US judge blocks $2.2bn Penguin Random House merger

Justice department argued the melding of the publishing house with Simon & Schuster would harm competition and authors’ payA US judge has blocked the $2.2bn planned merger of Penguin Random House, the world’s largest book publisher, with rival Simon & Schuster.Judge Florence Pan of the US district court for the District of Columbia said in a brief order on Monday that she had found that the justice department had shown that the deal would “substantially” harm competition “in the market for the US publishing rights to anticipated top-selling books”. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-11-01 00:30:18 UTC ]
News tagged with: #district court #simon schuster #justice department #publishing rights #largest book #penguin random house

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McGraw-Hill, Cengage Call Off Merger

The inability to reach an agreement with the government about which divestitures the publishers needed to make to allow the merger to move forward led to the deal being canceled, the companies said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-04 04:00:00 UTC ]
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BA criticises Amazon for 'ill-judged' hardship fund donation

The Booksellers Association (BA) has branded Amazon's £250,000 donation to a booksellers hardship fund an “ill-judged attempt to mitigate a decades-long campaign to undermine the bookselling sector”. Continue reading at The Bookseller

[ The Bookseller | 2020-04-24 16:27:46 UTC ]
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PRH launches virtual Penguin Talks series with Speakers for Schools

Penguin Random House has launched a collaboration with charity Speakers for Schools delivering a series of virtual educational events from its authors, streaming to thousands of students across the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 20:41:22 UTC ]
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Penguin Podcast moves to weekly schedule in lockdown

The Penguin Podcast is moving from a bi-weekly edition to weekly for the next three months in response to the Covid-19 lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-22 07:58:20 UTC ]
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Penguin authors, including Blackman, Pullman and Child, contribute responses to Covid-19

Penguin is publishing a series of essays from a number of its leading authors, offering their response to Covid-19.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-20 02:32:56 UTC ]
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From house of horrors to family home

Erica Bauermeister’s latest book is a thoughtful, entertaining memoir of the time she and her family spent renovating the mother of all fixer-uppers. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 22:35:19 UTC ]
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From house of horrors to family home

Erica Bauermeister’s latest book is a thoughtful, entertaining memoir of the time she and her family spent renovating the mother of all fixer-uppers. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 22:35:19 UTC ]
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From house of horrors to family home

Erica Bauermeister’s latest book is a thoughtful, entertaining memoir of the time she and her family spent renovating the mother of all fixer-uppers. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 22:35:19 UTC ]
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As brands block coronavirus, streaming app Newsy opens an ad slot free from bad news

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[ Advertising Age | 2020-04-17 17:36:26 UTC ]
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Literature on Lockdown 2: #CultureConnectsUs

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[ British Council global | 2020-04-17 15:42:05 UTC ]
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[ Literrary Hub | 2020-04-16 20:00:01 UTC ]
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New manga subscription service launches with a quarantine-friendly 2-month free trial

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[ Los Angeles Times | 2020-04-15 13:00:12 UTC ]
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Statement: Ad Tech Companies: Stop Journalism-Harming Keyword Blocking Practices

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Half Price Books Cuts Workforce By More Than 2,000

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[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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[ The Bookseller | 2020-03-25 18:44:12 UTC ]
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