Today's trip into the Catosphere took Panzer to the Publishers Weekly site. There he found a post about the Department of Justice's (DOJ) case against the Penguin Random House (PRH) and Simon and Schuster (S&S) merger.
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I want to see the DOJ's brief too.
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According to Andrew Albanese's post, Penguin Random House submitted its post-trial brief to explain why the Department of Justice has not proved its case to stop the merger with Simon and Schuster. The PRH brief says the DOJ only concentrated its arguments on lower advances for authors who have previously received advances of $250,000 or more. PRH says these authors won't suffer any monetary loses because of the merger. PRH also says the DOJ didn't address any harm to consumers caused by the merger. The post doesn't address the DOJ's post-trial brief, but they haven't seen it yet. The post contains several links for more information about the case.
Panzer says, "This little kitty wants to know, when is a publisher too big?"
Note: This is a long medium length post. Bring a glass of iced tea and a bowl of ice cream for today's reading selection. If you plan to follow the links in the post, you'll have to decide what to bring to eat and drink.
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