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Thread: Random King-related news

  1. #126
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    Quote Originally Posted by Cook View Post
    Quote Originally Posted by St. Troy View Post
    Quote Originally Posted by Cook View Post
    Does anybody think this thread will be returning to: "Random King-related news" anytime soon.. I think there's mention of him 3 or 4 pages back.
    I have no King news, but as one of the offenders, I'll at least try to prime the pump:

    We have Fairy Tale on the horizon, but do we have clues as to what might be next, and when?
    I was sorta hoping one of the DT.org members that spoke at the Comic-Con panel would have something for us !!
    We've been sworn to secrecy.

  2. #127
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    Quote Originally Posted by Randall Flagg View Post
    We've been sworn...
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  3. #128
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    "Holly" is likely to be the next novel
    I am guessing feb/march/april

    Then maybe a short stories collection in september 2023? It's been awhile and there are enough I think to be collected
    ------------------------------------------------
    CLUB STEPHEN KING (french website about STEPHEN KING, since 1992) : on : Facebook | Twitter | Instagram
    ------------------------------------------------

  4. #129
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    Quote Originally Posted by herbertwest View Post
    "Holly" is likely to be the next novel
    I am guessing feb/march/april
    Is it actually titled "Holly"?
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  5. #130
    Word Slinger Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent has a brilliant future Bev Vincent's Avatar

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    Yes, unless it gets changed, that's what King called it.

  6. #131
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    Gotcha, thanks.
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    I can see across the whole of London and beyond

  7. #132
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    King just droppped 200 UK S/L. Fairy Tale!
    HELP ME FIND
    Insomnia #459
    ANY S/L #459

  8. #133
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    WASHINGTON (Reuters) - The U.S. Justice Department will ask a federal judge on Monday to block a $2.2 billion merger of two of the "Big Five" book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King.

    https://news.yahoo.com/stephen-king-...100849421.html
    I'm sure if there is intelligent life somewhere out there in the universe, they are wise enough to stay away from us.

    And the people bowed and prayed, to the cell phone god they made...

  9. #134
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    Quote Originally Posted by ur2ndbiggestfan View Post
    WASHINGTON (Reuters) - The U.S. Justice Department will ask a federal judge on Monday to block a $2.2 billion merger of two of the "Big Five" book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King.

    https://news.yahoo.com/stephen-king-...100849421.html
    Imagine King "going to bat for the government" to preserve his own large advances. What a hero. Maybe he can advocate for censorship of other writers while he is at it.

  10. #135
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    Do we know what side King is on?
    It seems I'm miles above the surface of the Earth

    I can see across the whole of London and beyond

  11. #136
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    Quote Originally Posted by RichardX View Post
    Quote Originally Posted by ur2ndbiggestfan View Post
    WASHINGTON (Reuters) - The U.S. Justice Department will ask a federal judge on Monday to block a $2.2 billion merger of two of the "Big Five" book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King.

    https://news.yahoo.com/stephen-king-...100849421.html
    Imagine King "going to bat for the government" to preserve his own large advances. What a hero. Maybe he can advocate for censorship of other writers while he is at it.
    Research shows that is NOT EXACTLY THE STORY> His testimony is with concern for new authors and those with less stature.;
    https://www.usatoday.com/story/enter...l/10210565002/

  12. #137
    Jascar of the Wylde EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER has much to be proud of EXPLORER's Avatar

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    Quote Originally Posted by St. Troy View Post
    Do we know what side King is on?
    KING SHOWS SUPPORT FOR SMALLER Publishers.: https://www.usatoday.com/story/enter...l/10210565002/

    IT MIGHT be why HATCHETT got the FAIRY TALE Signed Limited He feels for the Small Press Publishers
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    will be to arrive where we started and know the place for the first time.

    T.S. Eliot -

  13. #138
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    Quote Originally Posted by St. Troy View Post
    Do we know what side King is on?
    His own according to the Yahoo article. King is supporting the government's position which is focused on protecting the advances paid to the most successful authors:

    In the publisher merger trial, the government is focused not on what consumers pay for books but on advances paid to the most successful authors, especially those given $250,000 or more.

    "The evidence will show that the proposed merger would likely result in authors of anticipated top-selling books receiving smaller advances, meaning authors who labor for years over their manuscripts will be paid less for their efforts," the government said in a pretrial brief.

  14. #139
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    https://www.miamiherald.com/entertai...264077286.html
    Stephen King didn't break any legal ground on the stand Tuesday as he testified against his own publisher's efforts to merge with Penguin Random House. But he did know how to please a crowd and even get the judge to thank him for his time.

    “It was a real pleasure to hear your testimony," the otherwise businesslike U.S. District Judge Florence J. Pan told the author after he finished speaking as a government witness in a federal antitrust lawsuit against the merger of Penguin Random House and Simon & Schuster, King's longtime publisher.

    The 74-year-old King had a haunting but gregarious presence, his gaunt features accented by his gray suit and gray sneakers, his walk tentative, as it has been since he was struck by a van and badly injured in 1999. But once sworn in, he was relaxed and happy to talk, and ever alert to how to tell a story,

    “My name is Stephen King. I’m a freelance writer,” King said upon being asked to identify himself. The Justice Department is bidding to convince Pan that the proposed combination of Penguin Random House and Simon & Schuster, two of the world's biggest publishers, would thwart competition and damage the careers of some of the most popular authors — a status King holds like few others.

    King's remarkable career, with so many bestsellers he could only offer an estimate, has come amid waves of consolidation in the industry. As he noted in his remarks, there were dozens of publishers in New York when his breakthrough novel, “Carrie," came out, in 1974, and he has seen many of them either acquired by larger companies or forced out of business.

    Now, New York publishing is often a story of the so-called Big Five: Penguin Random House, Simon & Schuster, HarperCollins Publishing, Hachette Book Group and Macmillan. The publisher of “Carrie," Doubleday, is now part of Penguin Random House. So is another former King publisher, Viking Press.

    Over the first two days, attorneys for the two sides have presented notably contrasting views of the book industry. The Justice Department sees an increasingly limited market for bestsellers, with the Big Five well in command. Penguin Random House's side sees book publishing as dynamic and open to many, with the proposed merger having limited impact.

    King's appearance in U.S. District Court in Washington — highly unusual for an antitrust trial — brought a narrative of the evolution of book publishing toward the dominance of the Big Five companies. As government attorney Mel Schwarz walked King through his history starting as a new, unknown author in the 1970s and his relationships with agents and publishers, King homed in on a critique of the industry as it is now.

    King crisply answered Schwarz's questions, with some moments of humor and brief flashes of gentle outrage, as he testified during the second day of the trial expected to last two to three weeks.

    “The Big Five are pretty entrenched," he said.

    Under questioning later in the day, Simon & Schuster CEO Jonathan Karp detailed a world of fiercely competitive bidding among publishers — including between his firm and Penguin Random House — for authors’ works, sometimes besting each other by millions of dollars for high-profile writers.

    With his possible future boss, Penguin Random House Markus Dohle, among those looking on in the courtroom, Karp rejected the Big Five moniker, calling it “parochial and ethnocentric.”

    “I think there are a lot of good publishers all over the country. It’s not all about us,” Karp said.

    As an example, he said the nearly 100-year-old Simon & Schuster has endured more aggressive competition recently from Amazon’s book publishing business.

    But Justice Department attorney Jeff Vernon brought forward a message Karp had sent to John Irving, his favorite author, saying he didn’t think the government would allow Simon & Schuster and Penguin Random House to merge. “That’s assuming we still have a Department of Justice,” Karp wrote in the message.

    At one point, the judge appeared to support a core government argument — that greater concentration in the industry could reduce the compensation paid to authors. Through two days of testimony, Pan said, “there’s a sense that competition raises the amounts of advances” and less competition lowers them.

    King's displeasure about the proposed merger led him to voluntarily testify for the government.

    “I came because I think that consolidation is bad for competition," King said. The way the industry has evolved, he said, “it becomes tougher and tougher for writers to find money to live on.”

    King expressed skepticism toward the two publishers’ commitment to continue to bid for books separately and competitively after a merger.

    “You might as well say you're going to have a husband and wife bidding against each other for the same house," he quipped. “It would be sort of very gentlemanly and sort of, ‘After you’ and ‘After you,'" he said, gesturing with a polite sweep of the arm.

    King's was entertaining and informative, although he had little specific to say over how the merger might harm bestselling authors, with the government's case focusing on those receiving advances of $250,000 or more. Attorney Daniel Petrocelli, representing the publishers, told King he had no questions for him and demurred on a cross-examination, saying instead he hoped they could have coffee together some time.

    King has long been a public favorite, and spoke warmly Tuesday of “living the dream," paying all the bills while working at something he loves. But the author of “The Stand,” “The Shining" and many others wonders who else might have the chances he did. 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, potentially forming 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.

    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. He has also written fiction for other small companies, saying some of his work doesn't have the kind of commercial power the Big Five might expect.

    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.

  15. #140
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    Quote Originally Posted by mae View Post
    https://www.miamiherald.com/entertai...264077286.html
    Stephen King didn't break any legal ground on the stand Tuesday as he testified against his own publisher's efforts to merge with Penguin Random House. But he did know how to please a crowd and even get the judge to thank him for his time.

    “It was a real pleasure to hear your testimony," the otherwise businesslike U.S. District Judge Florence J. Pan told the author after he finished speaking as a government witness in a federal antitrust lawsuit against the merger of Penguin Random House and Simon & Schuster, King's longtime publisher.

    The 74-year-old King had a haunting but gregarious presence, his gaunt features accented by his gray suit and gray sneakers, his walk tentative, as it has been since he was struck by a van and badly injured in 1999. But once sworn in, he was relaxed and happy to talk, and ever alert to how to tell a story,

    “My name is Stephen King. I’m a freelance writer,” King said upon being asked to identify himself. The Justice Department is bidding to convince Pan that the proposed combination of Penguin Random House and Simon & Schuster, two of the world's biggest publishers, would thwart competition and damage the careers of some of the most popular authors — a status King holds like few others.

    King's remarkable career, with so many bestsellers he could only offer an estimate, has come amid waves of consolidation in the industry. As he noted in his remarks, there were dozens of publishers in New York when his breakthrough novel, “Carrie," came out, in 1974, and he has seen many of them either acquired by larger companies or forced out of business.

    Now, New York publishing is often a story of the so-called Big Five: Penguin Random House, Simon & Schuster, HarperCollins Publishing, Hachette Book Group and Macmillan. The publisher of “Carrie," Doubleday, is now part of Penguin Random House. So is another former King publisher, Viking Press.

    Over the first two days, attorneys for the two sides have presented notably contrasting views of the book industry. The Justice Department sees an increasingly limited market for bestsellers, with the Big Five well in command. Penguin Random House's side sees book publishing as dynamic and open to many, with the proposed merger having limited impact.

    King's appearance in U.S. District Court in Washington — highly unusual for an antitrust trial — brought a narrative of the evolution of book publishing toward the dominance of the Big Five companies. As government attorney Mel Schwarz walked King through his history starting as a new, unknown author in the 1970s and his relationships with agents and publishers, King homed in on a critique of the industry as it is now.

    King crisply answered Schwarz's questions, with some moments of humor and brief flashes of gentle outrage, as he testified during the second day of the trial expected to last two to three weeks.

    “The Big Five are pretty entrenched," he said.

    Under questioning later in the day, Simon & Schuster CEO Jonathan Karp detailed a world of fiercely competitive bidding among publishers — including between his firm and Penguin Random House — for authors’ works, sometimes besting each other by millions of dollars for high-profile writers.

    With his possible future boss, Penguin Random House Markus Dohle, among those looking on in the courtroom, Karp rejected the Big Five moniker, calling it “parochial and ethnocentric.”

    “I think there are a lot of good publishers all over the country. It’s not all about us,” Karp said.

    As an example, he said the nearly 100-year-old Simon & Schuster has endured more aggressive competition recently from Amazon’s book publishing business.

    But Justice Department attorney Jeff Vernon brought forward a message Karp had sent to John Irving, his favorite author, saying he didn’t think the government would allow Simon & Schuster and Penguin Random House to merge. “That’s assuming we still have a Department of Justice,” Karp wrote in the message.

    At one point, the judge appeared to support a core government argument — that greater concentration in the industry could reduce the compensation paid to authors. Through two days of testimony, Pan said, “there’s a sense that competition raises the amounts of advances” and less competition lowers them.

    King's displeasure about the proposed merger led him to voluntarily testify for the government.

    “I came because I think that consolidation is bad for competition," King said. The way the industry has evolved, he said, “it becomes tougher and tougher for writers to find money to live on.”

    King expressed skepticism toward the two publishers’ commitment to continue to bid for books separately and competitively after a merger.

    “You might as well say you're going to have a husband and wife bidding against each other for the same house," he quipped. “It would be sort of very gentlemanly and sort of, ‘After you’ and ‘After you,'" he said, gesturing with a polite sweep of the arm.

    King's was entertaining and informative, although he had little specific to say over how the merger might harm bestselling authors, with the government's case focusing on those receiving advances of $250,000 or more. Attorney Daniel Petrocelli, representing the publishers, told King he had no questions for him and demurred on a cross-examination, saying instead he hoped they could have coffee together some time.

    King has long been a public favorite, and spoke warmly Tuesday of “living the dream," paying all the bills while working at something he loves. But the author of “The Stand,” “The Shining" and many others wonders who else might have the chances he did. 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, potentially forming 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.

    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. He has also written fiction for other small companies, saying some of his work doesn't have the kind of commercial power the Big Five might expect.

    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.
    Who writes stuff like this which is completely inaccurate?

    "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."

    The first sentence is incorrect. King would be harmed by the deal. Which is why he is testifying against it. His testimony is to promote his own monetary self-interest. As the government acknowledges, this is about protecting the big money authors. The competition between big time publishers means more money on the table for a handful of best-selling writers such as himself. The fewer such publishers, the less competition for his services.

  16. #141
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    Just in case you aren’t aware of this but King doesn’t need money. Plus he’s always been one to help out smaller publishers. That’s why he allows limited editions of his work and why he does work for publishers like Hard Case Crime. Like I get that you hate him but that’s not an accurate reading of him.

    Quote Originally Posted by RichardX View Post
    Maybe he can advocate for censorship of other writers while he is at it.
    What censorship are you referring to? Is this “banning someone on twitter is the same as 1984” again?
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  17. #142
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    Quote Originally Posted by RichardX View Post
    Quote Originally Posted by mae View Post
    https://www.miamiherald.com/entertai...264077286.html
    Stephen King didn't break any legal ground on the stand Tuesday as he testified against his own publisher's efforts to merge with Penguin Random House. But he did know how to please a crowd and even get the judge to thank him for his time.

    “It was a real pleasure to hear your testimony," the otherwise businesslike U.S. District Judge Florence J. Pan told the author after he finished speaking as a government witness in a federal antitrust lawsuit against the merger of Penguin Random House and Simon & Schuster, King's longtime publisher.

    The 74-year-old King had a haunting but gregarious presence, his gaunt features accented by his gray suit and gray sneakers, his walk tentative, as it has been since he was struck by a van and badly injured in 1999. But once sworn in, he was relaxed and happy to talk, and ever alert to how to tell a story,

    “My name is Stephen King. I’m a freelance writer,” King said upon being asked to identify himself. The Justice Department is bidding to convince Pan that the proposed combination of Penguin Random House and Simon & Schuster, two of the world's biggest publishers, would thwart competition and damage the careers of some of the most popular authors — a status King holds like few others.

    King's remarkable career, with so many bestsellers he could only offer an estimate, has come amid waves of consolidation in the industry. As he noted in his remarks, there were dozens of publishers in New York when his breakthrough novel, “Carrie," came out, in 1974, and he has seen many of them either acquired by larger companies or forced out of business.

    Now, New York publishing is often a story of the so-called Big Five: Penguin Random House, Simon & Schuster, HarperCollins Publishing, Hachette Book Group and Macmillan. The publisher of “Carrie," Doubleday, is now part of Penguin Random House. So is another former King publisher, Viking Press.

    Over the first two days, attorneys for the two sides have presented notably contrasting views of the book industry. The Justice Department sees an increasingly limited market for bestsellers, with the Big Five well in command. Penguin Random House's side sees book publishing as dynamic and open to many, with the proposed merger having limited impact.

    King's appearance in U.S. District Court in Washington — highly unusual for an antitrust trial — brought a narrative of the evolution of book publishing toward the dominance of the Big Five companies. As government attorney Mel Schwarz walked King through his history starting as a new, unknown author in the 1970s and his relationships with agents and publishers, King homed in on a critique of the industry as it is now.

    King crisply answered Schwarz's questions, with some moments of humor and brief flashes of gentle outrage, as he testified during the second day of the trial expected to last two to three weeks.

    “The Big Five are pretty entrenched," he said.

    Under questioning later in the day, Simon & Schuster CEO Jonathan Karp detailed a world of fiercely competitive bidding among publishers — including between his firm and Penguin Random House — for authors’ works, sometimes besting each other by millions of dollars for high-profile writers.

    With his possible future boss, Penguin Random House Markus Dohle, among those looking on in the courtroom, Karp rejected the Big Five moniker, calling it “parochial and ethnocentric.”

    “I think there are a lot of good publishers all over the country. It’s not all about us,” Karp said.

    As an example, he said the nearly 100-year-old Simon & Schuster has endured more aggressive competition recently from Amazon’s book publishing business.

    But Justice Department attorney Jeff Vernon brought forward a message Karp had sent to John Irving, his favorite author, saying he didn’t think the government would allow Simon & Schuster and Penguin Random House to merge. “That’s assuming we still have a Department of Justice,” Karp wrote in the message.

    At one point, the judge appeared to support a core government argument — that greater concentration in the industry could reduce the compensation paid to authors. Through two days of testimony, Pan said, “there’s a sense that competition raises the amounts of advances” and less competition lowers them.

    King's displeasure about the proposed merger led him to voluntarily testify for the government.

    “I came because I think that consolidation is bad for competition," King said. The way the industry has evolved, he said, “it becomes tougher and tougher for writers to find money to live on.”

    King expressed skepticism toward the two publishers’ commitment to continue to bid for books separately and competitively after a merger.

    “You might as well say you're going to have a husband and wife bidding against each other for the same house," he quipped. “It would be sort of very gentlemanly and sort of, ‘After you’ and ‘After you,'" he said, gesturing with a polite sweep of the arm.

    King's was entertaining and informative, although he had little specific to say over how the merger might harm bestselling authors, with the government's case focusing on those receiving advances of $250,000 or more. Attorney Daniel Petrocelli, representing the publishers, told King he had no questions for him and demurred on a cross-examination, saying instead he hoped they could have coffee together some time.

    King has long been a public favorite, and spoke warmly Tuesday of “living the dream," paying all the bills while working at something he loves. But the author of “The Stand,” “The Shining" and many others wonders who else might have the chances he did. 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, potentially forming 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.

    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. He has also written fiction for other small companies, saying some of his work doesn't have the kind of commercial power the Big Five might expect.

    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.
    Who writes stuff like this which is completely inaccurate?

    "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."

    The first sentence is incorrect. King would be harmed by the deal. Which is why he is testifying against it. His testimony is to promote his own monetary self-interest. As the government acknowledges, this is about protecting the big money authors. The competition between big time publishers means more money on the table for a handful of best-selling writers such as himself. The fewer such publishers, the less competition for his services.
    Why do you hang here? You literally hate the guy... its so odd.
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  18. #143
    Citizen of Gilead sentinel is a splendid one to behold sentinel is a splendid one to behold sentinel is a splendid one to behold sentinel is a splendid one to behold sentinel is a splendid one to behold sentinel is a splendid one to behold sentinel is a splendid one to behold

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    I actually agree with webster100. You constantly re-write the facts the way you want to interpret them. If you don't like King....move on.
    I don't speak for everyone here but I'm sick of you.

  19. #144
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    Well, there's King the writer (who I think we all like), and then there's King the public figure who makes statements on various public issues and current events (with which we are likely to occasionally disagree or find fault).

    I might have missed the orientation, but I don't think members are required to suck King's dick in order to remain on this site (RF can let us know if this is inaccurate).
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  20. #145
    "I'm working on my sense of humor" Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an seldom gets put on hold Br!an's Avatar

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    You don't have to suck his dick. It wouldn't hurt you to give it a tug once and a while though.
    "One day you're going to figure out that everything they taught you was a lie."

  21. #146
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    Wow.. This kinda went south pretty quick.


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  22. #147
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    It sure did.
    Back on track please, and forgo the insults involving sexual acts.

  23. #148
    Citizen of Gilead RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX's Avatar

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    Quote Originally Posted by webstar1000 View Post
    Quote Originally Posted by RichardX View Post
    Quote Originally Posted by mae View Post
    https://www.miamiherald.com/entertai...264077286.html
    Stephen King didn't break any legal ground on the stand Tuesday as he testified against his own publisher's efforts to merge with Penguin Random House. But he did know how to please a crowd and even get the judge to thank him for his time.

    “It was a real pleasure to hear your testimony," the otherwise businesslike U.S. District Judge Florence J. Pan told the author after he finished speaking as a government witness in a federal antitrust lawsuit against the merger of Penguin Random House and Simon & Schuster, King's longtime publisher.

    The 74-year-old King had a haunting but gregarious presence, his gaunt features accented by his gray suit and gray sneakers, his walk tentative, as it has been since he was struck by a van and badly injured in 1999. But once sworn in, he was relaxed and happy to talk, and ever alert to how to tell a story,

    “My name is Stephen King. I’m a freelance writer,” King said upon being asked to identify himself. The Justice Department is bidding to convince Pan that the proposed combination of Penguin Random House and Simon & Schuster, two of the world's biggest publishers, would thwart competition and damage the careers of some of the most popular authors — a status King holds like few others.

    King's remarkable career, with so many bestsellers he could only offer an estimate, has come amid waves of consolidation in the industry. As he noted in his remarks, there were dozens of publishers in New York when his breakthrough novel, “Carrie," came out, in 1974, and he has seen many of them either acquired by larger companies or forced out of business.

    Now, New York publishing is often a story of the so-called Big Five: Penguin Random House, Simon & Schuster, HarperCollins Publishing, Hachette Book Group and Macmillan. The publisher of “Carrie," Doubleday, is now part of Penguin Random House. So is another former King publisher, Viking Press.

    Over the first two days, attorneys for the two sides have presented notably contrasting views of the book industry. The Justice Department sees an increasingly limited market for bestsellers, with the Big Five well in command. Penguin Random House's side sees book publishing as dynamic and open to many, with the proposed merger having limited impact.

    King's appearance in U.S. District Court in Washington — highly unusual for an antitrust trial — brought a narrative of the evolution of book publishing toward the dominance of the Big Five companies. As government attorney Mel Schwarz walked King through his history starting as a new, unknown author in the 1970s and his relationships with agents and publishers, King homed in on a critique of the industry as it is now.

    King crisply answered Schwarz's questions, with some moments of humor and brief flashes of gentle outrage, as he testified during the second day of the trial expected to last two to three weeks.

    “The Big Five are pretty entrenched," he said.

    Under questioning later in the day, Simon & Schuster CEO Jonathan Karp detailed a world of fiercely competitive bidding among publishers — including between his firm and Penguin Random House — for authors’ works, sometimes besting each other by millions of dollars for high-profile writers.

    With his possible future boss, Penguin Random House Markus Dohle, among those looking on in the courtroom, Karp rejected the Big Five moniker, calling it “parochial and ethnocentric.”

    “I think there are a lot of good publishers all over the country. It’s not all about us,” Karp said.

    As an example, he said the nearly 100-year-old Simon & Schuster has endured more aggressive competition recently from Amazon’s book publishing business.

    But Justice Department attorney Jeff Vernon brought forward a message Karp had sent to John Irving, his favorite author, saying he didn’t think the government would allow Simon & Schuster and Penguin Random House to merge. “That’s assuming we still have a Department of Justice,” Karp wrote in the message.

    At one point, the judge appeared to support a core government argument — that greater concentration in the industry could reduce the compensation paid to authors. Through two days of testimony, Pan said, “there’s a sense that competition raises the amounts of advances” and less competition lowers them.

    King's displeasure about the proposed merger led him to voluntarily testify for the government.

    “I came because I think that consolidation is bad for competition," King said. The way the industry has evolved, he said, “it becomes tougher and tougher for writers to find money to live on.”

    King expressed skepticism toward the two publishers’ commitment to continue to bid for books separately and competitively after a merger.

    “You might as well say you're going to have a husband and wife bidding against each other for the same house," he quipped. “It would be sort of very gentlemanly and sort of, ‘After you’ and ‘After you,'" he said, gesturing with a polite sweep of the arm.

    King's was entertaining and informative, although he had little specific to say over how the merger might harm bestselling authors, with the government's case focusing on those receiving advances of $250,000 or more. Attorney Daniel Petrocelli, representing the publishers, told King he had no questions for him and demurred on a cross-examination, saying instead he hoped they could have coffee together some time.

    King has long been a public favorite, and spoke warmly Tuesday of “living the dream," paying all the bills while working at something he loves. But the author of “The Stand,” “The Shining" and many others wonders who else might have the chances he did. 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, potentially forming 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.

    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. He has also written fiction for other small companies, saying some of his work doesn't have the kind of commercial power the Big Five might expect.

    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.
    Who writes stuff like this which is completely inaccurate?

    "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."

    The first sentence is incorrect. King would be harmed by the deal. Which is why he is testifying against it. His testimony is to promote his own monetary self-interest. As the government acknowledges, this is about protecting the big money authors. The competition between big time publishers means more money on the table for a handful of best-selling writers such as himself. The fewer such publishers, the less competition for his services.
    Why do you hang here? You literally hate the guy... its so odd.
    Nothing odd about it. I'm a huge fan of his books. Or at least the good ones he wrote several decades ago. Unfortunately, King has chosen to spend most of his time espousing political opinions etc. He has every right to do so. Just as it's entirely fair to respond to his opinions. Most people can make a distinction between movies and books and the individuals who produce them. They are not the same.

  24. #149
    Citizen of Gilead RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX is a glorious beacon of light RichardX's Avatar

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    Quote Originally Posted by sentinel View Post
    I actually agree with webster100. You constantly re-write the facts the way you want to interpret them. If you don't like King....move on.
    I don't speak for everyone here but I'm sick of you.
    You are sick of me because I noted that this article is factually incorrect? And you don't even attempt to note what I misstated? This isn't even a criticism of King per se. It's a criticism of the article. I have no problem with King arguing in his own self interest. The article got his motivations completely wrong, however. That is all that I was pointing out here.

    Here are the facts:

    Fact: King testified on behalf of the government.
    Fact: the objective of the case (as stated by the government itself) is to protect the advances of high-profile authors (those that receive $250K or more).
    Fact: There are literally a handful of such authors.
    Fact: King is one of the few high-profile authors.

    Contrary to what was stated in the article, King is not doing this for some altruistic purpose. He is one of the few that stands to benefit.

  25. #150
    Can Toi St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy has a brilliant future St. Troy's Avatar

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    Quote Originally Posted by Br!an View Post
    You don't have to suck his dick. It wouldn't hurt you to give it a tug once and a while though.
    It's always good to know I'm not the only one with a sense of humor!
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