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‘Unvarnished’ bio of Ray Dalio scheduled for next fall
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‘Unvarnished’ bio of Ray Dalio scheduled for next fall

NEW YORK — An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall, authored by a Wall Street Journal investigative reporter whom the Bridgewater Associates founder has called biased and dishonest. “The Fund: Ray Dalio, Bridgewater Associates and the Unraveling of a Wall Street Legend,” by Rob Copeland, was announced...

Spotify Offers Audiobook Service With 300,000 Titles
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Spotify Offers Audiobook Service With 300,000 Titles

Listen to article (2 minutes) Spotify Technology SA said it will offer audiobooks starting Tuesday as the streaming giant aims to expand beyond music and podcasts. Spotify users will be able to purchase and listen to a catalog of more than 300,000 audiobooks from independent authors and major publishers, including titles by horror writer Stephen...

News Corp Posts Revenue Growth, Boosted by Dow Jones
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News Corp Posts Revenue Growth, Boosted by Dow Jones

News Corp said revenue increased by 7.3% in the latest quarter, thanks to continued strength in advertising and rapid growth at Wall Street Journal parent Dow Jones & Co. The New York-based media company, whose holdings include The Wall Street Journal, HarperCollins Publishers and news organizations in the U.K. and Australia, reported $2.67 billion in...

Trial Begins in Justice Department’s Bid to Block Book Publishing Merger
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Trial Begins in Justice Department’s Bid to Block Book Publishing Merger

WASHINGTON—Trial proceedings kicked off in the Justice Department’s antitrust challenge to Penguin Random House’s planned acquisition of rival publisher Simon & Schuster, a test for the Biden administration’s efforts to limit corporate consolidation. “This proposed merger must be stopped,” Justice Department lawyer John Read said in his opening statement Monday. “It would, in the defendants’...

US begins court battle against publishing giants’ merger
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US begins court battle against publishing giants’ merger

WASHINGTON — The government and publishing titan Penguin Random House are set to exchange opening salvos in a federal antitrust trial Monday as the U.S. seeks to block the biggest U.S. book publisher from absorbing rival Simon & Schuster. The case comes as a key test of the Biden administration’s antitrust policy. The Justice Department...

EXPLAINER: Bid to block book merger sets competition fight
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EXPLAINER: Bid to block book merger sets competition fight

WASHINGTON — At a time of mega-mergers and flashy high-tech corporate hookups, the biggest U.S. book publisher’s plan to buy the fourth-largest for a mere $2.2 billion may seem somewhat quaint. But the deal represents such a key test for the Biden administration’s antitrust policy that the Justice Department is calling an out-of-the-ordinary witness to...

Hong Kong book fair kicks off with fewer political books
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Hong Kong book fair kicks off with fewer political books

HONG KONG — Hong Kong’s annual book fair kicked off Wednesday, with several publishers of political books prevented from taking part in the fair and others saying they had to be cautious about what they exhibited. The fair’s main organizer, the Hong Kong Trade Development Council, said it did not screen the books for sale...

Simon & Schuster Publisher Dana Canedy Steps Down
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Simon & Schuster Publisher Dana Canedy Steps Down

Listen to article (1 minute) Dana Canedy is stepping down as publisher of Simon & Schuster’s flagship imprint after two years to write a sequel to her memoir “A Journal for Jordan,” the company said. Ms. Canedy, 57 years old, was the first Black woman to head the imprint, which in recent years has published...

Simon & Schuster publisher steps down to work on book
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Simon & Schuster publisher steps down to work on book

NEW YORK — The publisher of Simon & Schuster’s flagship imprint, Dana Canedy, is stepping down to concentrate on a sequel to a book Denzel Washington adapted last year for a film of the same name, “A Journal for Jordan.” Canedy, a former New York Times editor and writer and the first Black woman to...