UK watchdog investigates Penguin owner’s Simon & Schuster takeover

CMA says it is considering whether Penguin Random House’s $2bn deal would lessen competitionAuthors fear the worst if Bertelsmann takes over Simon & SchusterThe UK competition watchdog has launched an investigation into Penguin Random House’s $2bn (£1.45bn) takeover of Simon & Schuster, a deal rivals have warned will create a “behemoth of books” with too much power in the global publishing industry.The deal would bring together a who’s who of starry authors from Dan Brown, Hillary Clinton and Stephen King to Barack Obama, Bob Woodward and John Grisham. An equally impressive combined back catalogue spans titles and authors including Gone With the Wind, Catch-22 and the works of Ernest Hemingway. Related: PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2021-03-22 09:00:30 UTC ]
News tagged with: #simon schuster #dan brown #hillary clinton #stephen king #barack obama #bob woodward #john grisham #authors including #ernest hemingway #$2bn deal #bertelsmann

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Media Decoder Blog: Amazon Program Offers "Harry Potter" Series to Kindle Owners

Members of the Amazon Prime subscription program will be able to read "Harry Potter'' ebooks for free through the Kindle Owners' Lending Library, a move intended to encourage consumers to buy Kindle devices. Continue reading at The New York Times

[ The New York Times | 2012-05-10 00:00:00 UTC ]
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HC UK revenues up 'over 5%' in first quarter

HarperCollins UK saw revenues up over 5% year-on-year for the first quarter of 2012, c.e.o.... Continue reading at The Bookseller

[ The Bookseller | 2012-05-10 00:00:00 UTC ]
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Hachette UK flat in first quarter

E-book sales for Hachette in the UK and Commonwealth accounted for 25% of adult trade sales in... Continue reading at The Bookseller

[ The Bookseller | 2012-05-10 00:00:00 UTC ]
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Penguin apologises for Nick Robinson error

Penguin has apologised to the BBC’s political editor Nick Robinson after it wrongly printed... Continue reading at The Bookseller

[ The Bookseller | 2012-05-08 00:00:00 UTC ]
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Yes, people still read: ebook sales by UK publishers grew 54 percent in 2011

All hail the ebook! Seriously, if it weren't for this marvelous literary development, try saying with a straight face that you wouldn't at least take pause before adding a new title to your collection. Numbers are in from The Publisher's Association -- a group of 120 companies across the trade... Continue reading at Engadget

UK watchdog investigates Penguin owner’s Simon & Schuster takeover

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