher in two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-02 00:00:00 UTC ]
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F+W Media Files Chapter 11, Will Sell Assets

A failed attempt to shift the magazine and book publisher's business to an e-commerce model has led F+W to sell both its books division, which has revenues of $22 million, and It's communities group, which had sales of almost $68 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
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Milo Yiannopoulos drops his lawsuit against Simon & Schuster

Right wing troll Milo Yiannopoulos has officially dropped his lawsuit against Simon & Schuster. Last July, he announced he was suing the book publisher for wrongfully terminating a contract for his book, Dangerous, after Yiannopoulos made comments that seemed to defend pedophilia. The suit... Continue reading at Fast Company

[ Fast Company | 2018-02-20 00:00:00 UTC ]
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This 11-Year-Old Reporter Would Love to Interview Elon Musk

For the latest episode of the podcast Scholastic Reads, the children's book publisher did something a little different. It shifted the focus onto some of the young folks who make up its dynamic News Kids reporting endeavor. Dialing in from various cities around the country to chat with the... Continue reading at AdWeek

[ AdWeek | 2017-05-13 00:00:00 UTC ]
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Sweden’s Olika: A Decidedly ‘Different’ Children’s Book Publisher

Swedish children's book publisher Olika Förlag has a decade-long history of promoting diversity, challenging gender stereotypes, and winning awards for their work. The post Sweden’s Olika: A Decidedly ‘Different’ Children’s Book Publisher appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-12-13 00:00:00 UTC ]
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Amazon Alexa, HCCP Collaborate on Daily Devotionals

Marking the first collaboration between a book publisher and Amazon Alexa, HarperCollins Christian Publishing is launching a devotionals skill for retail giant’s “intelligent assistant” starting December 12. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-12 00:00:00 UTC ]
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Trusted Media Brands Cuts Children’s Book Publisher

Thirty-one employees face layoffs, though magazine brands not affected. The post Trusted Media Brands Cuts Children’s Book Publisher appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-07-29 00:00:00 UTC ]
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Bertelsmann plans to raise stake in Penguin Random House

German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian

[ The Guardian | 2016-03-22 00:00:00 UTC ]
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On newspapers and ebooks, the Justice Department's antitrust theory is obsolete

Almost every antitrust case turns on the definition of the market at issue, whether by product or geographically: Is a monopoly threatened in the market for all passenger vehicles or only two-seater sports cars? Are we talking about detergent sales nationwide or only in Wyoming? The Department of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-22 00:00:00 UTC ]
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How Apple boosted ebook prices and accidentally tanked sales

Apple suffered a final defeat in its legal fight with the US Justice Department over ebooks this week, when the Supreme Court refused to hear the company's appeal. Continue reading at Stuff

[ Stuff | 2016-03-09 00:00:00 UTC ]
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Bowie was a 'true pioneer' says V&A

David Bowie’s book publisher and director of the V&A museum has called the singer a "true pioneer" and said his death is "a loss to us all". Continue reading at The Bookseller

[ The Bookseller | 2016-01-12 00:00:00 UTC ]
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Apple's no longer court monitored in ebook antitrust case

Apple’s ebook division will no longer be overseen by a court-appointed monitor after the US Justice Department ruled that the company had made improvements to its antitrust compliance program. Despite the positive outcome for Apple, the Justice Department was critical of the company’s... Continue reading at Betanews

[ Betanews | 2015-10-14 00:00:00 UTC ]
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Pharrell, publisher donate books to kids in need

Pharrell Williams and his book publisher have launched a "Happy" campaign for young readers. Continue reading at Stuff

[ Stuff | 2015-09-30 00:00:00 UTC ]
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US: authors ask DOJ to investigate Amazon

Author protest group Authors United is asking authors to sign a letter to the US Justice Department, asking it "to examine Amazon's control of the book market." The letter has been drafted with the help of the Authors Guild. Meanwhile both the American Booksellers Association and the Association... Continue reading at The Bookseller

[ The Bookseller | 2015-07-16 00:00:00 UTC ]
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Apple loses appeal on ebook antitrust suit

A federal appeals court Tuesday let stand a 2013 lower court ruling that concluded Apple conspired with several top book publishers to raise ebook prices. The Justice Department had accused Apple of unfairly taking control of a nascent market that had been dominated by Amazon.com. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-01 00:00:00 UTC ]
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Belle Gibson's book publisher never verified cancer survivor's health claims

Penguin says it published The Whole Pantry ‘in good faith’ and never checked Gibson’s claims she cured her brain cancer through diet and lifestyle aloneThe publisher of a recipe book has admitted to never fact-checking claims made by the author that she survived terminal brain cancer through... Continue reading at The Guardian

[ The Guardian | 2015-03-11 00:00:00 UTC ]
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