US begins court battle against publishing giants' merger

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The Justice Department has sued to block publishing titan Penguin Random House from absorbing rival Simon & Schuster in a $2.2 billion merger.

In an unusual move, the government’s star witness will be, the renowned and genre-transcending author whose works are published by Simon & Schuster. King is expected to testify during the weekslong trial in U.S. District Court in Washington, D.C.

Opposing attorneys for the two sides will present their cases before U.S. District Judge Florence Pan. Bruce Springsteen splits the difference: His “Renegades: Born in the USA,” with Barack Obama, was published by Penguin Random House; his memoir, by Simon & Schuster.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 380. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

US begins court battle against publishing giants' mergerThe U.S. government and publishing titan Penguin Random House are set to exchange opening salvos in a federal antitrust trial
Sumber: WOKVNews - 🏆 247. / 63 Baca lebih lajut »

What's at stake as book publishing merger faces antitrust trialThe publishers say that “after the merger, the market dynamic will be just the same” and reject the arguments that authors will suffer.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »