27 Burst results for "Penguin Random House"

"penguin random house" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:42 min | 6 d ago

"penguin random house" Discussed on Bloomberg Radio New York

"Biden signed an executive order in July of 2021, promoting competition in the American economy. It directs the federal government to enforce the nation's antitrust laws and prevent companies from taking advantage of labor and potential competitors called promoting competition in the American economy, it includes 72 actions targeting anti competitive practices in tech healthcare and other parts of the economy while boosting workers wages and consumer protections. Rather than competing for consumers, they are consuming their competitors. Rather than competing for workers, they're finding ways to gain the upper hand on labor. And too often, the government is actually made it harder for new companies to break in and compete. I expect the federal agencies and they know this. To help restore competition. So that we have lower prices, higher wages, more money, more options. And more convenience for the American people. And a key task for the Biden administration's push to expand antitrust enforcement is a trial going on in Washington, D.C.. The Justice Department is suing under antitrust laws to block the largest U.S. publisher from buying the fourth largest, contending the merger with thwart competition hurt authors and ultimately readers. I've been talking to Jennifer ree, Bloomberg intelligence senior litigation analyst. This is an industry that's already undergone consolidation Penguin Random House that name shows consolidation. Right. You know, I think that's one of the most important points here. In particular, the Department of Justice has said, they really want to broaden out the kinds of deals that they challenge. And broaden out the antitrust approach to mergers. And one of the things they want to think about more are just industries that have trended toward consolidation. That as you see a trend toward consolidation you kind of want to nip it in the bud before it gets too far and too consolidated under your nose. And you're exactly right. This is an industry that's had loads of consolidation in the last couple of years. And not only that, this top 5 companies that the DoJ is talking about have been accused of colluding in the past. And that's another theory that DoJ will have. Hate the fewer you have, the more likely it is that they can collude in the future. Now, this has been described as a key test for the Biden administration's push to expand antitrust enforcement. Do you see it that way? You know, I do, because as I said, this concept that we're going to look at the merger's impact on labor is fairly untested and new in court to rest the entire theory of harm just on that theory and go to court with it is fairly new and untested. So we'll see how they can prove that and how the district court judge views that and it could lay the groundwork for future challenges to mergers that are based on the impact on labor. So it is very new in that way. And I think also with respect to what you just talked about, that it's an effort to sort of stem the tide of consolidation in an industry that's been trending in that direction. And it will be interesting to see how much the judge takes that into account as well. So Biden signed an executive order in 2021 promoting competition in the American economy, has the Justice Department been following through with more antitrust, lawsuits. Oh, I absolutely think so. Yes, I think both the Department of Justice and now also the Federal Trade Commission now that there is finally a full slate of 5 commissioners and a three commissioner democratic majority

Biden administration Washington, D.C. Jennifer ree Penguin Random House Biden DoJ federal government Justice Department Bloomberg government U.S. Federal Trade Commission
"penguin random house" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:45 min | Last week

"penguin random house" Discussed on WNYC 93.9 FM

"Super beneficial in for David Bronco. Two separate court battles kick off today around one question in two very different industries. How big is too big? The Justice Department is trying to block a pair of mergers. In one case, the same company that owns the nation's largest insurance firm UnitedHealth Group wants to buy a healthcare data company. The other case is in publishing one of the world's largest publishers, Penguin Random House wants to buy Simon and Schuster. And in that case, the Biden administration is making some novel antitrust arguments. Marketplace is lily jamali has more. The post to block Penguin Random House's merger with Simon and Schuster is standard fodder for the Justice Department, no matter who's in The White House, says George hay of Cornell law. That's not an exotic case or a case that's really out there on the frontiers of antitrust. That's fairly straightforward. Two giants joining up at the same already consolidated industry. The usual argument against that would be that it results in higher prices for consumers. But NYU laws Eleanor Fox says this Justice Department is making a different cutting edge argument that a merger could hurt authors, resulting in one less possible bidder for their work, limiting how much they can make. But it might mean that we'll have fewer choices of who writes the books. The books on their shelves. Fox says it's one example of the Biden administration's more aggressive stance towards antitrust enforcement. It believes that the country has been too lax in letting industries consolidate. And she says Biden's DoJ is going a lot further than its predecessors did to push back. I'm lily jamali for marketplace. All right, let's do the numbers

Penguin Random House David Bronco Biden administration Justice Department lily jamali Schuster George hay UnitedHealth Group Simon Eleanor Fox Cornell The post White House NYU giants Fox DoJ Biden
"penguin random house" Discussed on Pop Culture Happy Hour

Pop Culture Happy Hour

05:21 min | 2 months ago

"penguin random house" Discussed on Pop Culture Happy Hour

"Lim, hit me. Penguin Random House audio presents. I was better last night. A memoir, this is the author, Harvey fire scheme. Oh boy. Yeah, it is. That is actor writer activist Harvey firestein, his memoir. I was better last night. It's a good read. It's a great listen though, because that voice is iconic. He's got stories to tell this guy, and they're not just showbiz stories, because yeah, there's coming of age in New York City in the 60s and the 70s and 80s, you know, Warhol's factory off off Broadway theater, drag shows, alcoholism. And of course, the aids epidemic, the book is funny and candid and moving in places, and when it comes to straight cultures, lack of response to aids, it is, I think, righteously, angry, he's held onto it, rightly so. He does a great job documenting the fear that straight people were treating him with, even as they were throwing awards at him, like pelting him with Tony's at a distance. It's a chronicle of a history that I don't think we can afford to forget by someone who lived through it. It's dishy. And ever since starting it, it has affected me. I'll be home of an evening. I'll look up and I'll sort of gaze into the middle distance, and my husband will say, what is it Glenn? And I'll say, Penguin Random House audio presents. I was better last night. And now that you've heard it, you will never unhear it, and I hope that you and your loved ones with it as well. Very good. That is Harvey firestein, memoir. I was better last night. Oh, beautiful. Thank you very much, Glenn Weldon. All right, Tobin Lowe, what is making you happy this week? My, what's making me happy is kind of a surprise even to myself because I believe that I appeared on this very program trash talking the first season of it, but the second season of bling empire just dropped on Netflix, it's the sort of Crazy Rich Asians reality TV show. And I remember feeling like the first season was just trying to do way too much. It was trying to culturally educate. It was trying to sell you on these characters and that they were just as dishy as any other reality show. And so I didn't like it very much. But the second season I will say, I feel like they've settled into what it actually is, which is just a trash reality show. They're doing that thing where when someone says something bad about another person, the person hearing it takes that piece of information and goes directly to the person being trash talked and communicates it right to them. It just feels like season two came back and I was very pleasantly surprised by how in the Netflix universe of Selling Sunset and these reality shows. It just drops right in there as enjoyable reality TV that is not trying to be more than what it is. So I would surprisingly now recommend season two of bullying empire. Yeah, you know, sometimes when you're reach exceeds your grasp, you adjust your reach rather than your grasp. And it sounds like that is what you are saying. So bling empire, thank you very much Tobin Lowe. What is making me happy this week? Sometimes you have to acknowledge that you have written about something, but someone else has written about it better. Now you can read my review of the very strange TV adaptation of the novel of the time traveler's life, which follows the not very well regarded film adaptation, but I also really have to recommend that.

Penguin Random House Harvey firestein Tobin Lowe aids Glenn Weldon Broadway theater Lim Warhol Harvey New York City Netflix Glenn Tony
"penguin random house" Discussed on Gee Thanks, Just Bought It

Gee Thanks, Just Bought It

05:52 min | 6 months ago

"penguin random house" Discussed on Gee Thanks, Just Bought It

"Want to maybe bring your newsletter to life a little bit, especially for listeners who might be interested. I want to ask you a few frequently asked questions that I'm sure you get that I know I had when I started. And then I still even knowing the answer and not totally confident that answer hasn't changed or that oh actually this is a case by case thing. So a little background on us is that you found me during the time when I did the Euro message Twitter feed. You reached out to me and I was 24. And I remember thinking, I'm going to be a millionaire now. This is it. This is it. I'm going to be a millionaire. I've hit it. I think it was my big break in a lot of ways. I still consider it my big break, but in my mind, I was like, well, I was like, mom, dad, I don't have to work anymore. I don't have to have a job, and I'll pay off your mortgage. But we were like, what is that you didn't tell me that then? Well, I feel like I think I figured out pretty quickly. That did not happen. But we wanted to make a book out of this was sort of still at the peak of tumblr. Tumblr to book urban outfitter books kind of time period. And we were like, well, what would a book about this culture look like? And you know the answer Kate is the show pen 15. And every day every day I get very sad that I didn't think of that. But one day, maybe they'll want me in their writers room. Who knows? Oh, man. That's true. That's totally right. But it's that show is so perfect. And I'm so happy it exists. And it exists in the same time capsule of your weight message. But we basically, I didn't know what an agent did. So FAQ number one, what is it? Who is an agent? What is an agent do? So a literary agent is just like an actor's agent, but with books, which is like the tiny thing, especially for the West Coast crowd. We help writers get book deals. We work with the writers. We don't work for the publishers because everyone while my mother was like, oh, what publisher do you work for? I say all of them. Because it's true. And so I'm the author's advocate. And I answer all the questions, and I have all the experience and I'm not afraid to go ask for more money because that's literally my job. And can a writer who has a book, get their book published without an agent. Yes, but it is harder. It's like, yes, asterisk, because there are plenty of people who like an editor reaches out to them and say, hey, you're awesome when you write a book. Here's contract. And you're not going to be immediately screwed, you know. I mean, the publisher works for themselves. They don't advocate it for you. So you have to advocate yourself. But it's not the worst idea in the whole entire world. And there's also publishers who you could self publish, you could do it all by yourself. That's totally reasonable and fine and advantageous. But the big publishers, what we call the big 5, Penguin Random House, Simon and Schuster, et cetera, et cetera, et cetera..

tumblr Twitter Kate West Coast Penguin Random House Schuster Simon
"penguin random house" Discussed on The One You Feed

The One You Feed

05:59 min | 7 months ago

"penguin random house" Discussed on The One You Feed

"Penguin Random House audio dot com backslash health. Another word that I think runs through that book a lot is trust. He's always going on about trusting, trusting in the difficult. Like you said, I think to give something time to ripen is to trust it. You know, you trust, it will come along. I think that that is actually the stance the posture, the activity that we most need right now as we're facing. So much hardship, fear, and explicable challenging, falling away of what we used to be able to have faith in, and whether it's our government or our. Notions of God and his angels. Do you have any German? Eric. I don't. I should give a lot of my ancestries, German, but I do not speak it. Well, that you all love this just to trust his Ferrari. And because it linked to truth, it's sort of hanging on to a conscience. There's truth as truth in being patiently and faithfully with something. This has been very much in my mind. It's interesting that you mention it. Because I'm thinking of the young people now. Looking at a lifetime that's so challenged right now, with what's falling apart and with what's the climate is doing and what science is saying and how can we build trusting each other and in ourselves. And when we ask ourselves that question the question itself helps. I want to be trusted. Worthy. Trust myself. And how hard that must feel when it look at what happening around us. Both. With the falling away of the natural world, but also what's happening in our human culture. We're not acting very.

Penguin Random House Ferrari Eric
"penguin random house" Discussed on The Book Review

The Book Review

04:57 min | 8 months ago

"penguin random house" Discussed on The Book Review

"Liz Harris joins us now with some news to the publishing world hey list. Hi Pamela. So as we've discussed, Penguin Random House, which is the biggest publisher in the country by far, is trying to buy Simon and Schuster, which is one of its rival publishers, which is a lot smaller than Penguin Random House, but still one of the 5 biggest publishers in the country, the group that's often called the big 5. The Justice Department has sued to stop this merger saying that it would be bad for competition. And what's interesting about this case is that instead of saying it would raise prices for consumers so like books and bookstores will cost more, which is usually how these things are argued. The government is saying it would be bad for authors, particularly authors that sell the most books and get the biggest advances. And the argument is that those books tend to be published by the biggest publishing houses because they're expensive. So that market would go from 5 publishers to four, which could mean lower advances for big authors. And so some industry groups have also opposed the merger, the American booksellers association, which represents independent bookstores and the authors guild which represents authors, both have express support for what the Justice Department is doing. And this week, Penguin Random House in Simon and Schuster filed a response in federal court to the government's lawsuit saying, predictably, that the government is wrong. They are arguing that basically the Justice Department fundamentally misunderstands how publishing works. They say that it's not just 5 big publishers. It's this big vibrant ecosystem, which includes other major companies that publish books like Disney and scholastic and Amazon and hundreds of small and mid sized publishers as well. And they say that on any given deal, at least one smaller publisher will often compete and that some of the biggest authors in the country are not published by the big 5, like someone like Jeff Kinney, for example, who writes diary of a wimpy kid series..

Penguin Random House Liz Harris Justice Department Simon Schuster Pamela American booksellers associati government scholastic Disney Amazon Jeff Kinney
"penguin random house" Discussed on Entrepreneur on FIRE

Entrepreneur on FIRE

05:05 min | 8 months ago

"penguin random house" Discussed on Entrepreneur on FIRE

"Moves into this place. And then all of a sudden he's got like 10,000 views to this talk. And he's doing the outreach that I taught and then he's got a 100,000 views. Then he's got 500,000 views. And he's like, dude, I can't keep up with my email inbox and Twitter. He didn't have so he didn't have Instagram and he had like no presence at all. Again, he was a high school dropout living on his mom's couch in the basement. And he goes 500,000 views a million views 2 million views. He's like, I'm getting asked. He long story short. He lands 300 paid speaking gigs all over the world. He helps to raise millions of dollars for mental health charities, which is what his intention was in the beginning. And now, almost ten years later, I talked to him. He's an adult now. And he owns a house on the ocean and has an agency that helps people tell their stories because that's what he did. Penguin Random House is the largest book deal that they'd ever given someone his age. 6 figures at the age of I think 20 or 21 when they picked up. Wow. So that was the first guy out of the hop. Now you did a TEDx talk. As you mentioned, that was actually the first exposure that you had to TEDx. And then you've gone on to help over 200 people. Land TEDx talk stages. So let's talk about your TEDx talk. Where was the idea? Where did that come from? What were the results? Talk us through this. For anyone who's listening to this, it's a bunch of entrepreneurs. I'm guessing you probably have some people that have a message that isn't just like, I want to grow my business and therefore I should get more promotion. The people that I love to help lands at X stocks, they're doing it because it's a vehicle to get something way bigger than them into the world. So the idea that I had back in the day was like, I wanted to raise money to build schools and developing countries. That was literally what I kind of lived for at that time life. And so I did this thought of how to build a school in three hours, and it was 18 minute talk. And it went well. And so a few thousand people after that talk signed up saying they wanted to build a school. And I was a real estate agent at the time. And I was like, oh my God, this could be a real thing. So I talked to my business partners, and I was like, you guys, I want to do this school building thing full time. Can you buy me out of the real estate company? So they gave me a little bit of money not that much, but give me a bit and said, you know, beat it..

Penguin Random House Twitter
"penguin random house" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:18 min | 9 months ago

"penguin random house" Discussed on Bloomberg Radio New York

"Bend shot joins us to explain Explain when it's time for brands to rename themselves when they do it That's an excellent question There are many reasons why brands would rename Numbers don't be as you can think of as a merger So when penguin and Random House merged the well held its breath because they were hoping it might be penguin house or even random penguin but obviously they chose them also that Penguin Random House But there are also brands that renamed for other reasons So there are certain brands that get tainted by very bad publicity or doing very bad things So you can think of Blackwater the mercenary company that changed its main or Philip Morris the cigarette company that changed its name There are brands that want to reject that section So for example weight watchers became WW because they didn't want to have the association with weight if only Duncan donuts became Duncan because people were not really eating donuts They were buying coffee and they didn't want to be tied to the donuts name And we've seen a whole suite of brands including aunt jemima and uncle Ben's who have rebranded or read on logos in order to basically react to changing fashions and changing styles of what we now consider to be acceptable So there's a whole reason why brand change their names or rebrand or rename But it doesn't always work does it I'm thinking of weight watchers everyone that I know still calls it weight watchers and Dunkin Donuts everyone still says Dunkin Donuts Well I think this takes time I mean there are brands that change their name and it doesn't work And our brand that changed their look montrose went through various logos and has now no long term I think it's interesting I do think it takes time And I do think you can nudge people into having a different perception of your brand over time This is a ten 15 year plan I imagine for something like weight watchers it takes time and you know it is the brand that people want over time My favorite is the brand the British from the car turned warehouse that for years now this old car phones and more had a warehouse but it still had that name So now what is Mark Zuckerberg trying to do with the name change Because what comes to mind at this particular point where Facebook or meta has so many critics and is facing some problems it seems like they're trying to run away from that Well there are a myriad of explanations I think one of them is this notion of brand washer Obviously Facebook is a deeply unpopular company for very good reasons But what's interesting is the company is associated with the social platform app For Facebook contains multitudes on the one hand you've got Facebook the app which monetizes social and political dissent and Instagram that monetizes fomo But on the other you've got WhatsApp And what that is the backbone for hundreds of millions of people all around the world I think 94% of Kenyan use WhatsApp Facebook is a complex company some very very bad elements and some very good elements I would argue including for example WhatsApp So Facebook is clearly trying to find a way to distinguish elements of its company It's on the one hand you can say it's trying to run away from its difficult press But you can also say if it really is serious and Mark Zuckerberg is serious about the meta verse then having a name like meta is not a stupid idea it may be cynical but cynicism often works So every time you say the word matter it makes you think of the matter It makes Facebook own the metaverse a little bit more I think we can be skeptical but brand words matter So if you think about for example Starbucks Starbucks says trademark dozens of words of Anthony Grande Frappuccino puppetry no affogato Now every time you use that an Italian may shudder but it makes you more of a Starbucks customer By putting their words into your mouth they win What's your take on the new logo Is it impressive It's not And I think the logo is not unlike the name I think both of them are absolutely fine Before it was launched I was asked what I thought would be success And I think success for Facebook in this particular instance is not failing I think it will deliver the brand that instantly was a disaster in 24 36 hours It didn't insult some country wasn't horrifically rude in some language It wasn't egregiously copyright or trademark infringement So these survived in incentives the bar was low and they managed to clear it In terms of the look and feel I think it's incredibly sort of straightforward and unimaginative But that may be the point to be using the in-house typeface that they used in 2019 for the capital Facebook or in capital letters and they've made it capital in and meta I think it's very straightforward It doesn't scare the horses It's very bland The sort of infinity that squashed infinity shape keeps the Facebook blue It has a gradient It actually looks sort of old fashioned It almost looks sort of a form of brand ten years old And actually I think that might be part of the strategy They want to sneak in under the radar Have something that's easy on ejection and to try and move the conversation forward If that works well that remains to be shared Thanks Ben That's been shot a Bloomberg opinion.

Facebook Penguin Random House Duncan donuts penguin Mark Zuckerberg Random House Philip Morris Blackwater jemima Dunkin Donuts Starbucks Duncan Anthony Grande Ben Bloomberg
"penguin random house" Discussed on The Book Review

The Book Review

03:29 min | 9 months ago

"penguin random house" Discussed on The Book Review

"Liz Harris joins us now with some news in the publishing world hey list. My Pamela, so there was big news this week that surprised many most people in publishing. Penguin Random House, which is the largest publisher in the United States by far, wants to buy Simon and Schuster, which is another one of the really major publishers. And because of the size of the deal on the market share, the companies would have the Department of Justice has been scrutinizing the deal really carefully. And on Tuesday, they sued to block it. And aside from the implications for publishing, that has really broad implications for how the Biden administration is going to approach antitrust concerns in general. Because for years, antitrust has sort of focused on whether or not a deal would harm consumers, which generally means whether it's going to lead to higher prices. But there's this growing movement among lawmakers and academics that that approach is too narrow. And the government should also look at potential harm to people like competitors, suppliers and workers, which in this case means authors. And specifically, authors of the biggest and bestselling books and the focus of the department of justices argument is that because pain and Random House and Simon and Schuster are often the last two bitters standing for the biggest books, combining the two companies will harm authors. And lower their advances. And they also say they're will eventually be fewer books because of the deal. Payment Random House is playing to fight this and they push back very hard on both of those arguments. First, they say that the rationale for the acquisition is to find savings on the back end and that they have no plans to publish your books, haven't modeled it are going to do it. And in September, they announced that if the two companies were combined, they would still be able to bid against each other when their auctions for book projects, and they'd be able to bid against each other as they do now. They did say that at a certain threshold like well above a $1 million for an advance, there would be some oversight, but it's not clear exactly what that would mean. So there are a lot of people in the industry who are quietly or not quietly celebrating this move. But one group that's pretty nervous about it are many of the authors and staff at Simon and Schuster. Because that company is for sale, no matter what. It's owned by Viacom CBS, which put it up for sale last year. And if PH doesn't buy it, somebody else will..

Liz Harris Penguin Random House Biden administration Simon department of justices Schuster Pamela Department of Justice Random House United States Viacom CBS
"penguin random house" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:49 min | 9 months ago

"penguin random house" Discussed on Bloomberg Radio New York

"Major publishers in the country and the federal government wants it to stay that way So it's suing to stop the number one publisher Penguin Random House from buying the number four publisher Simon and Shuster in a more than $2 billion deal Joining me is Jennifer ree Bloomberg intelligence senior litigation analyst Well first of all what is the goal of this merger Well the goal of the merger according to what the companies are saying now is to become more efficient I mean essentially it's what most big merging parties would say But in order to provide better cloud or better leverage as against Amazon which is a big seller of books out there and also just to become more efficient as some of the advances that go to the really big top selling authors have gone up The Justice Department is suing and it says if the merger went ahead the deal would give Penguin Random House nearly half the market for publishing rights to blockbuster books While its nearest competitors will be less than half its size Tell us about why the Justice Department is suing here Well it's an interesting theory because usually when two companies come together what the Justice Department is looking at is whether they are two competing sellers of products and as a result of the merger the price of those products they sell will go up because they'll have more market power and they'll have the ability to increase the price This is what's called a monopsony case They are buyers of products So essentially they are paying authors for the rights to publish those authors work Their books And the concern here is that if they come together and they have that much leverage they're that much bigger than all the other publishing houses that could be bidding for these top selling books that authors will start getting paid less And as authors start to get paid less fewer can afford to write in the upshot would be fewer books for consumers to buy less innovation less variety So the concern here is the fees that get paid to authors to write books and they're mostly focusing on big top selling authors They're arguing that a top selling author the competition will be less because it will be down to four large publishers instead of 5 Is that a good argument Yes So it's four rather than 5 which a 5 to four merger it depends on the industry It depends on market shares sometimes these kinds of cases have been successful for the DOJ and sometimes not 5 to four is sort of borderline But in this case it looks like the market would be very way toward the merged entity What the DOJ is saying here they don't give exact market shares but what they're saying is that together they be far larger than the other three that are left So even unilaterally they'd have disability to depress the wages being paid to authors And they do actually June have a lot of examples in the complaint of bidding that occurred that drove these advances way up that was just bidding between these two companies Penguin Random House and Simon and Schuster that ultimately up some of these advances by sometimes even in the millions of dollars So they do have examples of where the two of them go head to head and compete to increase those prices So theoretically as a result of this merger that might not happen anymore because the other three that are left just may simply not be able to play in the same ballpark Does any part of the Justice Department's intent here concern the fact that one of these companies is German Oh no I don't think so at all If there was any kind of concern about a German buyer it would actually be dealt with the committee on foreign investment in the U.S. over the Department of Justice that they'll look at foreign buyers and ask whether there's a U.S. national security issue In this case I don't think that is of concern or even being contemplated by the DOJ I think the main issue here is a new interest particularly pushed by Merrick Garland and promoted by Biden's July executive order to look at the impact of mergers on labor and on prices that are paid It's always been a theory of harman antitrust but not used often and rarely is there a lawsuit brought based on this theory So it's kind of novel I just say kind of because it is a valid antitrust theory There have been mergers that have settled in the past and not gone to litigation on the basis of this kind of depressing the wages or monopsony type theory particularly in agriculture but what we haven't seen is a lawsuit on this basis So it's going to be very interesting to see what happens in court here The authors guild which supports the DOJ's complaint said the DOJ statements recognize the burden book authors currently face and we hope that today's decision is a signal that the DOJ may be finally expanding the definition of antitrust to consider the impact on creators Do you think that's what's going on here Well I think it's meant to describe what I just talked about I have seen a lot of references to the concept that they're expanding ideas in antitrust and expanding the harms I don't so much see it as an expansion because impact on creators or not just creators but impact on any kind of a wage earner let's say Has been an issue in antitrust in the past It's just doesn't come up a lot and we haven't seen a lawsuit So I think to some observers this seems very novel But in the agriculture markets for example the Department of Justice will always look at the prices paid to the small farmers by let say meat processors that are trying to merge And in fact there have been antitrust price fixing lawsuits in the past related to the fixing of wages paid to creators in Silicon Valley So it's not the first time that this has been considered an antitrust harm It's just the first time we're going to see a merger that is challenged in court on the basis of that theory Coming up where is the Biden administration been focusing its antitrust enforcement efforts This is Bloomberg.

Penguin Random House Justice Department DOJ Jennifer ree Bloomberg Shuster Simon committee on foreign investmen federal government blockbuster Merrick Garland Amazon Schuster U.S. harman Biden Silicon Valley Biden administration Bloomberg
"penguin random house" Discussed on Borne the Battle

Borne the Battle

04:16 min | 10 months ago

"penguin random house" Discussed on Borne the Battle

"Got there are so many positive things I got out of my military experience that helped me literally every day in the business that I'm in. It has helped me build a business that helped me create my first book, my second book. It's helping me every day that I'm working right now on my third book, I'm under contract with Penguin Random House, which is like a phenomenal that's a dream come true. Top of the pyramid there. So I'm working on that third book. But all that I learned in the military I'm leveraging and have been, ever since the day I got out. And so that's been a powerful testament to I'm so grateful for the experience. You know, what I learned about myself, what I've learned about self discipline about organization skills about communication, making hard calls, dealing with fear, there are so many different aspects that led me to this point. And like I said, I've been using it since the very beginning. I mean, I started this business and it's still one of those pinch me moments. I started this business with a kinko's business card and a sky pager. Literally. You know, literally. Those are my two assets that I had. And then my business and all the things. Yeah, that's it. This is two things. But we tend to discount all the stuff that we bring to the table. You know, we are walking one man one woman army, you know, in that moment. Even though I'm air force I'll use that analogy. But I'm just saying we discount our talent ability experience education, life lessons, all the conversations we've had, the trainings we've been through, I mean, we tend to discount that. We are an amazing fountain of good stuff. And the military helped me leverage mine. And so that's why I've always been grateful for that experience because it really got me to see things in myself that I didn't know were there. And got me to use things in myself that I hadn't been able to use or leverage before. So it was a very empowering. I think you never forgot it. And I'm still growing it. Yeah..

Penguin Random House kinko
"penguin random house" Discussed on Mac OS Ken

Mac OS Ken

02:34 min | 11 months ago

"penguin random house" Discussed on Mac OS Ken

"Hard this ball. The cupertino streamer issued a press release wednesday announcing not one not two but three kids series set to premiere by the middle of october first. Stop wolf boy and the everything factory. The release says the ten episode animated epic follows wolf boy an imaginative on ball who discovers a strange realm at the center of the earth where fantastical beings called sprites create things for the natural world on the surface. Clouds trees. rabbits dreams hiccups memories time everything with his newfound sprite. Friends wolf boy learns that not only can he use the creative energy of the everything factory to make his wild imagination come to life but he is destined to play a central Friends wolf boy learns that not only can he use the creative energy of the everything factory to make his wild imagination come to life but he is destined to play a central role in the age old battle between the forces of creation and destruction will boy soon comes to realize that being different is what makes them special and ultimately that it's the oddballs and dreamers. Who changed the world. I know spoilers still. You're gonna sit your kid down in front of this. You might want to know what you're setting them down in front of all ten episodes of the show drop on friday. The twenty fourth of september next in line get rolling with otas based on the penguin random house book series by lauren. Long the release says the show welcomes young viewers. Too long hill. Dairy farm. Home to otis the tractor and all his friends. Otis may be little but he has a big heart whenever he sees a friend. In need he hits. The brakes asked how they're feeling and rolls into action to help you and yours can get rolling with owed us on friday. The eighth about tober then last in line puppy place based on the bestselling books from scholastic the release as puppy plays chronicles the adventures of dog-loving siblings charles and lizzy peterson and the puppy. Pows they foster in search of forever homes. Each of the eight live action episodes tells the story of a puppy who finds his or her way to the peterson. Family charles and lizzy.

penguin random house tober otis lauren Otis lizzy peterson charles peterson lizzy
"penguin random house" Discussed on The Book Review

The Book Review

05:38 min | 1 year ago

"penguin random house" Discussed on The Book Review

"His next project is his first audio original. it's also his first work of fiction. It's coming out in september and it's called. no one goes alone. So this is really eric larsen. Who of course is well known as a historical nonfiction writer branching out into new territory in multiple ways. This is a project he's been working on for more than a decade and it's very spooky. When it's time to halloween. It looks at the ghost. Hunting exploits of the psychologist philosopher. William james who was a very avid seeker in terms of spirituality. But he was also interested in the occult and so when eric larsen was researching james for project. He was working on another book. He became curious about james's belief in ghosts and created this spooky story where james and some of his colleagues go to a haunted house on a on an island and their plan is to study what these occurrences could become from and of course it takes a very deadly surprising. Turn into the supernatural. So something very different for eric larsen and also something quite different for penguin random house audio to see a major publisher releasing a work in audio. Not only i. But exclusively is interesting. Because i think the general consensus among publishers until now has been the more formats. You have a book out in the better. Your often dependent on that print edition being in stores as kind of a advertisement for the audio book. So when you don't have the print edition and you don't have people seeing it in the usual places. How are they going to discover it. It does help to have an author with a pretty avid fan. Base like eric larsen. But it's interesting to think that audio is being separated out and treat it. Does its own john..

eric larsen james William james penguin random house john
Prince Harry Working On 'Intimate and Heartfelt Memoir'

Morning News with Manda Factor and Gregg Hersholt

01:51 min | 1 year ago

Prince Harry Working On 'Intimate and Heartfelt Memoir'

"Prince Harry will soon release his memoir, maybe sees Deborah Roberts has the story just months after his stunning Oprah interview was reportedly angered the royal family, the Duke of Sussex, announcing plans to pin his own life story. Saying in a statement. I am not writing as the Prince I was born. But the man I've become. My hope is that in telling my story the highs and lows the mistakes, the lessons learned. I can help show that no matter where we come from, we have more in common than we think it's really going to focus on the people that have helped shape his life. And really come to discover the experiences that he's had made him the man. He is today the untitled memoir in the works since last year and will span Harry's entire life from his childhood in the spotlight to present day living outside the palace. The book reportedly a surprise to his father, Prince Charles. Tensions between Harry and the royal family have been high since he stepped away from his duties to make a life in America. So when I asked the question, why did you leave? The simplest answer is lack of support. And lack of understanding the publisher Penguin Random House, saying Harry will give the definitive account of the experiences that shaped him one of those becoming a husband and a father. But she also discussed with Oprah, I guess Highlight for me. Is Sticking him on the back of the bicycle. And his little baby, see? And take him on his boat rides or something which I never was able to do when I was young. This is the first time in modern history where a senior royal has written his or her own memoir, Usually other people write those books. The publisher says it will be released in 2022 Harry says proceeds will go to charity. But as you can imagine, there are strong opinions across the globe, many asking why others saying good for him?

Deborah Roberts Duke Of Sussex Prince Harry Harry Oprah Penguin Random House Prince Charles America
A Big Publishing Plot Twist: Penguin Random House to Buy Simon & Schuster for $2.2 Billion

Business Wars Daily

05:09 min | 1 year ago

A Big Publishing Plot Twist: Penguin Random House to Buy Simon & Schuster for $2.2 Billion

"Biggest news to hit the publishing industry this year. Possibly several years happened last wednesday. And we're betting that you missed it after all. You were probably contemplating cooking a turkey for two and planning zoom thanksgiving dinners with relatives right so just in case here. It is again the parent company of penguin random house's buying simon and schuster for two billion dollars penguin random house or pr h has already america's largest book publisher according to the new york times. Should the acquisition go through and there are some caveats which will get to pr. H will be. The industry's first mega publisher. The times claims. Let's delve into this just a little bit as we've talked about here before simon and shuster is among the oldest of today's big five publishing houses and one of the most distinguished dick simon and schuster founded the company in nineteen twenty four. The partners first product was hardly a literary masterpiece. It was a book of crossword puzzles. And according to simon and schuster's corporate historian it was a runaway bestseller today. Almost one hundred years. After the lowly crossword puzzle got the entrepreneurial venture off the ground simon and schuster or s operates in a different stratosphere. Today it is america's third largest publisher over the years it's published scads of famous even legendary authors including ernest hemingway and f scott fitzgerald also political figures from both sides of the aisle including jimmy carter hillary clinton and donald trump and contemporary authors. Like bob woodward stephen king and anti prue as well as judy blume s prints and authors have won fifty seven pulitzer prizes and innumerable other literary awards including several caldecott medals one of the highest honors given to children's books the company now sells about two thousand titles annually all told s and s takes in close to nine hundred million dollars a year but early this year. Parent company viacom. Cbs decided to go all in on streaming video in sports looking to cut close to a billion dollars in operating expenses ceo. Bob bakish announced that s wasn't what he called a core asset hence the sale in march the rumored price for us and s was one point two billion dollars a bidding. Were hike the final price to two point. Two billion dollars among other contenders america's second largest publisher harpercollins also vivendi. A french company. That owns a stake in. American publisher has yet and rupert murdoch's news corp clearly penguin random house's parent german media giant bertelsmann was willing to pay top dollar for s and s one reason in addition to the competition between publishers for blockbuster bestsellers the big five face. A formidable rival in certain amazon and when it comes to fighting off amazon size matters since two thousand nine amazon has been a publisher. Not just the world's largest both retailer today. It has sixteen imprints that publish everything from thrillers. To romance novels it signs. Top selling authors like dean koontz patricia. Cornwell taking them and their millions of sales away from traditional publishers in two thousand seventeen amazon published more than twelve hundred titles according to the wall street journal if those numbers have grown in the last three years amazon could well already rival simon and schuster for the volume of new works. It's producing what makes amazon such a tough competitor is a book publisher of course is it status as a bookseller. Moreover it has a number of marketing weapons that traditional publishers. Do not such as the ability to easily promote low priced e books to millions of amazon prime members and kindle owners. The wall street journal reports that along with oodles of cash to lure away big name authors as the largest american publisher penguin. Random house has the clout and logistical network to compete successfully with amazon. The merged company would have annual revenues of three billion dollars according to book industry bible publishers. Weekly but we should note here. The acquisition faces obstacles worthy of an epic novel authors and agents represented by the authors guild. Say such a deal will make it even harder for new authors and so called mid list writers to get published meaning. If you haven't written a blockbuster or a solid backlist title your chances to get published and your earnings could shrink. Pr h says. Simon and schuster will remain editorially independent and both publishing houses say they remain devoted to readers and writers still publishers weekly reports that by blending s. npr h german-owned. Bertelsmann would own about one third of the us book market. That's the number that could trigger antitrust. Investigators to closely scrutinize the deal. According to the new york times but those market share numbers are in dispute in both directions. The authors guild which causes tie up says a combined. Pr h. s. would wind up publishing half of all trade books in the us. Meaning not textbooks penguin. Random house's leadership argues not true and says future market share would be less than twenty percent and that an antitrust investigation is unlikely what happens next will likely hinge on which of these numbers comes closest to reality

Penguin Random House Schuster Amazon Dick Simon Simon F Scott Fitzgerald United States Bob Bakish News Corp Random House Shuster Judy Blume Bob Woodward Dean Koontz Patricia
"penguin random house" Discussed on WLS-AM 890

WLS-AM 890

05:01 min | 1 year ago

"penguin random house" Discussed on WLS-AM 890

"With the ridiculous story about Penguin Penguin Random House staffers trying to get Jordan Peterson's book canceled. Okay, so Jordan Peterson's book Last month. 12 rules for life, which is great if you read it. Jordan's a friend. It's I love Jordan joins a really, really good guy. Jordan's book sold three million copies, three million copies. So many crappy woke books. That's all 5000 copies. Jordan Peterson's books supported How much money the publisher made off of Jordan Peterson's good book, Something published a bunch of won't crap that sold seven copies. A lot of those books published because Jordan Peterson exists, apparently, according to Vice World News, several Penguin Random House candidate employees confronted management about the company's decision to publish a new book that controversial Canadian psychologist Jordan Peterson at an emotional town hall on Monday. Dozens more have filed anonymous complaint. Okay, so Like So what? I'm so tired of company's being run by the peons. That's not how this works. I run a company. We love our staffers. We love them so much that we pay them and we support them, and we provide them as employees with the insurance, which they are entitled. And if they tried to run the editorial on this site, if they tried to tell me how editorial should be run here, they would be fired and they would find themselves unemployed. The idea that they would come to me crying, crying about decision to publish Jordan Peterson is unthinkable and unthinkably stupid. It's ridiculous. Yet it's taken seriously in the halls of corporate power because they're so unwilling to defend the First Amendment and broadness of speech protections that they won't stand up for their own values. It's all about the sensitivity of their own employees, as other art 10 employees waiting to get in door in the middle of a global pandemic could work in a publishing house. On Monday. Penguin Random House, Canada, Canada's largest book publisher in a subsidiary of Penguin, Random House, announced We publishing beyond order 12 more rules for life by Peterson to be released in March, 2021. The book will be published by portfolio in the US and Penguin Press in the UK Both part of the Penguin Random House empire for Penguin, Random House, Canada employees who did not want to be named, you can do to concerns over their employment. Well, good. They should be concerned. So the company held a town hall about the book Monday. Okay. Can I tell you something? We're never gonna do it. This company all the town hall is not gonna happen if you got a complaint, come and talk to me about it. We're not holding town halls were not holding whining grievances, sessions, not a thing that is going to happen. Very much. Executives defended the decision to publish Peterson, while employees cited their concerns about platform and someone who is popular in far right circles. He's an icon of hate speech and transphobia the fact he's an icon of white supremacy, regardless of the content of his book. I'm not proud to work for a company that publishes him a junior employee who is a member of the LGBT community and who attended this town Hall told Vice World News. Okay. Well, if you're not proud to work, there's the door enjoy. They held a town hall anyway. By the way, the idea that he's an icon of hate speech, Transphobia is absurd on its face. I love this employee says the fact that he's an icon of white supremacy, regardless of the content of his book. So doesn't matter if his book explicitly denounce is white supremacy. All that matters is that they're a bunch of people I don't like who like his book. That means we should ban this book. This is preemptively burn books. Why not? He hasn't read the book. But let's preemptively burn the thing and another employee said People were crying in the meeting about how Jordan Peterson has affected their lives. They said one coworker discussed how Peterson and radicalized their father, another talks about how publishing the book will negatively affect their non binary friend. The company since June, has been doing all these anti racist and l, A ship things and then publishing Peterson's book goes completely against this. It just makes all of their previous efforts seem completely performative. Okay, spoiler alert guys. Their efforts were completely performative. Man. I'm glad you're just noticing this now, But yeah, all these corporations, they're doing performance of weakness to shut you up because your perspective is annoying to them. They'll do it because they don't want legal liability and they don't want HR grievances. But if it comes up between here we could publish a book that's gonna sell three million copies and you guys got a little bit. That's a pretty obvious decision. But the fact that this is even being taken seriously speaks to the leftist mentality that is not about free speech. And it is not about any sort of diversity of thought. It is simply about Who gets to rule that is all. Penguin Random House Canada employees that the company was secretive about releasing the new book once had the title didn't appear in an internal database that normally includes all future books. Junior employees, and I feel it was deliberately hidden and dropped on us once it was too late to change course again. You have options. One of those options is not working there. You can do it. I've done that before. When I disagree with publication, I walked out the door. I disagree with bright part in 2016 and how they handle the particular controversy. I left. You can do it to any time you damn well, please bear of the courage of your convictions. You just want to take control of the company itself. We'll get to more of that in just one second first, so, folks, if you really enjoy the Ben Shapiro, shall we have a bunch of other shows over at daily wire, and they are all worth listening to let Michael Moore's tell you about his show Everybody Michael Knowles here. You ever hear that Ancient Chinese curse? May you live in interesting times. Well, we're living in them. But it's tough to make sense of these times when mainstream journalists lie to us politicians ignore us, and even the scientists seem to get Everything wrong. Luckily, there is hope. Come check out the Michael Knowles show at the Daily wire. You can listen.

Jordan Peterson Penguin Random House Canada Penguin Random House Penguin Press Vice World News Canada publisher Michael Knowles Ben Shapiro US UK Michael Moore
"penguin random house" Discussed on Slate Money

Slate Money

07:04 min | 1 year ago

"penguin random house" Discussed on Slate Money

"We now have a two point two billion dollar deal which i guess by the standards of emanate manet transactions is quite small but by the standards of book publishing. It's absolutely enormous webuye. Random penguin or penguins house. I never know which one those two. I prefer which is owned by this. Massive german publishing house called bertelsmann is going to buy or his said they wanted has agreed to by simon and schuster which is the third-biggest publisher in america. Four point two billion dollars and according to a statement from news cool which. I don't know if i take this at face value. But i haven't seen anyone say that it's not true. This will create a publishing house with seventy percent of all literary fiction. They basically have seventy percent of all these novels in america and they have about a third of the entire book market. If this this looks to me like a monopoly and it looks to me like bertelsmann's trying to create a monopoly and does anyone disagree. And if they are. Shouldn't this be looked. I don't agree. I think this could be very bad for book publishing in general especially for authors. There's one bless house to compete for authors and titles so that means lower advances that means bigger titles. There's already all this consolidation in the book business and there's a tendency now the trend. Is you know big blockbuster. Titles simon and shuster made a lot of money this year because of they they had the john bolton book and the mary trump book penguin random house made a lot of money this year because they had the obama book and the other obama book and so the consolidation isn't really good news for people care about you know interesting books getting published. It's just more bad news and it is a monopoly but at the same time i sent around this piece of franklin four wrote in the atlantic. About how this is actually not about book publishing per se or book publishing companies but is actually about amazon because while this combined company would have a third of the book publishing market amazon has about half of book publishing distribution. So it's like maybe a counterweight to that. I don't know how convinced are very like amazon's position in book. Sales is clearly monopolistic. And as if you remember back a million years to the episode. We talked about when they go into a big fight with has shed <hes>. You know they basically stopped shipping shit bugs and they will mock is unavailable in this kind of thing in this big fight. They are not afraid to play t when it comes to fighting with book. Publishers and it is color ripley possible. I suppose that a combined penguin random house and simon and schuster is going to be so big that they will be able to stand up to amazon's bullying a little bit about better. And i kind of by that but everything else that frank wrote in that piece is just like. Oh my god. You're such a fogy. And he was like. I'm plus he was like we need to do something about this amazon monopoly without ever saying what it is that we need to do is very hard to break up that monopoly at this point. Is you know full of us trying to like bookshop to amazon. Like it's not going to move the needle verify thousand just has that monopoly that monopoly incidentally is so entrenched in people's minds. The people simply assume that amazon has a monopoly everywhere else as well and it doesn't and this is one of the weird things about amazon. Is that because his daunted is a bookstore and because it has such a powerful position in books every time it makes an announcement like it did last week saying oh we're moving into pharmaceuticals and prescriptions. Oh my it's going to have napoli in prescription. Of course it's not gonna have a monopoly and prescriptions. Books are unique. There were very very unique. Market it does seem absolutely obvious that the big loser here is authors and especially authors of fiction. Because what always used to happen. Is you'd have an auction. Your agent would like send out your manuscript to a bunch of different publishers and then highest bidder would win but now when all of those different publishers owned by the same company they basically just agree between each other which one of them is going to make the bed and then they don't need to worry about what the other one's going to because they all know that they're not going to receive a competitive bid from one of the others so it's very bad for author advances. I is that enough for the doj to try and stop this anti monopoly of i. Don't yeah it's a good question. I mean i think from what we've seen recently. It seems like it's definitely more likely than anyone probably would have said like five years ago. I mean he had like the mcgraw hill. S- engagements textbooks but still that was merged that with stopped on antitrust grounds. So i i think this will definitely be scrutinized quite a bit whether or not they consider the consider it a obviously a less competitive market whether the considerate monopolistic is definitely up for debate. The other losers here are going to be. You're gonna have a lot of people are gonna lose their jobs if this goes through about specifically what they said in terms of where you get you know your your synergies is that they're gonna cut a bunch of sales and marketing jobs and they. I've got more importantly they're going to cut a bunch of like weird back in like you know that whole infrastructure of printing and distribution now can be like diedhiou placated which we east coast media types. Don't like to think about like the truck is driving the books around to bookstores. Whatever books a big heavy physical objects which way like a lot of physical. Wait if you add. The mola something like the obama but with seven hundred pages and sold two million copies already. That's a lot of just logistics of moving around the country and those logistics or get centralized and that's a bunch of savings right there and one of the interesting things about the book industry right now is the covid. Pandemic has her book printing clients at exactly the same time as everyone is reading more books especially things like mary trump. and so. There's this incredible crunch all of the publishers who who were meant to be publishing books right now which have been sheduled for months or a year pushing them back because there's just no capacity to print them because you have people like barack obama mary trump just dominating the printing presses so we're gonna have a lot of books really crowding onto the book shelves in the next year or two which have been pushed back. Thanks to cove it. Yeah he also had a lot of books pushback because authors weren't gonna be able to tours and so publishers. Were concerned about that. So they push a big names as well

amazon obama simon bertelsmann america schuster publisher doj mcgraw hill franklin napoli frank Pandemic diedhiou john bolton
Penguin Random House to Buy Simon & Schuster

Slate Money

07:04 min | 1 year ago

Penguin Random House to Buy Simon & Schuster

"We now have a two point two billion dollar deal which i guess by the standards of emanate manet transactions is quite small but by the standards of book publishing. It's absolutely enormous webuye. Random penguin or penguins house. I never know which one those two. I prefer which is owned by this. Massive german publishing house called bertelsmann is going to buy or his said they wanted has agreed to by simon and schuster which is the third-biggest publisher in america. Four point two billion dollars and according to a statement from news cool which. I don't know if i take this at face value. But i haven't seen anyone say that it's not true. This will create a publishing house with seventy percent of all literary fiction. They basically have seventy percent of all these novels in america and they have about a third of the entire book market. If this this looks to me like a monopoly and it looks to me like bertelsmann's trying to create a monopoly and does anyone disagree. And if they are. Shouldn't this be looked. I don't agree. I think this could be very bad for book publishing in general especially for authors. There's one bless house to compete for authors and titles so that means lower advances that means bigger titles. There's already all this consolidation in the book business and there's a tendency now the trend. Is you know big blockbuster. Titles simon and shuster made a lot of money this year because of they they had the john bolton book and the mary trump book penguin random house made a lot of money this year because they had the obama book and the other obama book and so the consolidation isn't really good news for people care about you know interesting books getting published. It's just more bad news and it is a monopoly but at the same time i sent around this piece of franklin four wrote in the atlantic. About how this is actually not about book publishing per se or book publishing companies but is actually about amazon because while this combined company would have a third of the book publishing market amazon has about half of book publishing distribution. So it's like maybe a counterweight to that. I don't know how convinced are very like amazon's position in book. Sales is clearly monopolistic. And as if you remember back a million years to the episode. We talked about when they go into a big fight with has shed You know they basically stopped shipping shit bugs and they will mock is unavailable in this kind of thing in this big fight. They are not afraid to play t when it comes to fighting with book. Publishers and it is color ripley possible. I suppose that a combined penguin random house and simon and schuster is going to be so big that they will be able to stand up to amazon's bullying a little bit about better. And i kind of by that but everything else that frank wrote in that piece is just like. Oh my god. You're such a fogy. And he was like. I'm plus he was like we need to do something about this amazon monopoly without ever saying what it is that we need to do is very hard to break up that monopoly at this point. Is you know full of us trying to like bookshop to amazon. Like it's not going to move the needle verify thousand just has that monopoly that monopoly incidentally is so entrenched in people's minds. The people simply assume that amazon has a monopoly everywhere else as well and it doesn't and this is one of the weird things about amazon. Is that because his daunted is a bookstore and because it has such a powerful position in books every time it makes an announcement like it did last week saying oh we're moving into pharmaceuticals and prescriptions. Oh my it's going to have napoli in prescription. Of course it's not gonna have a monopoly and prescriptions. Books are unique. There were very very unique. Market it does seem absolutely obvious that the big loser here is authors and especially authors of fiction. Because what always used to happen. Is you'd have an auction. Your agent would like send out your manuscript to a bunch of different publishers and then highest bidder would win but now when all of those different publishers owned by the same company they basically just agree between each other which one of them is going to make the bed and then they don't need to worry about what the other one's going to because they all know that they're not going to receive a competitive bid from one of the others so it's very bad for author advances. I is that enough for the doj to try and stop this anti monopoly of i. Don't yeah it's a good question. I mean i think from what we've seen recently. It seems like it's definitely more likely than anyone probably would have said like five years ago. I mean he had like the mcgraw hill. S- engagements textbooks but still that was merged that with stopped on antitrust grounds. So i i think this will definitely be scrutinized quite a bit whether or not they consider the consider it a obviously a less competitive market whether the considerate monopolistic is definitely up for debate. The other losers here are going to be. You're gonna have a lot of people are gonna lose their jobs if this goes through about specifically what they said in terms of where you get you know your your synergies is that they're gonna cut a bunch of sales and marketing jobs and they. I've got more importantly they're going to cut a bunch of like weird back in like you know that whole infrastructure of printing and distribution now can be like diedhiou placated which we east coast media types. Don't like to think about like the truck is driving the books around to bookstores. Whatever books a big heavy physical objects which way like a lot of physical. Wait if you add. The mola something like the obama but with seven hundred pages and sold two million copies already. That's a lot of just logistics of moving around the country and those logistics or get centralized and that's a bunch of savings right there and one of the interesting things about the book industry right now is the covid. Pandemic has her book printing clients at exactly the same time as everyone is reading more books especially things like mary trump. and so. There's this incredible crunch all of the publishers who who were meant to be publishing books right now which have been sheduled for months or a year pushing them back because there's just no capacity to print them because you have people like barack obama mary trump just dominating the printing presses so we're gonna have a lot of books really crowding onto the book shelves in the next year or two which have been pushed back. Thanks to cove it. Yeah he also had a lot of books pushback because authors weren't gonna be able to tours and so publishers. Were concerned about that. So they push a big names as well

Amazon Bertelsmann Random Penguin Simon Schuster Barack Obama America John Bolton Shuster Mcgraw Hill Franklin Atlantic Frank DOJ Mary Trump
Penguin snaps up Simon & Schuster, creating mega publisher

Glenn Beck

01:09 min | 1 year ago

Penguin snaps up Simon & Schuster, creating mega publisher

"Random House Canada employees confronted management about the company's decision to publish a new book by controversial Canadian psychologist Jordan Peterson. At an emotional town hall Monday, and dozens more have found anonymous complaints, according to four workers who spoke to Vice World News. On Monday. Penguin Random House, Canada, Canada's largest book publisher and a subsidiary, a Penguin, Random House, announced it will be publishing beyond order. 12 more rules for life by Peterson to be released in March, 2021. The book will be published by portfolio in the US and Penguin Press in the UK, both part of the Penguin Random House empire. Four Penguin Random House candidate employees who did not want to be named due to concerns over their employment, said the company held a town hall about the book Monday during which executives defended the decision to publish Peterson why employees cited their concerns about platform ng Someone who was popular in far right circles. How

Jordan Peterson Random House Penguin Random House Canada Four Penguin Random House Penguin Press Peterson UK United States
Barack Obama memoir off to record-setting start in sales

Morning News with Manda Factor and Gregg Hersholt

00:22 sec | 1 year ago

Barack Obama memoir off to record-setting start in sales

"Obama has his sights. Set on a mark for presidential book sales. Ah, promised land sold nearly 890,000 copies in the U. S and Canada in its 1st 24 hours of being on sale that puts it well on his way to being the best selling presidential memoir in modern history. Publisher. Penguin Random House, says the Obama sales numbers included printed copies, preorders e books and audio versions of the book.

Barack Obama U. Penguin Random House Canada
Obama Memoir Sells More Than 887,000 Copies on First Day

Kentuckiana's Morning News

00:37 sec | 1 year ago

Obama Memoir Sells More Than 887,000 Copies on First Day

"Obama's new book is on its way to becoming the best selling presidential memoir in modern history. Penguin Random House announced that the first volume of a promised land sold more than 887,000 copies in the U. S and Canada on the first day of release Tuesday. That figure also includes preorders Bill Clinton's My Life sold around 400,000 copies on its first day and George W. Bush's decision points around 220,000. The book follows the former press. But its path to the White House up to 2000 and 11 and the killing of Osama bin Laden. That's correspondent Lisa Matteo.

Penguin Random House Barack Obama U. Bill Clinton Canada George W. Bush White House Osama Bin Laden Lisa Matteo
Obama Memoir Sells More Than 887,000 Copies on First Day

The Afternoon News with Kitty O'Neal

00:22 sec | 1 year ago

Obama Memoir Sells More Than 887,000 Copies on First Day

"Memoir is an overnight success. Penguin Random House reports that 88. 7000 copies of the promised land have been sold. That includes sales from the United States, Canada and pre order sales. Before the book released on Tuesday, the company says that this book is the most that they've ever sold in their company. On the first day. This is making records for them. Okay. And

Penguin Random House United States Canada
Bookworms Are Loving Ebooks, According To OverDrive

The Tech Guy

02:57 min | 2 years ago

Bookworms Are Loving Ebooks, According To OverDrive

"Reading more books I'm so glad. We're reading more books? Did. You know your local library. Yeah you have one still. Your local library. Hope you have a library card because they have e books and audiobooks there did you know that? And increasingly people are taking out the e books. There's two big programs that are widely used. For for this and it's you know it's it's because the publishers don't want you to get free books. So they actually sell these books to the library and they put limitations on them. How many can be loaned at any given time for how long and how many years they have access to it. They pay on average according to this article in wired. Forty Bucks, the libraries do for these books. So take advantage of this. There are two different programs. What you should do is check your local library. Make sure you have a card first of all I. Hope you do and then check to see which of the two programs. they used one call. they have four, hundred, thirty, nine library systems well, no I'm sorry they have four, hundred, thirty, nine new library systems since March. Twenty percent increase the other one is called overdrive. They actually have fifty thousand libraries worldwide. overdrive says the checkout of e-books fifty, two percent since last year. Sure. You'RE NOT GONNA go library and take out a physical book but an e book you can do online and why not? They do that with audio books to. Is a bit of really nice free to you. Library it's not free to and I wish that publishers weren't so. I duNNo. finicky. Since twenty eleven Penguin. Random House has shet Harpercollins, Simon Schuster McMillan. They they either limit library lending of books by time two years, for example, or the number of check-outs. Twenty six or fifty, two since two bad you in the library buys a book. They'll have to spend extra money on it and they can check it out. You know you can check as many times you want. But the publishers you know how nervous they are getting. Robbed or whatever. Twenty dollars to sixty five dollars a copy of the book, and they have limits on how often they can. But still so they buy them. So do it let us take advantage of it? Get that library card. You might even be able to do that without going in. That would be nice. Get that library card in. And take advantage of this. Nice. Thank you libraries. Thank. You and we talk a lot about technology. But the book is a book is a book and even if you get an e book form, that's still that's reading. That's good.

Simon Schuster Mcmillan Shet Harpercollins
"penguin random house" Discussed on 760 KFMB Radio

760 KFMB Radio

01:35 min | 3 years ago

"penguin random house" Discussed on 760 KFMB Radio

"Crew heard a pop around nine forty in the evening. They tried to put out a they ran out here. Father was a fire. Tried to put it out themselves realize it was too big. They call the fire department. Several alarms were sounded and multiple engines, call the managers suspects. It was more than a crime of opportunity of some vehicles were targeted you. See there's eight vehicle affected six of them. Look like, they're they're losses on it. Police say they have surveillance video of the cars being lit on fire. They're studying that footage today. Police are searching for three men responsible for a smash and grab robbery at a jewelry store in National City. Happened yesterday afternoon at the alpha and omega jewelry store police say the suspect smashed five or six display cases grabbing his much jewelry as they could and employees tried to chase after them. But they got away. Former first lady Michelle Obama's memoir becoming could become the best selling memoir in history. CBS news about piper has the story. Russillo. Bama is this close to setting a record her memoir becoming which came out in November could become the best selling them more in history. According to German media conglomerate that has a controlling stake in penguin Random House. The book just surpassed ten million copies sold and that only includes the English Spanish and German language. Territories. It was already the best selling adult. Nonfiction book published in the US in two thousand eighteen becoming follows the journey from the former first lady's childhood and the south side of Chicago to life after the White House that Weber CBS news. Now, here's news as Heather.

CBS Bama penguin Random House Michelle Obama crime of opportunity White House robbery US Heather Chicago piper National City
Why the 2019 Indian election feels different to 2014

Between The Lines

05:19 min | 3 years ago

Why the 2019 Indian election feels different to 2014

"Today. We chat with one of the world's leading communists about India richer Shama from Morgan Stanley. He's argument is that in rural India old class divisions. Still rule local politics which could spell trouble for Narendra Modi in my elections, plus climate change student politics, a divide between two impressive school students. Stay with us for that. Well, you might recall Narendra Modi's landslide election victory five years ago. How to believe but twenty four nine huge landslide election victory Ahmadi. Now, we lived the BJP this is the Hindu nationalist party live them to power. This was the first Indian prime minister in thirty years to govern without a coalition any Hedda rare opportunity to enact market friendly reforms that had stalled under his predecessor Manmohan Singh now until relatively recently Modi's BJP was odds on favorite to be reelected. But such as the magic politics that Modi's chances of victory. And now fifty fifty says, my guest richer Shama is chief global strategist at Morgan Stanley investment management. And he's author of a terrific new book called democracy on the road at twenty five year journey through India as just out by penguin Random House richer. Welcome back to between the lines Gregory back with your own thing. What do you think Modi's? Reelection is no longer a sure thing I think that when I wrote the book, and he was coming across a very United opposition. You just mentioned about how you wanna landslide victory in two thousand fourteen but one very important statistic. From that election was that he only or his party only got thirty one percent of the total vote share in India, and he was able to win a majority of the seats because the parliamentary democracy is so fag minted in India that the opposition is quite divided and you get a disproportionate number of seats with even thirty percent of the vote. So what was changing over the Bosnia? Is that a lot of the opposition parties in India state by state were coming together to put up a United front against that removes? That's really what was changing and why at taught is fog ability or winning the election was now much more fifty fifty than sort of hundred percent probably than most bookies were giving him. I'd say. Euro even to ago now, the only thing which has changed, and this is the changing nature of politics and any country, especially in India is the last couple of weeks they've had this escalated tension between India and Pakistan, and that's sort of please into Modi's hand. So I would say that once again, the the momentum has shifted back in his favor. Just because of the very unexpected develop in that taking place over the past few weeks, the accidents of history we've had on this program. Several times of the last five years, Richard Soudan, undo my from the American Enterprise Institute, you know, and he said that in two thousand fourteen there was an ABC mood that is anybody, but congress this is the the left of center ruling party for so long in India's history. You don't really see an anti Mody y emerging. Then do you know, I think if election is not about that his base remains pretty much intact. But I said the big difference that the opposition is coming together in many states. I'm critical battleground states such as the most populous state of India with really two hundred million people in such critical states the opposition is coming together. And when they do that, then typically the the leading party tends to be in trouble. That's the history of Indian politics. So that to me is the big dynamic at currently. Yes. So in a way, you're saying that these elections in my they more likely to shape up as a series of state contests. It's not really a nationwide contest between Mody and congress is it. That's right know, that the outside world likes to think of it that way because the two names that sort of resonate most with the outside world. I I now in the Gumby dine in but it's important to member that booties. Put together the total vote share in. India is Bailey fifty percent five zero. And so the other half is about all these regional parties in India. And that's really what I've tried to bring out in my book, which that this is the story of many India's India's less a country that our continent like the European Union with many states Funk's practically functioning like countries. And I think that that is the story of India which gets lost in translation to the outside world often. Now, this new book of yours democracy on the road. It's the result of your travels through India following election campaigns, pretty much since the lighten awning ninety south of the last twenty years, and you Rauch quote in an era when democracy is said to be in retreat worldwide, it's thriving in India. Yeah. That's the curse of the fact that when I've traveled for these elections, I find it soon remarkable that despite only advantages that the incumbent

India Narendra Modi Morgan Stanley BJP Shama Bosnia Manmohan Singh Prime Minister Gregory European Union Hedda Congress American Enterprise Institute ABC Rauch Richard Soudan Funk Pakistan
Come Work For Us: We'll Help Pay Down Your Student Loans

NPR's Business Story of the Day

04:27 min | 3 years ago

Come Work For Us: We'll Help Pay Down Your Student Loans

"Support for this NPR podcast and the following message come from NBC's new drama the enemy within Erica shepherd betrayed her country. Now, she's the FBI's only hope in stopping America's greatest enemy. But can she be trusted Mondays beginning February twenty fifth on NBC the size of the average student loan has nearly doubled over the past decade or so collectively Americans carry more than one point five trillion dollars in student loan debt. And some employers are seeing that as an opportunity they're offering to help repay loans on workers behalf as a way to attract and keep their talent. NPR's? Yuki Noguchi reports carrier Brian graduated from college six years ago with a political science degree and twenty eight thousand dollars in student loans. It was stressful because coming out and having to have a a payment of about two hundred seventeen dollars a month. I it just seems like a lot of money to pay back when you don't really know where you're going to be working how much you're going to be making O'Brien. Now twenty-seven wanted to save for a home or a wedding, but loan payments were her biggest roadblock. I've wanted to be debt free before I got married and ideally come to the table with some savings, then a year and a half ago O'Brien joined Fidelity Investments in Irvine California to work in client relations. She was told that after six months, she'd be eligible to have the company contribute to our loan payments. So I quickly marked my calendar. I call my parents at night and told them how excited I was because I had no idea an employer would help you pay off your student loans such benefits are relatively new and unusual. Only four percent of employers surveyed by the society for human resource management offer it, but you can see why it's increasingly popular, especially as school loans, become a bigger shackle. Data suggests student debt is delaying or preventing people in their twenties and thirties from buying homes at the same time unemployment is low and skilled workers hard to find employers who pay down student loans or more attractive. Live especially to younger workers, Kim Wilem is managing partner at Baker Tilley's human resource consulting group millennial turnover is different than any other generation before. And if I'm able to recruit somebody based off this benefit and then retain them for twelve or twenty four months longer than I'm getting a reward out of that. There are possible downsides often if an employee lease before a certain amount of time, they must repay the money. But while him says that can backfire sometimes what we see is that an employee becomes disgruntled, and then they're working they're simply because they don't wanna have to repay. But many say the upside is big at fidelity, for example, more than a quarter of its worker signed up for the program, which is only three years old. It pays up to ten thousand dollars over five years. Oshawa shrieking Taya a vice president of fidelity says those who participate stay longer at the company for us really focusing on retaining those. People especially after we've invested in training them as a really important thing. The program success lead fidelity to now sell it as a service other employers can offer she train beer ball is director of congressional affairs for the site for human resource management. She says loan repayment would be more affordable to nonprofits and small businesses. If congress makes it tax free for employers and workers more employers might be able to offer student loan repayment as a benefit to their employees, even without the tax benefits. Some employers say, it's worthwhile Madeline Macintoshes CEO of penguin Random House, which started offering loan repayment two years ago. She says about ten percent of the publishing companies five thousand employees participate, including she says older people who returned to school or took out loans for kids. I feel like it has really of outsized, emotional or psychological benefits for employees. I feel like if they were ranking it this would be up there at the top. And I don't think it's the most expensive. It's. Cost the company about a million dollars to date, far less. She says than what it spends on health insurance. You can Gucci NPR news Washington support for this podcast and the following message. Come from Comcast business having the nation's largest gig speed network was just the start. Now, they're providing gig fueled apps and solutions that exceed expectations and help businesses perform Comcast business beyond fast.

Taya NPR O'brien Yuki Noguchi Erica Shepherd NBC Comcast Kim Wilem Fidelity Investments Gucci Npr FBI America Oshawa Madeline Macintoshes Washington Baker Tilley Irvine California Congress
"penguin random house" Discussed on Mindfulness Mode

Mindfulness Mode

01:49 min | 3 years ago

"penguin random house" Discussed on Mindfulness Mode

"I save thirteen thousand dollars scape. Living paycheck to paycheck. You know? I, you know, and those emails filled me with a level of joy that was beyond anything. I'd ever felt in my life better than you know, that fifty thousand dollar project better than the first million dollar project. I sold and to be honest like it was such a new feeling like I you know, I grew up and we live in a world where it's like find. Your wife, find your purpose. Find your passion. What makes you happy? I think a lot of those questions put a lot of stress on people. I didn't know my why I didn't know my purpose. I think a lot of people don't know. And that's okay. I had to get myself the time in space, and right and create and my purpose showed up. I I didn't choose this mission. This mission chose me, and it was the level of joy, and it was through that joy and kind of leaning into it. And when you when you are able to kind of find your purpose and mission, it becomes a filter into everything in your life. It makes decision making easier. It makes trade-offs easier. I work harder now than I ever have in my entire life. But it's very different work. I'm not working money. I make money, but that's not the goal. The goal is. How can I, you know, have the biggest impact, and I can tell you the more that I've leaned into that mission. The more opportunities that have opened up to me. And the book became one of those. I obviously write a lot about money. I care a lot about money. I've always wanted to write a book. But you know, it this the synchronicity around how it happened from being on MPR to the agents to the publisher. You know, my editors that are for the Dalai Lama and Brunei Brown and being able to work with you know, such an amazing team at penguin Random House..

MPR penguin Random House Brunei Brown publisher thirteen thousand dollars fifty thousand dollar million dollar