Posts tagged with "2"

Stephen King to testify for government in book-publisher merger trial

August 3, 2022

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, reports ABC.

 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, ABC says. 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 scheduled to take the witness stand Tuesday, August 2, the second day of a federal antitrust trial anticipated last two to three weeks.

 He may not have the business knowledge of Pietsch, the DOJ’s first witness, but he has been a published novelist for nearly 50 years and knows well how much the industry has changed: Some of his own former publishers were acquired by larger companies. “Carrie,” for instance, was published by Doubleday, which in 2009 merged with Knopf Publishing Group and now is part of Penguin Random House. Another former King publisher, Viking Press, was a Penguin imprint that joined Penguin Random House when Penguin and Random House merged in 2013.

King’s affinity for smaller publishers is personal. Even while continuing to publish with the Simon & Schuster imprint Scribner, he has written thrillers for the independent Hard Case Crime. Years ago, the publisher asked him to contribute a blurb, but King instead offered to write a novel for them, “The Colorado Kid,” released in 2005.

 “Inside I was turning cartwheels,” Hard Case co-founder Charles Ardai would remember thinking when King contacted him.

 King, himself, would likely benefit from the Penguin Random House-Simon & Schuster deal, but he has a history of favoring other priorities beyond his material well-being. He has long been a critic of tax cuts for the rich, even as “the rich” surely includes Stephen King, and has openly called for the government to raise his taxes.

 “In America, we should all have to pay our fair share,” he wrote for The Daily Beast in 2012.

 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.

  Attorney Daniel Petrocelli argued for the defense that the industry actually is diverse, profitable, and open to newcomers. Publishing, he said, means not just the Big Five, but also such medium-size companies as W.W. Norton & Co. and Grove Atlantic. The merger, he contended, would in no way upend the ambitions so many hold for literary success.

 “Every book starts out as an anticipated bestseller in the gleam of an author’s or an editor’s eye,” he said.

 Research contact: @ABC

Tens of thousands of voters drop registered membership in GOP after Capitol riot

January 29, 2021

More than 30,000 voters who had been registered members of the Republican Party have changed their voter affiliation in in the weeks since January 6, when a mob of pro-Trump supporters attacked the Capitol — an issue that led the House to impeach the former president for inciting the violence, The Hill reports.

The massive wave of defections is a virtually unprecedented exodus that could spell trouble for a party that is trying to find its way after losing the presidential race and the Senate majority.

It could also represent the tip of a much larger iceberg: The 30,000 who have left the Republican Party reside in just a few states that report voter registration data, and information about voters switching between parties, on a weekly basis.

Voters switching parties is not unheard of, but the data show that in the first weeks of the year, far more Republicans have changed their voter registrations than Democrats. Many voters are changing their affiliation in key swing states that were at the heart of the battle for the White House and control of Congress.

Nearly 10,000 Pennsylvania voters dropped out of the Republican Party in the first 25 days of the year, according to the secretary of state’s office. About one-third of them, 3,476, have registered as Democrats; the remaining two-thirds opted to register with another party or without any party affiliation.

By contrast, about one-third as many Pennsylvania Democrats opted to either join the Republican Party (2,093 through Monday); or to register with no party, or a minor party (1,184).

Almost 6,000 North Carolina voters have dropped their affiliation with the GOP. Nearly 5,000 Arizona voters are no longer registered Republicans. The number of defectors in Colorado stands north of 4,500 in the last few weeks. And 2,300 Maryland Republicans are now either unaffiliated or registered with the Democratic Party.

In all of those areas, the number of Democrats who left their party is a fraction of the number of Republican defectors, The Hill notes.

Several local elections offices in Florida reported a surge in registration changes in the days after the assault on the Capitol. Two counties in the Miami area reported a combined 1,000 Republicans registering under other labels in just the two days after the January 6 attack. In those same two days, only 96 Democrats switched parties.

Three counties in the Tampa Bay area reported more than 2,000 Republican voters registering under some other party’s banner. In those same three counties—Hillsborough, Pasco and Pinellas—just 306 Democrats switched their affiliations.

So many voters switching parties absent a pending deadline has piqued the interest of elections experts. Most people tend to stick with the party with which they initially register, and those who do change are usually motivated by a looming primary election.

“Usually, absent a primary election that would induce people to switch parties so that they could participate in that primary, you don’t see much activity in party registration,” said Michael McDonald, a voting and elections expert at the University of Florida.

McDonald told The Hill that id those who would take the proactive step to change their registration are likely to be well-informed voters who both follow the news and are aware of the process by which they would change their actual registration.

“These people who are doing this activity, they are likely very sophisticated voters. They’re highly participatory, most likely,” he said. “If you’re sophisticated enough to change your party registration, you’re somebody who’s likely to vote.”

Research contact: @thehill

Trump knuckles under, signs stimulus package

December 29, 2020

While many Americans spent the holiday weekend worrying or grieving about sick friends and relatives, trying to get work, and eating food bank provisions, a peevish President Donald Trump partied and played golf at his private Palm Beach club, Mar-a-Lago.

But even Air Force One couldn’t get him far enough away from the problems he had created in the nation’s capital. Both Democratic and Republican party leaders pressured Trump to sign two bills he had left on his desk and threatened to veto—a major coronavirus stimulus package and an annual spending bill.

Trump had not participated in the talks leading up to passage of the COVID-19 aid legislation, but had indicated to his surrogate, Treasury Secretary Steven Mnuchin, that he would approve a bill that offered direct stimulus checks of $600 to the American people.

Indeed, Mnuchin promised that, once the bill passed, the $600 stimulus checks could be expected to reach Americans by this week. Meanwhile, unemployment programs established earlier this year expired on Saturday night.

But it didn’t happen. According to a report by Politico, Trump spent the weekend railing against the current package, tweeting that he wanted to “increase payments to the people, get rid of the ‘pork’” and “$2000 + $2000 plus other family members. Not $600. Remember, [COVID] was China’s fault!”

Hoping go change his mind and convince him to sign off on the legislation, House Minority Leader Kevin McCarthy and several Republican senators, including Senators David Perdue (R-Georgia) and Lindsey Graham (R-South Carolina.), spoke to Trump multiple times through Sunday night.

Lawmakers were preparing for catastrophe amid Trump’s threats, and House members were prepared on Monday, December 28, to vote on a short-term funding bill to avert a midnight shutdown.

But on Sunday evening after days of being lobbied by allies and warned that he would decimate his own political legacy , Trump decided to sign the bill and not leave office amid a maelstrom of expired benefits and a government shutdown, Politico said.

He said he will insist on reductions in spending in parts of the bill, though Congress does not have to go along.

“I will sign the omnibus and COVID package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill,” Trump said on Sunday night.

The president also said the Senate would soon begin work on ending legal protections for tech companies, examining voter fraud and boosting the check size for direct payments. The current Congress ends in six days.

The House will move ahead with a vote Monday on boosting direct payments to $2,000, forcing Republicans to go on the record against the president.

“I applaud President Trump’s decision to get hundreds of billions of dollars of crucial COVID-19 relief out the door and into the hands of American families as quickly as possible,” said Senate Majority Leader Mitch McConnell in a statement that did not mention the commitments Trump said the Senate has made.

Research contact: @politico