Jonathan Karp stepping down as CEO of Simon & Schuster to launch new imprint
The five years Karp spent in the top job at S&S were among the most turbulent in the publisher's 100 year history.
A Blog About Books and Reading
A Blog About Books and Reading
The five years Karp spent in the top job at S&S were among the most turbulent in the publisher's 100 year history.
"Historically underserved communities are home to some of our greatest literary talent," vermette says in a statement.
The agreement remains subject to regulatory approval.
Reisman's return must at least in part be seen as the path of least resistance.
"We long sought to avoid these actions, but unfortunately could not do so."
PRH president and COO Nihar Malaviya will become interim CEO as of January 2023.
Judge Pan's decision helps protect that part of the publishing ecosystem that does not fall under the umbrella of the Big Five.
The U.S. Department of Justice called the ruling "a victory for authors, readers, and the free exchange of ideas."
Dohle suggested on the stand that publishers resembled the "Silicon Valley of media" and compared their work to that of angel investors in business.