• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register
Publishers Lunch logo Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
Login Sign Up
  • Personnel
  • Earnings
  • New Releases
  • Book Bans
  • The Trial
  • Unions
  • Compensation
  • Archives
Publishers Lunch logo
  • Publishers Marketplace
  • Site Guide
  • Help
  • Publishers Marketplace
  • Site Guide
  • Help

Antitrust Trial

October 3, 2022By Michael Cader

Bertelsmann Sees Multiple Deals In Trouble

October 3, 2022By Michael Cader

Bertelsmann’s recent international managers’ meeting focused on plans to invest from €5 billion to €7 billion euros across the company by 2025 — but as the FT underscores, right now the company’s ambition to acquire is facing multiple obstacles. Besides the Simon & Schuster acquisition, now in doubt pending the verdict of Judge Florence Pan, a plan to merge their French television business M6 with the larger TF1 was dropped in September after a hearing before the country’s competition authority, which had “significant problems.” The same month, customer services provider Marjorel — half owned by Bertlesmann — and call center […]

Login to read full story

September 29, 2022By Michael Cader

You Also Get…

September 29, 2022By Michael Cader

It takes at least a few posts to explain just how much material we have packed into our new ebook THE TRIAL. Yes, it has the full opening and closing arguments; the full public testimony of 22 witnesses; Judge Pan’s critical (and lengthy) ruling disallowing Penguin Random House’s evidence about their projected post-merger cost savings and increased revenues; and key pre- and post-trial documents. And yes, at every step of the way it includes the Publishers Lunch overviews and analysis. But that’s not all, of course. At the end, we have culled a selection of over 100 pages of the […]

Continue Reading

September 27, 2022By Michael Cader

Publishing Today: The Comprehensive Account of THE TRIAL

September 27, 2022By Michael Cader

While publishers large and small are planning to issue versions of the still-unwritten January 6th report, only Publishers Lunch is bold enough (or crazy enough) to bring to market a nearly complete record of THE TRIAL: The DOJ’s Suit to Block Penguin Random House’s Acquisition of Simon & Schuster. It may not be the “big book” of the fall season, but it’s certainly a strong candidate for the biggest book. (Or ebook, since we’re still figuring out the mechanics of doing something so long through print-on-demand.) This digital doorstop, at nearly 700,000 words, brings together the significant day-by-day antitrust trial […]

Continue Reading

September 21, 2022By Katy Hershberger

Judge Florence Pan Elevated to Higher Court

September 21, 2022By Katy Hershberger

As expected, the Senate confirmed the elevation of Judge Florence Pan — who is currently deciding the PRH-SS antitrust trial — to the US Court of Appeals for the District of Columbia. It has not yet been announced when Judge Pan will assume her new role, or what effect the news will have on the timing of her antitrust trial ruling. The DC appeals court is considered the second most important court in the country because of its decisions on government cases, and this marks the second time she has taken a seat vacated by Supreme Court Justice Ketanji Brown […]

Login to read full story

September 12, 2022By Katy Hershberger

DOJ’s Post-Trial Briefs Restate Their Case

September 12, 2022By Katy Hershberger

In a confident and assured filing of “findings of fact and conclusions of law,” the Department of Justice restated for the final time their case to block Penguin Random House’s acquisition of Simon & Schuster. “The proposed acquisition is precisely the march toward concentration and monopsony power that Congress enacted the Clayton Act to prevent. One entity’s control of almost half of the nation’s anticipated top-selling books threatens competition in multiple ways. Authors’ advances would fall—advances that they use to pay their bills and that reflect compensation for their work. The contractual terms publishers offer authors would worsen. Authors would […]

Login to read full story

September 9, 2022By Katy Hershberger

PRH Releases Post-Trial Briefs

September 9, 2022By Katy Hershberger

The antitrust trial is only just now officially over. On Wednesday the parties filed their final objections to each other’s “proposed findings of fact and conclusions of law” (which were submitted last week), and by the end of day today redacted versions of all of those extensive documents become public. Only PRH’s redacted public filings were available as of press time; we will provide a full analysis of all of the filings when the DOJ’s are available. The findings of fact lay out in numbered sequence each party’s interpretation of the key evidence presented at trial. As we have suggested […]

Login to read full story
  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to page 4
  • Go to page 5
  • Interim pages omitted …
  • Go to page 11
  • Go to Next Page »

sidebar

Primary Free Sidebar

Login

Forgot Password Quick Pass User Login
Get Full Access
The Publishing Industry’s Essential Daily Read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • S&S Signs Haberman and Swan Book About "Donald Trump's Final Act in Public Life" November 27, 2023 Axios
  • Barnes & Noble is ending support for older Nook e-readers November 17, 2023 The Verge
  • Publishing Coalition Files Brief with Appeals Court Asking to Uphold Ruling Blocking Texas's "Reader" Book Banning Law November 14, 2023 Filing
  • Entangled Acknowledges "Printing Errors" On Yarros's Just-Released IRON FLAME: "We are committed to making this right" with Exchanges November 11, 2023 Variety
  • Bridgewater Says THE FUND "Is ridiculous and couldn't be any further from the truth" November 8, 2023 Press Release
  • Librarians Fired for Refusing Book Bans Try Filing Discrimination Claims with the EEOC November 8, 2023 AP
  • What 35 Years of Data Can Tell Us About Who Will Win the National Book Award November 7, 2023 Public Books
  • "Silent Book Clubs" Gain In Popularity November 7, 2023 WSJ
  • WH Smith Launches Program to Buyback Used Books for Credit (With A Partner That Will Then Resell the Used Books) November 2, 2023 Company site
  • Abu Dhabi's Mubadala (Which Bid on Simon & Schuster) May Invest Further In Silver Lake's Bid to Take Endeavor Private November 2, 2023 Bloomberg
Publishers Marketplace logo

Contact Us

News

  • Publishers Marketplace
  • Report News
  • Discuss
  • Classifieds
  • Rights Offerings

Deals

  • Report A Deal

Books

  • Buzz Books

Jobs

  • Job Board
  • Privacy Policy Terms of Use