How are the publishers defending the deal?
They also contend that a larger, more efficient company would reduce book prices, ultimately benefiting readers, booksellers and authors. On Tuesday, Karp, Simon & Schuster’s CEO, pushed back against the government’s emphasis on auctions between his company and Penguin Random House that had raised advances, noting the many auctions he’d lost to other publishers as well.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stephen King to testify against his own publishing company in antitrust caseBestselling author Stephen King will testify in a federal court trial on behalf of the U.S. government against a merger of two 'Big Five' publishing companies, including King's publisher Simon & Schuster, according to court documents.
Source: dcexaminer - 🏆 6. / 94 Read more »
Stephen King is set to testify for the government in books merger trialThe author of Carrie, The Shining and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher.
Source: WBUR - 🏆 274. / 63 Read more »
Stephen King to Testify for US Gov't in Antitrust Trial Against Publishing Giants' MergerThe author of “Carrie,” “The Shining' and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher.
Source: NBCLA - 🏆 319. / 59 Read more »
Stephen King to testify for government in books merger trialRenowned author Stephen King is set to take the stand Tuesday at a federal antitrust trial in Washington. He could have played the grinch with little make up. He is one ugly dude.
Source: KPRC2 - 🏆 80. / 68 Read more »
Stephen King to Testify for Gov't in Books Merger TrialRenowned author Stephen King is set to take the stand Tuesday at a federal antitrust trial in Washington.
Source: nbcchicago - 🏆 545. / 51 Read more »
Stephen King Set to Testify for Government In $2.2B Books Merger TrialThe famed author has been a vocal opponent of the proposed union of publishing giants Penguin Random House and Simon & Schuster. It’s like a jury duty you can’t escape StephenKing Hope he loses
Source: THR - 🏆 411. / 53 Read more »