This podcast provides analysis on books and bookish news, and today Lisa discusses the antitrust trial happening in August 2022 with the U.S. Government against Penguin Random House.
In the fall of 2022, Penguin Random House announced it was spending $2.18 billion to purchase competitor Simon & Schuster. The U.S. government has sued Penguin Random House, arguing that this deal means fewer authors will be able to earn a living from writing.
CNN writes about this lawsuit in this article. The New York Times also reports in great detail about the dispute between Penguin Random House and the government. The Associated Press delves into this trial which is expected to take three weeks.
One of the first significant speakers was author Stephen King, who described himself as a “freelance writer” in this AP article.
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