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 ]

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Penguin Random House Acquires Hay House

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[ Publishers Weekly | 2023-12-12 05:00:00 UTC ]
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Little, Brown's Judy Clain Is Moving to S&S to Relaunch Summit Books

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[ Publishers Weekly | 2023-12-11 05:00:00 UTC ]
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Simon & Schuster Names Its New Board Members

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[ Publishing Perspectives | 2023-12-07 21:21:07 UTC ]
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Naomi Alderman On Tech Billionaires as Today’s Villains

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[ Literrary Hub | 2023-12-07 09:06:54 UTC ]
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Richard Sarnoff, Madeline McIntosh Among New Simon & Schuster Board Members

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[ Publishers Weekly | 2023-12-07 05:00:00 UTC ]
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[ Publishing Perspectives | 2023-11-30 23:47:44 UTC ]
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[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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[ Literrary Hub | 2023-11-27 13:59:34 UTC ]
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[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
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[ Publishers Weekly | 2023-11-14 05:00:00 UTC ]
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