Simon & Schuster has acquired the largest Dutch publishing group Veen Bosch & Keuning, including all of its publishers in the Netherlands and Belgium, as well as sister companies Thinium and Bookchoice.
In a move that some in the industry will welcome as putting at least a temporary stop to industry consolidation, the private investment firm KKR has reached an agreement with Paramount Global to acquire Simon & Schuster for $1.62 billion in an all cash transaction.
Despite working under the uncertainty of who their new owner will be, employees at Simon & Schuster were able to deliver a record year for the country's third largest trade publisher.
Nearly three years after it was put up for sale by its parent company, Simon & Schuster is back at square one - wondering who its new owner will be. Read more
With the deadline to appeal Judge Florence Pan's October 31 decision closing in, reports from multiple media sources say that Simon & Schuster parent company Paramount Global has decided not to extend its purchase agreement, putting the sale to Penguin Random House close to collapse. Read more
After a flurry of last-minute filings and orders, the U.S. Department of Justice's bid to block Penguin Random House's acquisition of rival Big Five publisher Simon & Schuster is ready for court. Oral arguments are set to begin on August 1 before Judge Florence Pan at the E. Barrett Prettyman U.S. Courthouse in Washington, D.C., with the trial expected to run nearly three weeks.
Jokes circulated online when, in 2013, Penguin and Random House merged: would the new mega-publisher, which became the world's biggest trade publishing group, be known as Random Penguin? Penguin House? Read more
The Authors Guild, along with five other writers' groups and the nonprofit Open Markets Institute, has sent a letter to the Department of Justice asking the government to block Penguin Random House's pending acquisition of Simon & Schuster. Read more
Penguin Random House purchasing Simon & Schuster is not the gravest danger to the publishing business. The deal is transpiring in a larger context-and that context is Amazon.
‘My settings of Europe and English visitors weren't really doing it for them, so we decided Scotland would be good. I thought an island would be great, because it's a small community, and it's an opportunity for my main character to get away from it all. The team at HarperCollins have been so supportive and enthusiastic... Read more
For the past five years or so, I've read books on my phone. The practice started innocently enough. I write book reviews from time to time, and so publishers sometimes send me upcoming titles that fall roughly within my interests. Read more
The Guardian calls Irish-Indian poet Nikita Gill "Britain's most-followed poet on social media"-she has 780,000 Instagram followers and 180,000 TikTok followers, and her Instapoetry has been reshared by the likes of Khloe Kardashian, Alanis Morissette, and Sam Smith-and she has published seven volumes of poetry and two novels in the U.K. But she is far less known on this side of the pond. Read more
Nikkolas Smith knows a thing or two about book bans. The illustrator has created five picture books over the last three years-four of which have been yanked off library shelves. There's I am Ruby Bridges, about the civil rights icon; That Flag about the confederate flag; Born on the Water, which explores slavery; and The Artivist which features a child supporting trans kids.
Simon & Schuster has acquired the largest Dutch publishing group Veen Bosch & Keuning, including all of its publishers in the Netherlands and Belgium, as well as sister companies Thinium and Bookchoice.
The Publishers Association (PA) has criticised the government's response to a House of Lords report on AI, saying that it has failed to make "any tangible commitments to protect the creative industries against mass copyright infringement".
My publisher wife looks across at me reading a proof of one of her soon-to-be-released thrillers. 'The setting is great, isn't it?' she says. 'Really good,' I reply. 'Very generous.' Read more
'I'm very reassuringly honest'
‘My settings of Europe and English visitors weren't really doing it for them, so we decided Scotland would be good. I thought an island would be great, because it's a small community, and it's an opportunity for my main character to get away from it all. The team at HarperCollins have been so supportive and enthusiastic... Read more