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Deal to sell Simon & Schuster possibly in the works

Feb 15 2023: Paramount Global is again seeking to sell Simon & Schuster, months after the media company's $2.2 billion deal to sell the book publisher to Penguin Random House collapsed, according to people familiar with the matter.

Paramount, formerly known as ViacomCBS, is ...

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Mellon Foundation pledges $125m to combat effects of mass incarceration

Feb 15 2023: The Mellon Foundation has announced a $125 million commitment to support artistic development among populations detrimentally affected by the U.S. criminal legal system. In a February 15 press release, the Foundation said its multiyear Imagining Freedom grant initiative...

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Idaho bill would allow parents to sue over 'harmful' books in schools, libraries

Feb 13 2023: A new Idaho bill would open schools and public libraries to lawsuits for allowing minors to obtain books, films and other media that depict sexual content deemed “offensive.”

The legislation, from Rep. Jaron Crane, R-Nampa, would allow parents to sue schools and ...

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More than 1 million books subject to review based on Florida's new laws

Feb 13 2023: More than 1 million books in Duval County schools in Florida are subject to review due to three state laws impacting certain subjects in education, including race, gender and sexual orientation, county officials told ABC News. "As required by state law, we are in the...

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Deal reached in HarperCollins strike as publisher has another bad quarter

Feb 10 2023: After three months of negotiations and two weeks after announcing plans to resume labor negotiations, HarperCollins has reached a tentative agreement with its employee union, Local 2110 of the United Auto Workers.

In a February 9 announcement, the union said that the...

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What readers hate most in books — from dreams to italics

Feb 10 2023: Writing in the Washington Post, Ron Charles reports that "a few weeks ago, I asked readers of our Book Club newsletter to describe the things that most annoy them in books. The responses were a tsunami of bile. Apparently, book lovers have been storing up their pet ...

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Macmillan and Hachette raise starting salaries

Feb 09 2023: Macmillan Publishers will increase its entry-level base salary to $47,500, effective April 1. Additional adjustments will be made to current salary bands to reflect this change. The previous starting salary was $42,000.

The change comes on the heels of Hachette Book ...

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HarperCollins USA cuts 5% of workforce

Jan 31 2023: HarperCollins, which laid off a "small number" of workers last fall, is taking more drastic steps to reduce its workforce, and plans to cut 5% of its employees in North America by the end of the current fiscal year, which ends June 30. Some jobs were eliminated today. ...

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