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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Rubin's behind the scenes publishing memoir goes to Applause Books

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Chasing History review: Carl Bernstein’s pre-Watergate world

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Jessica Chastain has optioned Jessamine Chan’s The School for Good Mothers for TV.

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Child, Grisham, PRH and Amazon awarded $7.8m in e-book piracy lawsuit

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Video: From Barack Obama to Billie Jean King, L.A. Times Book Club looks back on an eventful 2021

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Penguin Random House, Simon & Schuster file withering response to DOJ antitrust suit

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August 2022 proposed for PRH and S&S deal court challenge

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Publisher Pulls Alice Sebold's Memoir As 1981 Rape Conviction Is Overturned

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