Stephen King tells publishing house $2.2B merger trial that it will be a 'bad for competition' 

Horror author Stephen King has testified at a trial to block a $2.2billion merger between Penguin Random House and Simon & Schuster calling the proposed plans post-merger ‘a little bit ridiculous.’

King, author of ‘The Shining,’ ‘Carrie’ and other blockbusters, told a court that if the two mammoth publishing houses merge and still fight against each other for books it will be like ‘a husband and wife bidding against each other for the same house.’ 

He is among a group of people standing against the $2.2billion merger at the antitrust trial, along with publishing executives and authors’ agents.

Penguin Random House, the largest book publisher in the United States, said it planned to buy rival Simon & Schuster in November 2020.

The publishing house is owned by German media conglomerate Bertelsmann. Simon & Schuster is owned by ViacomCBS, now Paramount Global. The Justice Department filed its lawsuit in a bid to block the merger in November 2021.

King is fighting against his own publisher…

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