Traditional Publishing
Self-Publishing
Share

Stephen King testifies against publishers’ merger: ‘Consolidation is bad for competition’

marketwatch.com – Wednesday August 3, 2022

Stephen King didn’t break any legal ground on the stand Tuesday as he testified against his own publisher’s efforts to merge with Penguin Random House. But he did know how to please a crowd and even get the judge to thank him for his time.

“It was a real pleasure to hear your testimony,” the otherwise businesslike U.S. District Judge Florence J. Pan told the author after he finished speaking as a government witness in a federal antitrust lawsuit against the merger of Penguin Random House and Simon & Schuster, King’s longtime publisher.

The 74-year-old King had a haunting but gregarious presence, his gaunt features accented by his gray suit and gray sneakers, his walk tentative, as it has been since he was struck by a van and badly injured in 1999. But once sworn in, he was relaxed and happy to talk, and ever alert to how to tell a story.

To read the full article on marketwatch.com, click here

Share