If completed, the deal would see the book publisher take over Simon & Schuster
Author Stephen King exits the federal court in Washington, DC, on August 2. Picture: TING SHEN/BLOOMBERG
“It becomes tougher and tougher for writers to find enough money to live on,” King testified in the federal court in Washington, DC. King’s own books are largely published by Simon & Schuster’s Scribner imprint. He said he stayed with them because they had published authors he idolised and were “muscular” in their dealings with book sellers.
“That is the minor leagues for writers,” King said of independent publishing houses, though he added that new opportunities were cropping up at television streaming services. “The streaming networks have been a gold rush for writers.”
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