Join BookBrowse today and get access to free books, our twice monthly digital magazine, and more.

Penguin Random House defends effort to buy Simon & Schuster

BookBrowse News - The Full Story

Penguin Random House defends effort to buy Simon & Schuster

Dec 13 2021

Penguin Random House, the largest book publisher in the United States, said in a court filing on Monday that its plan to buy a competitor, Simon & Schuster, would be a boon for the industry, benefiting authors, booksellers and readers.

The Justice Department has disagreed. Last month, it sued to stop the $2.18 billion acquisition, as the Biden administration takes a more skeptical view of corporate consolidation across industries...

...The government has been investigating the deal for more than a year and has interviewed competing publishers as well as authors and agents. The case was assigned to Judge Florence Pan, who was confirmed this year to the U.S. District Court for the District of Columbia, and a scheduling hearing is set to take place on Tuesday. Penguin Random House and Simon & Schuster are requesting an expedited trial schedule, with a proposed start date of Aug. 1 of next year.

More News Stories

Support BookBrowse

Join our inner reading circle, go ad-free and get way more!

Find out more


Top Picks

  • Book Jacket: The Familiar
    The Familiar
    by Leigh Bardugo
    Luzia, the heroine of Leigh Bardugo's novel The Familiar, is a young woman employed as a scullion in...
  • Book Jacket: Table for Two
    Table for Two
    by Amor Towles
    Amor Towles's short story collection Table for Two reads as something of a dream compilation for...
  • Book Jacket: Bitter Crop
    Bitter Crop
    by Paul Alexander
    In 1958, Billie Holiday began work on an ambitious album called Lady in Satin. Accompanied by a full...
  • Book Jacket: Under This Red Rock
    Under This Red Rock
    by Mindy McGinnis
    Since she was a child, Neely has suffered from auditory hallucinations, hearing voices that demand ...

BookBrowse Book Club

Book Jacket
A Great Country
by Shilpi Somaya Gowda
A novel exploring the ties and fractures of a close-knit Indian-American family in the aftermath of a violent encounter with the police.

Members Recommend

  • Book Jacket

    The Flower Sisters
    by Michelle Collins Anderson

    From the new Fannie Flagg of the Ozarks, a richly-woven story of family, forgiveness, and reinvention.

  • Book Jacket

    The House on Biscayne Bay
    by Chanel Cleeton

    As death stalks a gothic mansion in Miami, the lives of two women intertwine as the past and present collide.

Win This Book
Win The Funeral Cryer

The Funeral Cryer by Wenyan Lu

Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.

Enter

Wordplay

Solve this clue:

M as A H

and be entered to win..

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.