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UNITED STATES OF AMERICA v. BERTELSMANN SE & CO. KGAA et al

  1. August 11, 2022

    Author, Agents Say Advances Only Part Of Puzzle

    A nonfiction author and several agents told a D.C. federal judge on Thursday that there's more to negotiating a book deal than landing the largest possible advance, while throwing cold water on the government's fears over the merger of Penguin Random House and Simon & Schuster.

  2. August 10, 2022

    Agent Says Authors Want Best Deal, Not Most Upfront Money

    A former literary agent told a D.C. federal court on Wednesday that finding the best book deals for authors is more about finding the right editor than securing a high advance payment, as the government continues its bid to block Penguin Random House's purchase of Simon & Schuster.

  3. August 09, 2022

    HarperCollins Chief 'Shocked' By Simon & Schuster Price

    The head of HarperCollins Publishers told a D.C. federal court on Tuesday that his company considered making a bid for Simon & Schuster Inc. but was shocked at the $2.18 billion that Penguin Random House agreed to pay for the publisher.

  4. August 08, 2022

    Publishing CEO Says Merged Rival Would Be 'Intimidating'

    The CEO of Macmillan Publishers told a D.C. federal court on Monday that the planned merger of Penguin Random House and Simon & Schuster would create an "intimidating" publisher capable of acquiring any book it wants.

  5. August 04, 2022

    Penguin CEO Says Simon & Schuster Deal Is For Market Share

    Penguin Random House's CEO said in D.C. federal court on Thursday that the publisher's planned purchase of rival Simon & Schuster is about winning back the share of the book market it has lost over the years, not about gaining leverage over writers.

  6. August 03, 2022

    Judge Queries Simon & Schuster CEO On Bidding For Books

    A D.C. federal judge peppered Simon & Schuster's CEO with questions about the frequency of competitive bidding for book acquisitions during testimony Wednesday on the government's bid to stop Penguin Random House from purchasing the rival publishing house.

  7. August 02, 2022

    Stephen King Testifies The More Publishers, The Better

    Author Stephen King told a D.C. federal court on Tuesday that it's become tougher for writers to make a living from writing, testifying for the government in its bid to block Penguin Random House's planned acquisition of Simon & Schuster.

  8. August 01, 2022

    DOJ Tells Judge Book Merger Would Reduce Author Pay

    Attorneys for the U.S. Department of Justice urged a D.C. federal judge on Monday to block Penguin Random House from buying Simon & Schuster in a planned $2.18 billion deal, contending during opening arguments that the move would cause author compensation to decline.

  9. July 29, 2022

    DOJ Set To Pitch Book Publisher Merger Challenge To Judge

    Prolific scribe Stephen King is among a parade of industry players slated to testify about the business of publishing blockbuster books during a trial that starts Monday over Penguin Random House's planned purchase of Simon & Schuster.

  10. July 20, 2022

    Stephen King To Take The Stand In DOJ Publisher Merger Suit

    The U.S. Department of Justice told a D.C. federal judge that it plans to call legendary scribe Stephen King to testify at trial next month in the federal government's challenge to Penguin Random House LLC's $2.18 billion bid to buy Simon & Schuster.

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