In the US election this month, books bans and public school teaching restrictions remained hot button issues, according to Andrew Albanese, Publishers Weekly senior writer.
For a close reading of Judge Florence Pan’s ruling to block Penguin Random House’s proposed acquisition of Simon & Schuster, CCC’s Chris Kenneally spoke with Michael Cader of Publishers Lunch.
Upon review of the extensive record and careful consideration of the parties’ arguments’, the government successfully showed that the effect of the proposed merger, ‘may be to substantially to lessen competition’ in the market for the U.S. publishing rights to anticipated top-selling books.
Supply chain issues have troubled book publishers since the pandemic began over two and a half years ago. As 2022 nears its end, the logistics gremlins are dramatically showing up in the bottom line.
