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". Read more
The three-week trial over Penguin Random House's $2.2bn merger with Simon & Schuster has caused widespread debate in the UK trade over the role of advances and the Department of Justice's "absurd" focus on high-earning authors. Read more
One of the largest antitrust trials ever to hit the publishing industry is unfolding in a federal courthouse in Washington. The Department of Justice says that the proposed merger announced in 2020 between Penguin Random House and Simon & Schuster would stifle competition.
The Department of Justice has claimed Penguin Random House's $2.2bn merger with Simon & Schuster will create a duopoly and damage competition in the US, as both sides made their closing arguments in court.
Penguin Random House's attorneys responded today to the Department of Justice's efforts to block its acquisition of Simon & Schuster, attacking the government's main complaint, that the purchase would "likely result in substantial harm to authors of anticipated top-selling books and ultimately, consumers."
A writer scored a significant victory over publishers this week, when comic book giants Marvel and DC - who had tried to block Graham Jules from using "superhero" in the title of his self-help manual Business Zero to Superhero - backed down after more than two years, just before a hearing in London. Read more
The man in the video says there's a simple reason why I'm not rich. "Most people have a scarcity mindset," he explains through a thick Australian accent, addressing the camera like a wise mentor lecturing a student. "Top-tier people-actual movers and shakers that are doing things-have an abundance mindset." Behind him, an ancient sword hangs on the wall. For some reason, he's in a bathrobe.
Unlike English native-speakers, I didn't really encounter gothic novels in the first twenty-or-so years of my life. I grew up in the French-speaking part Switzerland, and my modern and medieval literature studies focused on French authors and their preoccupations. Therefore hearing the concept of ‘gothic' as a formative genre for the English psyche didn't really mean much to me... Read more
'As someone who's on their sixth novel and has had their ups and downs, I'm aware of how privileged and lucky I have been, and what a shock it can be for debut writers - all the reality of that world, and that new voice and when the book doesn't quite take off, it's a shock.
Publisher Spines will charge authors between $1,200 and $5,000 to have their books proofread, designed and distributed with the help of artificial intelligence
The 11th edition of the China Shanghai International Children's Book Fair ended its three-day run on November 17. Post-event statistics from co-organizer BolognaFiere showed that 41,262 attended the fair, including 17,081 professional visitors. A total of 353 professional events, book launches, and reading promotion activities were held. Read more
In These Strange New Minds: How AI Learned to Talk and What It Means (Viking, Mar.), neuroscientist Christopher Summerfield explores how large language models work.
The poet Ted Kooser turned 85 this year, and the Pulitzer Prize winner and former poet laureate of the United States is as productive as ever, with Copper Canyon Press putting out his latest volume, Raft, earlier this fall.