Trade

What the ruling against the PRH-S&S merger means for the publishing business
November 1, 2022 at 9:41 pm

Judge Florence Y. Pan ruled today that the acquisition of Simon & Schuster by Penguin Random House could not go forward. The ruling was explicitly to protect the “competition” for the “anticipated top-selling books”. In other words, the big books by big authors for which only the Big Five can compete regularly (with occasional bids…

Court Blocks PRH-Simon & Schuster Acquisition
October 31, 2022 at 10:36 pm

In the United States, Judge Pan rules against the merger of trade book publishers Penguin Random House and Simon & Schuster. The post Court Blocks PRH-Simon & Schuster Acquisition appeared first on Publishing Perspectives.

Springer Nature Reaches 2,000 International Open-Access Books
October 31, 2022 at 10:16 pm

Less than two years after passing the 1,000th open-access book milestone, Springer Nature now has 2,000 open-access book titles. The post Springer Nature Reaches 2,000 International Open-Access Books appeared first on Publishing Perspectives.

US judge blocks $2.2bn Penguin Random House merger
October 31, 2022 at 8:30 pm

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…