UK competition authority raises concerns over Cengage/McGraw-Hill merger

After an initial phase of investigation, the UK’s Competition & Markets Authority has decided that the loss of competition brought about by the proposed merger between Cengage and McGraw-Hill could raise the price of university textbooks. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-03-10 21:53:42 UTC ]

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Court Blocks Penguin Random House, S&S Merger

In a brief two-page order issued late on October 31, Judge Florence Y. Pan blocked PRH's bid to buy S&S, saying the government had succeeded in showing that the proposed merger would harm "competition in the market for the U.S. publishing rights to anticipated top-selling books." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]
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Florence Pan, Judge in DOJ v. PRH Case, Confirmed to U.S. Court of Appeals in D.C.

The United States Senate voted on Tuesday to elevate the judge overseeing the lawsuit that will decide the fate of the proposed merger of Penguin Random House with Simon & Schuster to the influential U.S. Court of Appeals for the District of Columbia Circuit, filling the seat that belonged... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
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Op-Ed: How an antitrust trial could reshape the books we read — and who writes them

The proposed merger of Penguin Random House and Simon & Schuster could lead to fewer voices — including marginalized voices — being published. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-18 10:09:48 UTC ]
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DOJ v PRH: Don Weisberg, Government's Economist See Danger in PRH-S&S Merger

As the government's case against Penguin Random House's acquisition of Simon & Schuster winds down, Macmillan CEO Don Weisberg and government economist Nicholas Hill laid out reasons why they are concerned about the impact of the proposed merger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
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DOJ sues to block Penguin Random House from merging with Simon & Schuster

Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities. The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s... Continue reading at Fast Company

[ Fast Company | 2021-11-02 14:35:22 UTC ]
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RBmedia Buys M-H Professional Audiobook Business

RBmedia has acquired the audiobook publishing business of McGraw-Hill Professional in a deal that adds about 400 business books to the audio publisher's list, chief content officer Troy Juliar said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
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Boston-based Cengage and McGraw-Hill drop merger plans

Both boards unanimously approved the termination of the merger, announced in May 2019 and originally expected to close in early 2020. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-04 15:05:34 UTC ]
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Cengage Announces a Termination of Its McGraw-Hill Merger Agreement

The two major educational publishers announced an all-stock merger a year ago, but ran into regulatory issues and criticism around market dominance and pricing. The post Cengage Announces a Termination of Its McGraw-Hill Merger Agreement appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-04 13:19:39 UTC ]
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McGraw-Hill and Cengage call off planned merger

Publishers McGraw-Hill and Cengage have mutually agreed to call off their planned merger. Continue reading at The Bookseller

[ The Bookseller | 2020-05-04 10:50:25 UTC ]
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IEEE Spectrum Wins Grand Neal at Virtual Neal Awards Ceremony

IEEE Spectrum took home the Grand Neal, top prize at the annual Jesse H. Neal Awards, which honored the best in business journalism in a video presentation uploaded Friday afternoon, pivoting to a virtual event for the first time in lieu of an originally scheduled luncheon on March 27. "This is... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-21 06:09:38 UTC ]
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Cengage/McGraw-Hill merger delayed again, following UK competition decision

The UK Competition & Markets Authority (CMA) has announced that it will move on to a Phase Two investigation of the proposed merger between Cengage and McGraw-Hill, after concluding in its first probe that the move could result in higher-priced university textbooks. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 16:41:27 UTC ]
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UK competition authority raises concerns over Cengage/McGraw-Hill merger

After an initial phase of investigation, the UK’s Competition & Markets Authority has decided that the loss of competition brought about by the proposed merger between Cengage and McGraw-Hill could raise the price of university textbooks. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 21:53:42 UTC ]
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Online edtech company hires new executive from McGraw-Hill

Penn Foster Education Group, a provider of an online learning platform for adults, has hired a longtime executive from publisher McGraw-Hill to lead a team of around 150 people. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-11-04 12:01:10 UTC ]
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US student groups oppose McGraw-Hill/Cengage merger

Over 40 student organisations in the US have urged the US Department of Justice to block the proposed merger of publishers Cengage and McGraw-Hill. Continue reading at The Bookseller

[ The Bookseller | 2019-07-30 03:41:22 UTC ]
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Former Bloomberg CRO Keith Grossman Tapped as Time President | People on the Move

[caption id="attachment_81710" align="alignright" width="150"] Keith Grossman[/caption] Time appointed Keith Grossman as its new president in an effort to build out its leadership team, following the sale of the magazine to Marc and Lynne Benioff from Meredith Corp. last September.  Starting... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-18 16:48:42 UTC ]
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OverDrive’s Potash Again Questions W3C, IDPF Merger

OverDrive CEO Steve Potash continues to raise concerns that under the proposed merger of the W3C and the IDPF, the book industry will lose influence over the continued development of the ePUB ebook file standard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
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Michaels made c.e.o. of Macmillan HE and New Ventures

Ken Michaels has been appointed chief executive officer of Macmillan Higher Education and Macmillan New Ventures.   Currently the global chief operating officer of Macmillan Science and Education (MSE), Michaels will begin his new job upon the closing of the proposed merger between parts of... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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