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A Blog About Books and Reading

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Penguin Random House

PublishingThe Colophon

In ominous signs for Big Five publishers, PRH CEO departs and HarperCollins moves to lay off 5% of its North American workforce

January 31, 2023January 31, 2023

HarperCollins is also facing an ongoing strike by some 250 unionized employees.

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PublishingThe Colophon

Markus Dohle, CEO of Penguin Random House, to leave position by year’s end

December 9, 2022December 14, 2022

PRH president and COO Nihar Malaviya will become interim CEO as of January 2023.

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PublishingThe Colophon

Paramount Global cancels deal to sell Simon & Schuster to Penguin Random House after antitrust ruling

November 22, 2022December 14, 2022

PRH reiterated its belief that Judge Pan's decision was wrong and that it had intended to appeal.

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PublishingThe Colophon

Judge Florence Pan finds a “compelling case” that the proposed merger of PRH and S&S would result in “substantial harm” to industry competition

November 9, 2022November 9, 2022

Judge Pan's decision helps protect that part of the publishing ecosystem that does not fall under the umbrella of the Big Five.

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PublishingThe Colophon

U.S. judge Florence Pan rules against publishers in decision blocking the merger between Penguin Random House and Simon & Schuster

November 1, 2022November 1, 2022

The U.S. Department of Justice called the ruling "a victory for authors, readers, and the free exchange of ideas."

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PublishingThe Colophon

“No special treatment”: Madeline McIntosh, PRH U.S. CEO, claims in court that books are treated equally in-house, notwithstanding the stature of the author or the amount paid for them

August 16, 2022August 16, 2022

"Once a book with a big advance is in-house ... it gets no special treatment," McIntosh said on the stand.

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PublishingThe Colophon

Publishers as “angels” and other weird assertions from Markus Dohle cap a busy week at DoJ v. PRH antitrust trial

August 8, 2022August 8, 2022

Dohle suggested on the stand that publishers resembled the "Silicon Valley of media" and compared their work to that of angel investors in business.

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PublishingThe Colophon

Stephen King and Jonathan Karp square off in the early days of the DoJ/PRH/S&S antitrust suit

August 3, 2022August 3, 2022

"When I started in this business, there were literally hundreds of imprints, and some of them were run by people with extremely idiosyncratic tastes, one might say."

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Publishing

Final briefs filed in PRH/S&S merger fight with U.S. Department of Justice

July 26, 2022July 28, 2022

The suit to block the proposed merger is set to begin in a Washington, D.C., court on Monday, August 1.

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PublishingThe Colophon

Penguin Random House defends proposed merger with Simon & Schuster; Cuomo ordered to repay profits on COVID memoir

December 15, 2021June 14, 2022

Two ongoing battles surround the proposed deal to combine two of the world’s largest publishers and the financial woes of a former New York governor.

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