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 ]

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S&S Latest Publisher to Bow Out of BookExpo

Simon & Schuster has become the third Big Five publisher to say it will not attend this year's BookExpo and BookCon events set for New York City July 22-26. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Former Rights Director Marcella Berger Remembered by Simon & Schuster

For 35 years with Simon & Schuster, Marcella Berger had retired from the company in 2011. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Berger Sold Rights to Titles by Heller, Eggers, Clinton isitation hours are being held Friday (March 20) for Marcella Berger, the late... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-19 22:01:05 UTC ]
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Marcella Berger, Longtime S&S Sub Rights Director, Dies

Marcella Berger, former v-p, director of subsidiary rights at Simon & Schuster, died March 16. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-19 04:00:00 UTC ]
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Simon & Schuster pulls out of postponed Bologna Book Fair over coronavirus

Simon & Schuster has announced none of its employees in the UK or US will attend the rearranged Bologna Book Fair in May. Continue reading at The Bookseller

[ The Bookseller | 2020-03-06 15:58:36 UTC ]
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S&S to publish Reebok founder's 'remarkable' memoir

Simon & Schuster has snapped up Reebok founder Joe Foster’s memoir, aptly titled Shoemaker. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 04:41:37 UTC ]
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Simon & Schuster Is Up for Sale

The publisher of Stephen King, Judy Blume and Hillary Clinton doesn’t fit with the plans of its parent, ViacomCBS, which has placed a big bet on digital video. Continue reading at The New York Times

[ The New York Times | 2020-03-04 20:20:26 UTC ]
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Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster

Following the reunification of Viacom and CBS, Simon & Schuster's chief Carolyn Reidy tells the staff that its parent company will explore seelling The post Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 17:27:00 UTC ]
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Report: Simon & Schuster’s Date for John Bolton’s Book Is Now in May

The publication date moves to May for the controversial White House memoir of Donald Trump's former national security advisor John Bolton. The post Report: Simon & Schuster’s Date for John Bolton’s Book Is Now in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 15:00:09 UTC ]
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HarperCollins UK and S&S UK pull out of London Book Fair

HarperCollins UK and Simon & Schuster have joined the rest of the Big Five publishers in announcing they are not attending the London Book Fair following the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-03 22:29:32 UTC ]
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A Buoyant 2020 Audie Awards Celebrates 'The Only Plane in the Sky,' Stephen King

At the Audio Publishers Association's annual Audie Awards, which marked a quarter century this year, 'The Only Plane in the Sky' took home the top award and Stephen King received a lifetime achievement as host Mo Rocca and others saluted the progress of the audiobook form over the past 25 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-03 05:00:00 UTC ]
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S&S Cancels and COVID-19 Concerns Mount for London Book Fair

With Simon & Schuster's exit from London Book Fair, other publishers are watchful–concerned both for employee safety and for cost in case of a quarantine. The post S&S Cancels and COVID-19 Concerns Mount for London Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-28 18:07:02 UTC ]
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Danse Macabre: Stephen King’s Dance of Death

In this week’s Dispatches from The Secret Library, Dr Oliver Tearle reviews Stephen King’s early non-fiction book about horror In 1999, the prolific author Stephen King had his own dance with death. One afternoon, he was walking on the shoulder of a road near his home in the US state […] The... Continue reading at Interesting Literature

[ Interesting Literature | 2020-02-28 15:00:22 UTC ]
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Simon & Schuster US pulls out of London Book Fair

Simon & Schuster’s US team will not be attending the London Book Fair this year over "health and safety" fears following the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-02-28 11:51:27 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Global revenues dip at S&S but UK business sees 'turning point'

Simon & Schuster’s global revenues for 2019 fell 1% to $814m, with a 7% decline in operating income, parent firm ViacomCBS has said. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 22:25:14 UTC ]
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Dan Brown pens Puffin picture book and composes classical music album

Dan Brown has penned a Puffin picture book about the adventures of an orchestra-conducting mouse, backed by a classical music album composed by The Da Vinci Code writer. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 17:20:14 UTC ]
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Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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Bertelsmann and Penguin Random House: Climate Neutrality by 2030

Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines. The post Bertelsmann and Penguin Random House: Climate Neutrality by 2030 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-18 18:34:48 UTC ]
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PRH Makes Progress in Green Initiatives

Following the February 17 announcement by Penguin Random House parent company Bertelsmann that the conglomerate will be carbon neutral by 2030, PRH global CEO Markus Dohle sent a letter to employees outlining the publisher’s role in helping Bertelsmann achieve that target. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
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Bertelsmann aims to be climate neutral by 2030

Bertelsmann is aiming to be climate neutral by 2030, taking its share of responsibility in the battle against climate change and global warming. Continue reading at The Bookseller

[ The Bookseller | 2020-02-16 23:22:53 UTC ]
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