Legendary author Stephen King testified on behalf of the government Tuesday in the antitrust trial that aims to block Penguin Random House from acquiring fellow publishing giant Simon & Schuster from Paramount Global. The prolific author testified against the $2.1 billion deal in Washington, D.C. federal court, supporting the government’s contention that the deal will hurt authors by limiting the market for new manuscripts.
Source: Stephen King Warns Against Penguin Random House Acquiring Simon & Schuster in Antitrust Trial