Publishers Weekly

KKR Is in 'No Hurry' to Sell Simon & Schuster

3 months ago
Pete Stavros, co-head of global equity for KKR, said that it will be at least five years before the private equity firm considers selling Simon & Schuster, which it bought last fall. Stavros added that he has many hopes for what S&S can accomplish before he looks for a new home for the company.

Court Trims Authors’ Copyright Lawsuit Against Open AI

3 months ago
A federal judge in California has dismissed a host of claims made by several groups of authors in a now consolidated lawsuit and gave the authors until March 13 to file an amended complaint. The suit’s core claim of direct infringement—which Open AI did not seek to dismiss—remains active.