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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Yahdon Israel Pulls Back the Curtain on Publishing

The senior editor at Simon & Schuster, who acquired NBA finalist ‘Temple Folk’ after putting out a call for submissions on Instagram, wants to make the publishing industry more transparent and accessible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
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Booksellers, Publishers Urge Appeals Court to Uphold Block on Texas Book Rating Law

Attorneys for a group of booksellers and publishing industry associations argue that a district court in Texas correctly enjoined HB 900, and that the injunction should be allowed to stand. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-14 05:00:00 UTC ]
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Jack Artenstein, Former S&S Group President and Publisher, Dies at 83

After executive roles at Grosset & Dunlap and Simon & Schuster, Artenstein launched RGA/Lowell House in 1984, and sold the company to the NTC/Contemporary Publishing Group in 1998. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-13 05:00:00 UTC ]
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John le Carré’s son to write new George Smiley novel

Nicholas Cornwell will return his father’s best-loved spy to the page in a new novel set between The Spy Who Came in from the Cold and Tinker Tailor Soldier SpyFans of thriller writer David Cornwell – better known by his pen name John le Carré – may have thought they had seen the last of... Continue reading at The Guardian

[ The Guardian | 2023-11-10 14:00:10 UTC ]
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Jaci Updike Is Penguin Random House's First Chief Revenue Officer

The PRH sales veteran has been promoted to the newly created position of chief revenue officer, from president of sales and marketing, at Penguin Random House U.S. The division's Jeff Weber and Michael Rotondo also received promotions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-09 05:00:00 UTC ]
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Penguin Random House Issues a First Diversity Report

PRH's Nihar Malaviya talks of 'an environment where all employees are empowered to grow, succeed, and speak up,' in the US division's first DEI report. The post Penguin Random House Issues a First Diversity Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-04 00:09:33 UTC ]
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Simon & Schuster Sale to KKR Officially Completed

Simon & Schuster has officially been sold to KKR a few months after the deal was announced and after a long journey that began in 2020. Continue reading at Book Riot

[ Book Riot | 2023-11-01 16:40:37 UTC ]
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KKR Completes Purchase of Simon & Schuster

The private equity firm, whose other holdings include OverDrive, has finalized its $1.62 billion purchase of S&S, the country's third largest trade book publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-30 04:00:00 UTC ]
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Penguin Random House launches high schoolers’ award to combat book bans

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[ The Guardian | 2023-10-24 12:34:56 UTC ]
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‘The potential to undermine democracy’: European publishing trade bodies call for action on generative AI

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Penguin Random House and We Need Diverse Books Open Submissions for the 2024 Creative Writing Awards

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[ Book Riot | 2023-10-18 18:22:57 UTC ]
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How Simon & Schuster’s Sale to KKR Could Affect the Company

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[ Book Riot | 2023-10-18 10:33:00 UTC ]
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Malaysia pulls out of Frankfurt book fair, blaming organisation’s pro-Israel stance

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[ The Guardian | 2023-10-17 14:46:40 UTC ]
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Expedited Appeal in Texas Book Rating Case Delayed by Three Weeks

Meanwhile, an administrative stay blocking judge Alan D. Albright's injunction from taking effect remains in place, a move that has allowed the law to take effect despite being found unconstitutional by the district court. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-12 04:00:00 UTC ]
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Salman Rushdie announces memoir, Knife, about being stabbed in 2022

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[ The Guardian | 2023-10-11 13:36:53 UTC ]
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Hardie Grant Sells U.K. Division to PRH UK

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Children’s Books Edition: PRH’s ‘Banned Wagon’ Rolls Sunday

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Nihar Malaviya Officially Named CEO of Penguin Random House

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PRH Updates Hybrid Work Policy, Plans to Shrink Headquarters

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