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Publishings Big Five will not become the Big Four anytime soon.
Accordingly, judgment shall be entered in favor of the Plaintiff and the merger shall be enjoined.
In the meantime, Penguin Random House has vowed to fight Pans ruling.
Stephen King, the governments star witness, celebrated the ruling.
This is not about the passion of publishers for books and authors.
I enjoyed listening to Stephen King, Penguin Random House attorney Daniel Petrocelli reportedly said in his closing statement.
But no one is disputing his earnings.
There are writers in this market who are billionaires.
I mean, Stephen King could buy Simon & Schuster.
We also believe that the deal will benefit S&S authors.
The trial provided a glimpse into the largely opaque publishing industry.
With this merger now blocked, Amazon continues to write everyones rules.
