"Simon & Schuster has changed ownership seven times over the course of our 97-year history, and always our authors and our books have remained our principal concern, interest, and passion," Karp's memo said. "For all of us, this news is unsettling: nobody likes to work in an atmosphere of uncertainty," said the memo from Karp, who lauded staff for their "ability to adapt under extreme conditions" during the coronavirus pandemic. Simon & Schuster CEO Jonathan Karp, in a memo to staff shared with CNBC by a spokesman for the publisher, said he was "committed" to fighting the lawsuit. "Post-merger, the two largest publishers would collectively control more than two-thirds of this market, leaving hundreds of authors with fewer alternatives and less leverage." "If consummated, this merger would likely result in substantial harm to authors of anticipated top-selling books and ultimately, consumers," the DOJ's lawsuit said. The two publishers vowed to "vigorously" fight the lawsuit, contending in a joint statement that the publishing industry will still be "a vibrant and highly competitive environment" after the merger. With that purchase, Bertelsmann's media empire would grow to encompass roughly one-third of all the books sold in the U.S. Viacom announced announced in November 2020 the more than $2 billion deal to sell Simon & Schuster to Penguin Random House. The DOJ lawsuit also named as defendants Bertelsmann and ViacomCBS, the respective parent companies of Penguin Random House and Simon & Schuster. "The merger would give Penguin Random House outsized influence over who and what is published, and how much authors are paid for their work," the Justice Department alleged. We'll see you in court."If Defendants' proposed merger is allowed to proceed, Penguin Random House would be, by far, the largest book publisher in the United States, towering over its rivals," said the legal complaint, which was filed in federal court in Washington, D.C. I will fight this cancel culture with everything I have. This is the Left looking to cancel everyone they don't approve of. Only approved speech can now be published. It's a direct assault on the First Amendment. Let me be clear, this is not just a contract dispute. Simon & Schuster is canceling my contract because I was representing my constituents, leading a debate on the Senate floor on voter integrity, which they have now decided to redefine as sedition. In the wake of the publishing house's decision, Hawley tweeted a statement in another picture format accompanied by a tweet that read, "My statement on the woke mob at This could not be more Orwellian. Senator Josh Hawley's response Senator Josh Hawley (R-MO) makes a statement after voting in the Judiciary Committee to move the nomination of Judge Amy Coney Barrett to the Supreme Court out of committee and on to the Senate for a full vote on Octoin Washington, DC.
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