PaidContent reports that a judge has stayed an e-book price-fixing class-action case against publishers Hachette and HarperCollins on the grounds that the publishers are close to settling with state governments over the matter, and the states’ lawsuits trump the class action. Apart from Macmillan and Penguin, who are fighting the suit, Simon & Schuster wasn’t [...]
Pearson, the parent company of publisher Penguin, has released an interim management statement, as it is undoubtedly required to do every so often. Much of it isn’t of direct interest to e-book fans, but there is a paragraph on the book publishing industry and the DoJ lawsuit: Following several years of particularly strong performance relative [...]
LONDON—Penguin's Chief Executive John Makinson said on Tuesday the publisher's Christmas list was strong -- with authors including comedian Lee Evans, "Diary of a Wimpy Kid" writer Jeff Kinney, and Tom Clancy -- although not as strong as last year's. Sales in the first nine months of the year were flat.