Mergers & Acquisitions Mergers & Acquisitions

Penguin Random House-Simon & Schuster merger won’t affect literary agents’ options, first defense witness says

By Serafina Smith
  • 10 Aug 2022 23:38
  • 10 Aug 2022 23:38
Jennifer Rudolph Walsh, the first defense witness in the Department of Justice’s challenge to the merger of Penguin Random House and Simon & Schuster, testified that the merger won’t harm authors because relationships with individual editors and imprints are more important than the number of publishing houses competing to acquire a book. 

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Serafina Smith

Reporter


Serafina Smith covers mergers and acquisitions for MLex from New York. Before becoming a journalist, Serafina was a paralegal supporting the United States Department of Justice, where she worked on foreign bribery and money laundering cases. She holds a master’s degree in journalism from New York University and a bachelor’s degree in linguistics from Georgetown University.

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