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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Leave Penguin Alone

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[ Slate | 2012-03-14 00:00:00 UTC ]
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[ The Bookseller | 2012-03-13 00:00:00 UTC ]
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Apple ups the resolution on iTunes U and iBooks 2 for new iPad

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[ Engadget | 2012-03-08 00:00:00 UTC ]
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Kate Lyall Grant new Severn House publisher

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[ The Bookseller | 2012-03-05 00:00:00 UTC ]
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Northstar Travel On the Block

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[ Folio Magazine | 2012-03-02 00:00:00 UTC ]
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[ The Bookseller | 2012-02-28 00:00:00 UTC ]
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[ The Bookseller | 2012-02-27 00:00:00 UTC ]
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Raisin, Roberts and Joseph to judge BBC prize

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[ The Bookseller | 2012-02-17 00:00:00 UTC ]
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[ The Bookseller | 2012-02-16 00:00:00 UTC ]
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[ The Bookseller | 2012-02-16 00:00:00 UTC ]
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[ The Bookseller | 2012-02-16 00:00:00 UTC ]
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[ Folio Magazine | 2012-02-15 00:00:00 UTC ]
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[ Editor & Publisher | 2012-02-15 00:00:00 UTC ]
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[ The Bookseller | 2012-02-09 00:00:00 UTC ]
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[ Publishers Weekly | 2012-01-20 00:00:00 UTC ]
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[ Betanews | 2012-01-19 00:00:00 UTC ]
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[ Publishers Weekly | 2012-01-13 00:00:00 UTC ]
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