After Six Turbulent Months, Penguin Random House Profits Increase Slightly

Despite a tumultuous first half of 2023 that included major buyouts and some layoffs, sales at Penguin Random House rose 9.5% in the first six months of 2023 over the comparable period in 2022. Operating earnings increased slightly, by €1 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
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Pearson to sell its stake in Penguin Random House

Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade... Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
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Penguin Random House hold 'positive' meeting to resolve union row

Following widespread outcry after the publisher announced it was ending its relationship with unions, fresh talks suggest a new agreement is in the offingIn what is being widely interpreted as a management climbdown, Penguin Random House, the world’s biggest publisher, has resumed talks with... Continue reading at The Guardian

[ The Guardian | 2016-12-21 00:00:00 UTC ]
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More than 140 authors urge Penguin Random House to undo break with unions

Open letter from writers including David Almond, Michael Rosen and Meg Rosoff calls on publisher to ‘reverse its decision to derecognise unions’Children’s authors David Almond, Michael Rosen and Meg Rosoff are among more than 140 writers, booksellers and librarians who have signed a letter... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #redundancy fears #letter calling #meg rosoff #michael rosen #open letter

Redundancy fears as Penguin Random House derecognises staff unions

Workers from Unite and NUJ fear move heralds industrial strife at company that publishes one in four books sold globallyPenguin Random House, the publisher of hits including The Girl on the Train, Fifty Shades of Grey and Jamie Oliver’s cookbooks, has terminated its collective agreement with... Continue reading at The Guardian

[ The Guardian | 2016-12-16 00:00:00 UTC ]
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Penguin Random House Rules the Children's Book Market

The publisher has a 20-point lead in market share over its closest competitor, HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
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Publishing risks 'becoming irrelevant', warns Penguin Random House boss

Industry’s lack of diversity ‘is a real issue, and we have been slow’, says Tom Welson, launching a new scheme to attract under-represented communitiesThe chief executive of the UK’s largest publisher has warned that the books industry will “become irrelevant” if it continues to fail to reflect... Continue reading at The Guardian

[ The Guardian | 2016-10-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bame black #under-represented communities #tom weldon #largest publisher #real issue

Penguin Random House, MTA Offer Free E-books to NYC Straphangers

Under the new Subway Reads promotion, NYC commuters will be able to download free ebooks via free wi-fi installed at 175 subway stations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-29 00:00:00 UTC ]
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Global Publishing Leaders 2016: Penguin Random House

Penguin Random House is the world’s leading trade book publisher, comprised of nearly 250 imprints and brands on five continents, with more than 15,000 new titles and 800 million print, audio and ebooks sold annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Penguin to Join Random House at Midtown Headquarters in 2019

Penguin Random House will be united under one roof, as Penguin is preparing to join Random House at its 1745 Broadway location in early 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
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What’s Selling: Global Rights Update from Penguin Random House

It's no surprise that book publishing giant Penguin Random House has plenty of success selling rights around the world. Here are their most recent highlights from the US and UK. The post What’s Selling: Global Rights Update from Penguin Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-07-27 00:00:00 UTC ]
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Penguin Random House to Sell Fodor's to Internet Brands

Penguin Random House has reached an agreement to sell its travel division, Fodor’s, to Internet Brands, a Los Angeles-based online media and technology company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-21 00:00:00 UTC ]
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AWP 2016: Book Fair Kicks Off; Penguin Random House Takes Notice of Literary 'Tastemakers'

The annual AWP conference opened Thursday at the L.A. Convention Center with nearly 11,000 attendees and a record number of exhibitors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #record number #convention center

Bertelsmann plans to raise stake in Penguin Random House

German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian

[ The Guardian | 2016-03-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #joint venture #paula hawkins #stephen king #john grisham #bestselling authors #earnings increase #book publisher

Penguin Random House Highlights 2015 with Video

Markus Dohle, CEO of Penguin Random House, added a video component to his annual year-end letter to employees this year which served to highlight the bestselling and award-winning titles the company published this year as well as the progress the company has made in the integration of Penguin... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
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Penguin Random House Unifies E-book Terms for Libraries

Effective January 1, 2016, all Penguin ebooks purchased by libraries after January 1 will be licensed on a perpetual access model. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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Bestsellers Offset Weak E-book Sales at Penguin Random House

A number of big bestsellers helped to offset 'weaker' ebook sales in the third quarter, Pearson reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-21 00:00:00 UTC ]
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My Job in 5: Helen Chapman, Picture book designer, Penguin Random House UK

Describe your role My job title is picture book designer but people outside the industry always think that I must illustrate all the books! Unfortunately I’m not that talented (though I do a mean stick man) so I end up describing my job as being an editor for the illustrators. Working in... Continue reading at The Bookseller

[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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First Half Results Rise at Penguin Random House

Sales rose 16.2%, to 1.70 billion euros, and earnings increased 30.2% at Penguin Random House in the first half of 2015 over the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-31 00:00:00 UTC ]
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My Job In 5: Ania Duggan, Commissioning Editor- Audio, Penguin Random House Group UK

Describe your role I project manage the creation of our audiobooks by a wide range of fiction and non-fiction authors. This involves reading manuscripts and identifying books to record, acquiring audio rights if necessary, casting the right voices to bring stories to life and arranging... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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