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Home In Brief

Stephen King set to testify for government in books merger trial

by  AP and ILH Staff
Published on  08-02-2022 13:07
Last modified: 08-02-2022 13:07
Stephen King set to testify for government in books merger trialAP via Invision/Evan Agostini

Stephen King | File photo: AP via Invision/Evan Agostini

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As the Justice Department bids to convince a federal judge that the proposed merger of Penguin Random House and Simon & Schuster would damage the careers of some of the most popular authors, it is leaning in part on the testimony of a writer who has thrived like few others: Stephen King.

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The author of Carrie, The Shining, and many other favorites, King has willingly – even eagerly – placed himself in opposition to Simon & Schuster, his longtime publisher. He was not chosen by the government just for his fame, but for his public criticism of the $2.2 billion deal announced in late 2021, joining two of the world's biggest publishers into what rival CEO Michael Pietsch of Hachette Book Group has called a "gigantically prominent" entity.

"The more the publishers consolidate, the harder it is for indie publishers to survive," King tweeted last year.

One of the few widely recognizable authors, known for his modest-sized glasses and gaunt features, King is expected to take the witness stand Tuesday, the second day of a federal antitrust trial anticipated last two to three weeks.

On Monday, attorneys for the two sides offered contrasting views of the book industry. Government attorney John Read invoked a dangerously narrow market, ruled tightly by the "Big Five" – Penguin Random House, Simon & Schuster, HarperCollins Publishing, Macmillan and Hachette – with little chance for smaller or startup publishers to break through

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