Stephen King set to testify for government in trial to block merger of publishing giants
foxbusiness.com/lifestyle/stephen-king-set-testify-government-trial-block-merger-publishing-giants
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.
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The author Stephen King testified in a suit filed by the Justice Department to block Penguin Random House from buying Simon & Schuster ... Show more
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Horror author Stephen King testifies against $2bn Penguin merger: The best-selling author said in court on Tuesday that writers are hurt by consolidation in the ...
aljazeera.com/economy/2022/8/2/horror-author-stephen-king-testifies-against-2bn-penguin-merger
Stephen King Criticizes Simon & Schuster Deal in Antitrust Trial: Legendary author Stephen King testified on behalf of the government Tuesday in the antitrust ...
variety.com/2022/biz/news/stephen-king-simon-schuster-random-house-1235332092/
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Stephen King to testify against longtime publisher Simon & Schuster: Stephen King will testify for the Justice Department against his longtime publisher Simon & ...
usatoday.com/story/entertainment/books/2022/08/02/stephen-king-testify-simon-schuster-penguin-random-house-merger-trial/10210565002/
Horror author Stephen King says writers hurt by book publishing mergers: Horror author Stephen King said writers will have fewer places to shop their books if ...
reuters.com/business/horror-author-stephen-king-says-publishing-trial-that-consolidation-hurts-2022-08-02/
Publishing merger court case: why Stephen King is testifying for the U.S. Justice Department
spiegel.de/kultur/literatur/stephen-king-als-zeuge-gerichtsprozess-um-bertelsmann-und-simon-und-schuster-a-899cacd3-cdc2-4968-b4b3-495203f6e187
Stephen King testifies for government in books merger trial: Stephen King has testified in a federal antitrust trial in which the federal goverment has opposed a ...
seattletimes.com/business/stephen-king-set-to-testify-for-govt-in-books-merger-trial/
Stephen King testifies that merger of publishing giants would hurt writers: Bestselling author Stephen King testified Tuesday in a suit filed by the Justice ...
pressdemocrat.com/article/entertainment/stephen-king-testifies-that-merger-of-publishing-giants-would-hurt-writers/
Stephen King testifies against Penguin Random House, Simon & Schuster merger: Author Stephen King on Tuesday testified for the Justice Department in opposition ...
upi.com/Top_News/US/2022/08/02/Stephen-King-testifies-Penguin-Random-House-Simon-Schuster-merger/8541659482777/
Penguin Random House, Simon & Schuster trial explained: Stephen King testified for the government today, arguing that writers will be harmed if Penguin Random ...
latimes.com/entertainment-arts/books/story/2022-08-02/stephen-king-testified-against-publishings-biggest-merger-what-you-need-to-know-about-the-antitrust-trial
Stephen King testifies for government in books merger trial: The government is bidding to convince a federal judge that the proposed merger of Penguin Random ...
bostonglobe.com/2022/08/02/business/stephen-king-testify-government-books-merger-trial/
Stephen King, ‘Freelance Writer,’ Testifies Against Book-Publishing Merger: Self-described freelance writer Stephen King testified for the government in the ...
vulture.com/2022/08/stephen-king-testifies-penguin-random-house-simon-schuster-antitrust-trial.html
Stephen King testifies against Penguin Random House-Simon & Schuster merger
theweek.com/us/1015600/stephen-king-testifies-against-penguin-random-house-simon-schuster-merger
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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.
KKR in advanced talks to buy Simon & Schuster for US$1.65-billion, sources say: KKR was competing against bidders including News Corp-owned HarperCollins ...
theglobeandmail.com/business/international-business/article-kkr-in-advanced-talks-to-buy-simon-schuster-for-us165-billion-sources/
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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
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/
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.
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/
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
Antitrust trial puts book publishing industry in the dock: NEW YORK (AP) — The Justice Department's effort to block the merger of Penguin Random House and Simon ...
apnews.com/article/entertainment-book-publishing-stephen-king-6ab3568a1c19872be93d2c57b619f42f
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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