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Posts tagged Simon & Schuster

BREAKING: Macmillan Settles with DOJ on Price Fixing
February 8, 2013 | 12:30 pm

Apple is now the lone hold-out. As you may recall, three publishers—Hachette, HarperCollins and Simon & Schuster—immediately settled, leaving Penguin, MacMillan and Apple to fight it out in court. Penguin settled in December, probably to protect their pending merger with Random House. And now Macmillan joins its fellows. Macmillan CEO John Sargent cited financial reasons for the settlement, according to this story on Publishers Lunch: "Our company is not large enough to risk a worst case judgment. In this action the government accused five publishers and Apple of conspiring to raise prices. As each publisher settled, the remaining defendants became responsible not only...

Morning Roundup — Stories you may have missed
November 29, 2012 | 8:40 am

Amazon Sweetens Deal for KDP Select Authors to the Tune of 1.5 Million (Digital Book World) Iran's Latest Move to Stifle Dissent: Requiring ID Cards to go Online (Techdirt) Why Are Android Users Less Engaged than iOS Users? (GigaOM) Simon & Schuster will Enter Self-Publishing World (Christian Science Monitor) Kindle Daily Deal: Dead Spots by Melissa F. Olson {and} Slugs in Love by Susan Pearson and Kevin O'Malley  ...

Morning Roundup — Stories you may have missed
November 21, 2012 | 8:53 am

Amazon is the Devil—and I Love it (Salon) Self-Publishing Gains Ground, Acceptance (Good E-Reader) HarperCollins, Simon & Schuster Reportedly in Preliminary Merger Talks (Paid Content) Kindle Daily Deal: The Charleston Connection by Tom MacDonald {and} Promise the Night by Michaela MacColl * * *        ...

Morning Roundup — Stories you may have missed
November 9, 2012 | 8:49 am

Bartlett's Quotation's New Digital Face (Good E-Reader) Houghton Mifflin Harcourt Buys Webster's New World Dictionary (MediaBistro) Publisher Earnings Roundup: Harper Collins, Simon & Schuster (Paid Content) E-books Marketshare at 22%, Amazon has 27% (Publisher's Weekly) Kindle Daily Deal: Twelve Months by Steven Manchester {and} Breaking Beautiful by Jennifer Shaw Wolf * * * Follow us @TeleRead  Join us on Facebook...

Simon & Schuster to publish more reworked Twilight fanfic
November 8, 2012 | 8:04 pm

Ever since reworked Twilight fanfic Fifty Shades of Grey hit bookstore shelves and immediately burned a path up the charts, many publishers have been giving more serious consideration to fanfic. Might it make a decent source of publishable stories, a sort of Internet slushpile they could mine for nuggets at their leisure? But it seems that history shows yet again that you can always count on someone to learn the wrong lesson: If one Twilight fanfic is able to strike it big, why not try again with another one? A Simon & Schuster imprint has just made a “substantial” book deal...

Morning Roundup — Stories you may have missed
November 8, 2012 | 8:31 am

Simon & Schuster Experiences 20% Increase in Digital Sales in Q3 (Good E-Reader) Over It: Bookish Conversations We Never Want to Have Again (Book Riot) Bad Science is Coming to Get Us (Techdirt) Which Publishers Do Best at eBook Sales? (Forbes) Kindle Daily Deal: Chocolat by Joanne Harris {and} The Secret of the Sirens by Julia Golding * * * Follow us @TeleRead  Join us on Facebook...

E-Book consumers to receive refund of $0.25 – $1.32 per title in price-fixing settlement
September 1, 2012 | 10:32 pm

Over the past few days, a wealth of information has surfaced regarding the $69 million settlement three of the so-called 'Agency Five' publishers will be paying to 54 states and U.S. territories for the alleged price-fixing of e-books. Still, information regarding what we consider to be two of the case's more immediately fascinating aspects—the cash refunds due to consumers, and the supposed changes this settlement (and the DOJ case in general) will ultimately have on the e-book industry—are still proving a bit tough to come by. For instance, in regards to the refunds that some consumers will be receiving: How much money, exactly, will they receive? How and when will they...

Pocket Star relaunched by Simon & Schuster as dedicated ebook imprint
May 25, 2012 | 7:35 am

Screen Shot 2012 05 24 at 8 41 21 PM From the press release: - Louise Burke, Executive Vice President and Publisher, announced today that Pocket Books, America’s first paperback publisher, has re-launched its Pocket Star line as an eBook-only imprint. As it did in print, Pocket Star will continue to feature bestselling and debut authors in popular genres including women’s fiction, romance, thrillers, urban fantasy, and mystery. Louise Burke said, “Similar to how mass market has served as a platform to develop future hardcover authors, it is our mission to use Pocket Star’s new digital-only format to establish new voices in the marketplace. An eBook imprint is flexible, cost-effective, cutting-edge and makes sense in today’s marketplace. Under...

Simon & Schuster settles price-fixing class-action lawsuit
May 18, 2012 | 12:55 am

CNet reports that Simon & Schuster, who has already settled its antitrust dispute with the Department of Justice, has joined HarperCollins and Hachette in settling the price-fixing class-action lawsuit by 29 states overseen by judge Denise Cote (who issued a ruling a couple of days ago denying the publishers’ and Apple’s motion to dismiss). The terms of the settlement have not yet been announced. This leaves the remaining defendants the same in both legal actions: hold-outs Macmillan, Penguin, and Apple. It seems doubtful any of them will be inclined to settle....

Judge stays price-fixing class-action suit against Hachette, HarperCollins
May 3, 2012 | 4:13 am

PaidContent reports that a judge has stayed an e-book price-fixing class-action case against publishers Hachette and HarperCollins on the grounds that the publishers are close to settling with state governments over the matter, and the states’ lawsuits trump the class action. Apart from Macmillan and Penguin, who are fighting the suit, Simon & Schuster wasn’t named because it has not signed a formal settlement memorandum yet. This is hardly a surprise, of course, but it’s understandable that the plaintiffs would find this a bit disappointing; damage awards would likely be higher in a jury trial than in a state...

Kristine Kathryn Rusch: Publishers mishandle indie authors, fail to learn from mistakes
April 22, 2012 | 9:18 pm

In her latest “The Business Rusch” column, Kristine Kathryn Rusch calls attention to the fact that this year a reporting Pulitzer went to an online-only publication, the Huffington Post, for the first time ever. Most traditional news outlets have been concentrating on the fact that no fiction Pulitzer was awarded this year, because (Mrs. Rusch posits) the Huffington Post news scared them. Rusch points out that even if the Post is a non-traditional publication, the reporter who penned the story is a 66-year-old seasoned journalist who has worked for many traditional publications in his time—and uses the “traditional...

Explanation of the Settlement between DOJ Hachette, Harper Collins and S&S and What Happens Next, by Jane Litte
April 12, 2012 | 10:10 am

Screen Shot 2012 03 11 at 8 41 11 AM The DOJ filed suit against five publishers (Penguin, Macmillan, Hachette, HarperCollins, Simon & Schuster) on April 11, 2012.  The DOJ then immediately filed a notice of settlement and a request for approval of the settlement.  A judge assigned to this case will then either approve the settlement and order the parties back to the negotiating table.  Any interested party has the right to write a statement to the court within 60 days to encourage or discourage acceptance of the proposed settlement. Two things are at issue here: 1) The restriction on retailers ability to discount books and 2) The Most Favored Nation clause...