Posted on October 31, 2023 at 12:00 PM by Sadye Scott-Hainchek
Neither of these updates from the publishing industry is probably surprising.
In the case of KKR's official acquisition of Simon & Schuster, the deal was struck back in August.
Of course, that's never a guarantee that the sale will actually go through — a previous deal for Penguin Random House was thwarted by an antitrust case.
However, KKR being a private equity firm meant there were no monopoly fears to stop it this time; you can read about the future of Simon & Schuster in The New York Times.
The other piece of publishing news is a variation on a frequent theme now.
The Guardian reports that four leading publishing trade associations are calling on the UK government to protect copyrighted works from artificial-intelligence tools.
"We need acknowledgment of and recompense for the copyright infringement that has already happened ... and assurances that those practices will end," the statement read, in part.
It cited, specifically, the database of pirated books known as Books3 that was used to train AI tools, according to an Atlantic investigation released this summer.
Categories: Today in Books