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

Other Publishing stories related to: 'US judge blocks $2.2bn Penguin Random House merger'


Penguin Random House buys Rodale Books

Penguin Random House has purchased the trade book publishing assets of US wellness publisher Rodale Books from Hearst. Continue reading at The Bookseller

[ The Bookseller | 2018-01-11 00:00:00 UTC ]
More news stories like this |


Frankfurt Book Fair 2017: Penguin Random House CEO Markus Dohle's Full Remarks

The head of Penguin Random House explains his belief that the global book business is doing better today than at any point in the last 50 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #full remarks


Penguin Random House Buys Sasquatch Books

The Seattle-based house, which was named one of PW’s fast-growing independent publishers of 2016, was bought by Penguin Random House for an undisclosed sum. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-04 00:00:00 UTC ]
More news stories like this |


Global Publishing Leaders 2017: Penguin Random House

Penguin Random House is the world’s leading trade book publisher, comprised of nearly 250 imprints and brands on five continents, with more than 15,000 new titles and 800 million print, audio and ebooks sold annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
More news stories like this |


Pearson to sell 22% stake in Penguin Random House

Pearson has agreed to sell 22% of its stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, valuing the publisher at $3.55bn (£2.76bn). The deal means Bertelsmann will increase its control over the publisher, owning a 75% stake, while Pearson will own the remaining 25%. The deal is... Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #markus dohle


Penguin Random House shows Pride in LGBTQ authors

Penguin Random House this weekend took to the streets of central London to march in support of Pride, an annual event which this year marked 50 years since the decriminalisation of homosexuality in England. Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #central london #annual event


Pearson sells 22% stake in Penguin Random House

Shares in the publishing firm rise after it says the sale will raise about $1bn (£776m). Continue reading at BBC News

[ BBC News | 2017-07-11 00:00:00 UTC ]
More news stories like this |


BookExpo's Librarians' Lounge 2017: Ice Cream, and Summer Reads, Courtesy of Penguin Random House

On Friday, June 2, from 2:30–4 p.m., stop by the PW BookExpo Librarians’ Lounge (Booth 875) for ice cream, and author talk, courtesy Penguin Random House library marketing team. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ice cream #summer reads


Penguin Random House Grupo Editorial Is Acquiring Spain’s Ediciones B

The biggest of the Big Five widens its footprint in Spanish-language markets with the Ediciones B group, expanding PRH Grupo Editorial. The post Penguin Random House Grupo Editorial Is Acquiring Spain’s Ediciones B appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-04-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #spanish-language markets


Hachette and Penguin Random House lead British Book Awards Books of the Year shortlists

Hachette and Penguin Random House have earned 11 shortlistings each in the British Book Awards’ Books of the Year awards, with Pan Macmillan garnering three nods and Faber and HarperCollins both winning two nominations. Continue reading at The Bookseller

[ The Bookseller | 2017-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year shortlists #year awards


Barack and Michelle Obama sign $91m book deal with Penguin Random House

Barack and Michelle Obama have signed with publishing house Penguin Random, for a record breaking sum.   Continue reading at Stuff

[ Stuff | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama


Barack and Michelle Obama sign record book deals with Penguin Random House

Books by former president and first lady said to have been sold for more than $60m and will focus on White House yearsBarack and Michelle Obama have signed book deals with Penguin Random House, the publisher announced on Tuesday.Financial terms were not disclosed for the books, for which several... Continue reading at The Guardian

[ The Guardian | 2017-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nonfiction books #michelle obama #publisher announced #financial terms


Obamas Make Book Deal With Penguin Random House

Former President Barack Obama and Michelle Obama in Washington last year. They plan to donate a portion of the advances for their books to charity. Continue reading at The New York Times

[ The New York Times | 2017-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama


Penguin Random House Acquires Obama Books

Penguin Random House has won the auction for books from former President Barack Obama and former First Lady Michelle Obama. PRH acquired world publication rights for both books, to be written by President and Mrs. Obama respectively. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-01 00:00:00 UTC ]
More news stories like this |


ALA Midwinter 2017: Penguin Random House Announces Library Grant Winners

The awards, first announced last year by the Penguin Random House Foundation, are an effort to support and recognize the work oflibrarians. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-20 00:00:00 UTC ]
More news stories like this |


Ownership of Penguin Random House Poised to Change

Pearson plans to sell its 47 percent stake in the publisher, which is home to John Grisham, “The Girl on the Train” and the “Game of Thrones” books. Continue reading at The New York Times

[ The New York Times | 2017-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plans #john grisham


Pearson to sell its stake in Penguin Random House

Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade... Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #financial terms


Books world alarmed by Pearson's sale of stake in Penguin Random House

Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express uneaseAuthors and staff have reacted cautiously to news that Pearson is to sell its stake in Penguin Random House (PRH), the world’s biggest publisher and... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #jamie oliver


Pearson to Sell Stake in Penguin Random House

Faced with worse-than-expected results in its North American higher education publishing business, Pearson said this morning that it is putting its 47% stake in Penguin Random House up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


Penguin Random House hold 'positive' meeting to resolve union row

Following widespread outcry after the publisher announced it was ending its relationship with unions, fresh talks suggest a new agreement is in the offingIn what is being widely interpreted as a management climbdown, Penguin Random House, the world’s biggest publisher, has resumed talks with... Continue reading at The Guardian

[ The Guardian | 2016-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher announced #widely interpreted #biggest publisher #wednesday morning #national union