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Old 02-14-2013, 08:56 PM   #1
AnemicOak
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US DOJ approves Random House / Penguin merger

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The U.S. Department of Justice has approved the proposed merger between Random House and Penguin, though it remains under consideration by international antitrust authorities.
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Random House parent company Bertelsmann and Penguin parent company Pearson announced Thursday that the Department of Justice has approved the proposed merger between Random House and Penguin ”without conditions.”
http://paidcontent.org/2013/02/14/de...er-in-the-u-s/
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Old 02-17-2013, 04:05 PM   #2
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My daughter wants to know if the merged company will be called Random Penguin Publishing.
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Old 02-17-2013, 04:32 PM   #3
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Hopefully the public will not have to deal with these monopolistic tactics by Apple and the publishers much more.

The publishers are preparing themselves for a new era.
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Old 02-17-2013, 05:11 PM   #4
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My daughter wants to know if the merged company will be called Random Penguin Publishing.
Penguin House Publishing
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Old 02-17-2013, 05:12 PM   #5
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The publishers are preparing themselves for a new era.
More likely reaching the end of the Capitalist Death Spiral.
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Old 02-17-2013, 06:36 PM   #6
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Random House sells ebooks to libraries for lending (at a couple times the price, but at least they consider the libraries as owners of the books), but Penguin doesn't at all. I worry they will adopt the latter's position for the combined company.. Random House's CEO will be the new CEO of the combined company, and I believe is the slight majority partner in the deal, so we can hope that RH policies will prevail in the new PRH. I haven't seen any news on this issue re the merger, has anyone else?
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Old 02-18-2013, 12:41 AM   #7
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My daughter wants to know if the merged company will be called Random Penguin Publishing.
This made me laugh harder than it should have.
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Old 02-18-2013, 11:33 AM   #8
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Random House sells ebooks to libraries for lending (at a couple times the price, but at least they consider the libraries as owners of the books), but Penguin doesn't at all. I worry they will adopt the latter's position for the combined company.. Random House's CEO will be the new CEO of the combined company, and I believe is the slight majority partner in the deal, so we can hope that RH policies will prevail in the new PRH. I haven't seen any news on this issue re the merger, has anyone else?
There are thousands of Penguin ebooks available at the Brooklyn Public Library.
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Old 02-18-2013, 11:39 AM   #9
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There are thousands of Penguin ebooks available at the Brooklyn Public Library.
3M? I didn't think there were many Penguin books on that platform yet. Or books that Penguin sold to libraries during the short period before they pulled out of Overdrive?
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Old 02-18-2013, 11:44 AM   #10
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3M? I didn't think there were many Penguin books on that platform yet. Or books that Penguin sold to libraries during the short period before they pulled out of Overdrive?
These are books on Overdrive. A search for books published by Penguin Group US brings up 3536 titles. There are also several hundred more books listed under the UK and CAN imprints.
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Old 02-18-2013, 11:45 AM   #11
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Originally Posted by holymadness View Post
These are books on Overdrive. A search for books published by Penguin Group US brings up 3536 titles. There are also several hundred more books listed under the UK and CAN imprints.
They'd be from before Penguin pulled out of selling to libraries through OverDrive.
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Old 02-18-2013, 11:50 AM   #12
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They'd be from before Penguin pulled out of selling to libraries through OverDrive.
You're right, and what a shame. The 3M service is pitiful.

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9 February 2012

Penguin, which only offered backlist e-book titles for library lending, is terminating its contract with OverDrive, the library digital vendor, and starting February 10 will cease to offer any of its e-books or audiobooks to libraries. Penguin is negotiating a “continuance” agreement that will allow libraries that have already purchased Penguin e-books to continue to loan them.
http://www.publishersweekly.com/pw/b...overdrive.html
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Old 02-18-2013, 12:00 PM   #13
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I really hope the merged company uses Random House's library model, they even offer new titles.

Last edited by Synamon; 02-18-2013 at 12:07 PM.
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Old 02-18-2013, 12:07 PM   #14
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My daughter wants to know if the merged company will be called Random Penguin Publishing.
I like the way your daughter thinks!
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Old 02-18-2013, 12:45 PM   #15
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