Mobileread
Penguin S&S Random House?
#1  Dazrin 11-24-2020, 10:29 PM
I've seen a couple articles today about a possible sale of Simon and Schuster to Bertelsmann AG - owner's if Penguin Random House.

https://www.msn.com/en-us/money/companies/viacomcbs-near-sale-of-simon-26-schuster-to-bertelsmann/ar-BB1bk1xF

It feels like consolidation is happening faster and faster.

Looks like S&S being shopped around was first mentioned here: https://www.mobileread.com/forums/sh...d.php?t=327827
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#2  binaryhermit 11-24-2020, 10:57 PM
At what point do antitrust regulators start to object to consolidation like this?

(I'd argue the rise in non-big5 publishers that ebooks help enable might actually be beneficial to this merger's chances)
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#3  bookmarked 11-25-2020, 07:24 AM
So will they call the company PenguinS & Random HouseS?
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#4  Uncle Robin 11-25-2020, 07:43 AM
SS Random Penguin sounds like a cool name for a Publishing House, a sinking ship whose world is threatened by change, like real penguins'
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#5  Quoth 11-25-2020, 09:32 AM
Quote binaryhermit
At what point do antitrust regulators start to object to consolidation like this?

(I'd argue the rise in non-big5 publishers that ebooks help enable might actually be beneficial to this merger's chances)
And there is Amazon. Who will destroy everyone else. Their Audiobook system Audible is now a lending library that pays nothing to Authors. Did any regulators stop Amazon buying MobiPocket, various publishers, the two companies that they merged to make CreateSpace, IMDB, Goodreads, Abe Books, Book Depositary, an alternate eink display rights, KDP Select, Kindle Unlimited and Prime which are anticompetitive and cheat content providers?

The takeover / merger should go ahead.

The resulting outfit needs to wakeup!
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#6  pdurrant 11-25-2020, 10:22 AM
Given the way they just amalgamate names, surely they'll become "Penguin, Random, House, Simon and Schuster". Also a great name for a law firm.
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#7  Quoth 11-25-2020, 12:12 PM
Quote pdurrant
"Penguin, Random, House, Simon and Schuster". Also a great name for a law firm.
One of those needs to be repeated and House dropped. But yes!

https://edition.cnn.com/2020/11/25/media/simon-schuster-penguin-random-house/index.html

At least it's neither Corona or Election or Brexit news.
Brexit is now facing a Wurst Kase scenario.
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#8  JSWolf 11-25-2020, 12:14 PM
The best name for a law firm is Dewey, Cheatem, Andhow.
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#9  issybird 11-25-2020, 12:36 PM
Quote Quoth
And there is Amazon. Who will destroy everyone else. Their Audiobook system Audible is now a lending library that pays nothing to Authors. Did any regulators stop Amazon buying MobiPocket, various publishers, the two companies that they merged to make CreateSpace, IMDB, Goodreads, Abe Books, Book Depositary, an alternate eink display rights, KDP Select, Kindle Unlimited and Prime which are anticompetitive and cheat content providers?

The takeover / merger should go ahead.

The resulting outfit needs to wakeup!
A few random comments:
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#10  leebase 11-25-2020, 12:42 PM
I think the Audible reference was in regard to Audible's return policy....which some authors think is overly generous to the customers. ie, they can listen to the book and still get their money back.

Amazon says they monitor for abuse behavior. But, Amazon is changing their policy to pay the author if a book is returned after more than a week.
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