Why Stephen King turned on his own publisher in a battle over the future of the book industry
independent.co.uk/news/world/americas/stephen-king-trial-penguin-merger-b2214756.html
Key FactsStephen King is an unusual antitrust hero.
Apr 20, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
Summary created with AI assistance
- F) will file an appeal on behalf of Penguin.
- Last year, officials filed a lawsuit to prevent Penguin Random House from acquiring Paramount Global (PARA).
- On October 31, a US judge determined that Penguin Random House and rival Simon & Schuster's planned $2.2 billion merger could not proceed.
- Bertelsmann, the parent company of Penguin, has agreed to buy Simon & Schuster from Paramount Global in 2020.
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Stephen King makes for unlikely antitrust hero: A thwarted book publishing deal could open a messy chapter for mergers and acquisitions. A U.S ...
reuters.com/breakingviews/stephen-king-makes-unlikely-antitrust-hero-2022-11-01/
Penguin Random House’s Bid to Acquire Simon & Schuster Blocked by Judge: The government’s case blocked the merger of two of the United States’ largest publishers ...
nytimes.com/2022/10/31/books/penguin-random-house-simon-schuster.html
Judge blocks Penguin Random House from merging with rival publisher Simon & Schuster
thehill.com/regulation/court-battles/3713329-judge-blocks-penguin-random-house-from-merging-with-rival-publisher-simon-schuster/
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Penguin Random House and Simon & Schuster merger blocked by federal judge: The ruling was a victory for the Biden administration's tougher approach to ...
pbs.org/newshour/nation/penguin-random-house-and-simon-schuster-merger-blocked-by-federal-judge
Planned acquisition of Simon & Schuster: Will Bertelsmann get its world publishing house?
wiwo.de/unternehmen/dienstleister/geplanter-kauf-von-simon-und-schuster-bekommt-bertelsmann-seinen-weltverlag/28775644.html
Judge Shuts Book on Penguin Random House–Simon & Schuster Merger: A judge has blocked the Penguin Random House–Simon & Schuster merger after August’s federal ...
vulture.com/2022/11/judge-blocks-prh-simon-schuster-merger.html
US court blocks Penguin merger with Simon & Schuster: US District Judge Florence Pan said the deal could "substantially" lessen competition in the market.
bbc.com/news/business-63466582
US judge rules that Penguin Random House mega book merger cannot go forward: A planned $2.2 billion merger of Penguin Random House, the world’s largest book ...
english.alarabiya.net/life-style/2022/11/01/US-judge-rules-that-Penguin-Random-House-mega-book-merger-cannot-go-forward
Penguin’s merger with Simon & Schuster was blocked because consolidation is bad for authors
qz.com/penguin-s-merger-with-simon-schuster-was-blocked-beca-1849726665
US publishing mega-merger blocked by federal judge: A US federal judge has blocked publishing giant Penguin Random House from acquiring its competitor Simon & ...
rte.ie/news/2022/1101/1332488-us-book-publisher-merger/
US publishing mega-merger blocked by federal judge: A federal judge on Monday blocked publishing giant Penguin Random House from acquiring its competitor Simon & ...
news.abs-cbn.com/business/11/01/22/us-publishing-mega-merger-blocked-by-federal-judge
Judge Blocks Sale of Simon & Schuster to Rival Publisher Penguin Random House in Antitrust Case
thedailybeast.com/judge-blocks-sale-of-simon-and-schuster-to-rival-publisher-penguin-random-house-in-antitrust-case
U.S. judge blocks Penguin Random House-Simon & Schuster merger: A U.S. federal judge has blocked Penguin Random House's proposed purchase of Simon & Schuster ...
ctvnews.ca/business/u-s-judge-blocks-penguin-random-house-simon-schuster-merger-1.6133390
Judge blocks $2.2 billion merger of Penguin Random House and Simon & Schuster: The DOJ has argued that the merger violates antitrust law and would harm ...
axios.com/2022/11/01/penguin-random-house-merger-blocked
US judge blocks $2.2bn Penguin Random House merger: Justice department argued the melding of the publishing house with Simon & Schuster would harm ...
theguardian.com/books/2022/oct/31/penguin-random-house-simon-schuster-merger-blocked
Judge blocks Penguin Random House takeover of Simon & Schuster: Biden administration receives a clear victory, with the judge ruling the blockbuster merger would ...
latimes.com/entertainment-arts/business/story/2022-10-31/judge-blocks-penguin-random-house-merger-simon-schuster
US Publishing Mega-Merger, Worth $2.2 Billion, Blocked By Federal Judge: A federal judge on Monday blocked publishing giant Penguin Random House from acquiring ...
ndtv.com/world-news/penguin-random-house-simon-and-schuster-us-publishing-mega-merger-worth-2-2-billion-blocked-by-federal-judge-3478688
US judge blocks Penguin Random House and Simon & Schuster $2.2bn book megamerger: Court decision after trial is a victory for US antitrust enforcers
ft.com/content/8d030cbc-e4ef-4e37-b64c-575cf4cc6c1d
Paid articlePaywallPenguin Random House/Simon & Schuster Merger Blocked by Judge: A federal judge has blocked Penguin Random House’s prospective purchase of Simon & Schuster ...
variety.com/2022/biz/news/penguin-random-house-simon-schuster-merger-blocked-1235419057/
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Paramount sells Simon & Schuster to private investment firm: Paramount Global has sold Simon & Schuster to the private equity firm KKR. The deal comes nearly a ...
npr.org/2023/08/07/1192539219/simon-schuster-sold
Key FactsSimon & Schuster: Publisher sold for $1.6bn
Aug 7, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: bbc.com
Summary created with AI assistance · Source: bbc.com
- Simon & Schuster showcased at the London Book Fair in 2023
- The deal with investor KKR marks the likely end of a years-long saga for owner Paramount Global, which had been searching for a buyer for the book company since 2020.
- KKR stated that the publisher will continue to operate independently.
- Author Stephen King was among the notable figures opposing the sale on behalf of the US government, which has taken a tougher stance on competition under President Joe Biden.
Penguin Random House boss resigns after Simon & Schuster deal fails: The merger of the publishing giant with rival Simon & Schuster was scuppered by competition ...
bbc.com/news/business-63920064
Penguin Random House scraps $2.2 bln deal to merge with Simon & Schuster: Penguin Random House, the world's largest book publisher, and smaller U.S ...
reuters.com/markets/deals/penguin-random-house-scraps-22-bln-deal-merge-with-simon-schuster-2022-11-21/
Penguin Random House scraps Simon & Schuster merger deal: Penguin Random House, the world’s largest book publisher, and smaller US rival Simon & Schuster have ...
thestar.com.my/business/business-news/2022/11/23/penguin-random-house-scraps-simon--schuster-merger-deal
Why did the government block a big merger between book publishers?: What a 'hipster antitrust' law means for readers and authors
theweek.com/briefing/1018087/foiled-penguin-random-house-simon-schuster-merger-and-antitrust-in-publishing
Penguin, Simon & Schuster merger blocked over impact on authors - U.S. judge: A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2 ...
reuters.com/legal/us-judge-cites-impact-top-selling-authors-blocking-book-merger-2022-11-07/
Judge blocks Penguin Random House and Simon & Schuster merger: Federal judge Florence Pan blocked top publisher Penguin Random House's plan to buy Simon & ...
washingtonpost.com/business/2022/11/01/penguin-random-house-simon-schuster-merger-blocked/
WSJ News Exclusive | Penguin Seeks Simon & Schuster’s Support to Fight for Imperiled Book Merger
wsj.com/articles/penguin-seeks-simon-schusters-support-to-fight-for-imperiled-book-merger-11667421456
The antitrust trial of Penguin Random House and Simon & Schuster, explained: The Justice Department alleges the publishers’ proposed merger would form a ...
vox.com/culture/23316541/publishing-antitrust-lawsuit-merger-department-justice-penguin-random-house-simon-schuster
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Paid articlePaywallStephen King weighs in as DOJ tries to quash merger of two publishing powerhouses
abcnews.go.com/US/stephen-king-weighs-doj-quash-merger-publishing-powerhouses/story
The author Stephen King testified in a suit filed by the Justice Department to block Penguin Random House from buying Simon & Schuster ... Show more
https://nyti.ms/3cYm0KP
t.co/oUbpqaYaBB
Key FactsStephen King is scheduled to testify for the government in a trial to prevent the merging of two publishing behemoths.
Apr 26, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
Summary created with AI assistance
- Stephen King, an opponent of Penguin Random House and Simon & Schuster's proposed $2.2 billion merger, is scheduled to testify for the US government in an attempt to halt the agreement.
- FLIERS WILL BE AFFECTED BY THE JETBLUE-SPIRIT MERGER King has firsthand understanding of how the industry has changed after 50 years as a published novelist.
- Viking Press, another former King publisher, was a Penguin brand that became part of Penguin Random House when Penguin and Random House amalgamated in 2013.
Stephen King Testifies Against Book-Publishing Merger: Bestselling author is government witness in Justice Department case against Penguin Random House’s planned ...
wsj.com/articles/stephen-king-testifies-against-book-publishing-merger-11659457467
Paid articlePaywall
Stephen King, author of Carrie, The Shining, to testify against publisher over company merger
abc.net.au/news/2022-08-02/stephen-king-set-to-testify-for-govt-in-books-merger-trial/101293692
Will the Biggest Publisher in the United States Get Even Bigger?: The Biden administration is suing to block Penguin Random House from buying Simon & Schuster ...
nytimes.com/2022/07/31/books/penguin-random-house-simon-schuster-antitrust-trial.html
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Justice Department sues to stop Penguin Random House's purchase of Simon & Schuster
cnn.com/2021/11/02/media/doj-penguin-simon-schuster/
Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal: The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects ...
nytimes.com/2021/11/02/books/penguin-random-house-simon-schuster-merger-lawsuit.html
What Happens When a Publisher Becomes a Megapublisher?: The merger of Penguin Random House and Simon & Schuster has the potential to touch every part of the ...
nytimes.com/2021/02/25/books/penguin-random-house-simon-schuster-publishing.html
Penguin Random House to Buy Simon & Schuster: ViacomCBS agreed to sell the 96-year-old company in a deal that potentially creates a megapublisher.
nytimes.com/2020/11/25/books/simon-schuster-penguin-random-house.html
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