publishing industry
Simon & Schuster's owner to let sale to Penguin fall apart, sources say
Bertelsmann will owe Paramount a USD 200 million break-up fee as a result of the transaction falling apart.
December 11, 2022
Penguin Random House CEO to quit after merger blocked
Thomas Rabe, chief executive of Penguin's German owner Bertelsmann, expressed full confidence in Malaviya, who he said had a chance of permanently becoming CEO.
November 21, 2022
Simon & Schuster's owner to let sale to Penguin fall apart, sources say
Bertelsmann will owe Paramount a USD 200 million break-up fee as a result of the transaction falling apart.
November 14, 2022
HarperCollins union begins strike, citing wages, diversity
In recent years, entry- and mid-level employees throughout publishing have been increasingly vocal on social media about their unhappiness with wages, workloads and diversity.