Markus Dohle, CEO of Penguin Random House, to leave position by year’s end
PRH president and COO Nihar Malaviya will become interim CEO as of January 2023.
Judge Florence Pan finds a “compelling case” that the proposed merger of PRH and S&S would result in “substantial harm” to industry competition
Judge Pan's decision helps protect that part of the publishing ecosystem that does not fall under the umbrella of the Big Five.
U.S. judge Florence Pan rules against publishers in decision blocking the merger between Penguin Random House and Simon & Schuster
The U.S. Department of Justice called the ruling "a victory for authors, readers, and the free exchange of ideas."
Publishers as “angels” and other weird assertions from Markus Dohle cap a busy week at DoJ v. PRH antitrust trial
Dohle suggested on the stand that publishers resembled the "Silicon Valley of media" and compared their work to that of angel investors in business.