August 2022 proposed for PRH and S&S deal court challenge

The Department of Justice is aiming to begin court proceedings against Penguin Random House owner Bertelsmann on 1st August 2022, in a bid to block the publisher from acquiring Simon & Schuster in a $2.2bn deal.  Continue reading at 'The Bookseller'

[ The Bookseller | 2021-12-12 18:18:18 UTC ]

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Obituary: Marian Wood

Marian Wood, a veteran editor and former v-p and publisher of an eponymous imprint at G.P. Putnam's Sons, died over the weekend. Penguin Random House called Wood's time in the business, which began in the 1970s, "one of the most illustrious careers in publishing." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
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PRH launches virtual Penguin Talks series with Speakers for Schools

Penguin Random House has launched a collaboration with charity Speakers for Schools delivering a series of virtual educational events from its authors, streaming to thousands of students across the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 20:41:22 UTC ]
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No-prorogation justice Lady Hale to publish memoir and guide to the law

Judge famous for ruling against Boris Johnson will recount how ‘a little girl from North Yorkshire became the most senior judge in the UK’ Lady Hale, who presided over the momentous decision to rule Boris Johnson’s prorogation of parliament unlawful, is set to write her memoirs, of how “a little... Continue reading at The Guardian

[ The Guardian | 2020-04-23 14:06:04 UTC ]
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Amazon revealed as mystery £250,000 donor to UK bookshops

Fundraiser for retailers facing hardship during the coronavirus pandemic reveals that benefactor is internet giant widely blamed for trade’s declineAmazon, the internet retail giant vilified for years as public enemy No 1 to booksellers, has been revealed as the surprise mystery benefactor that... Continue reading at The Guardian

[ The Guardian | 2020-04-23 11:37:33 UTC ]
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Michelle Obama will read your kids a story by video on Mondays

Former First Lady Michelle Obama will be reading children's books in a weekly series of videos for Penguin Random House and PBS Kids through May 11. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-04-17 20:08:16 UTC ]
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PRH UK Starts Furloughs

Penguin Random House UK is the latest U.K. publisher to take cost out of the business in the face of the Covid-19 pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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PRH UK furloughs staff for 'long-term health' of company

Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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In Mexico, PRHGE Prioritizes Digital as Coronavirus Hits

Penguin Random House Grupo Editorial Mexico has shifted to teleworking and added new digital workflows, and is offering online classes prioritizing the sales of e-books, much for the first time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Bertelsmann Now Owns 100% of PRH

Bertelsmann has completed the acquisition of Pearson's remaining 25% stake in Penguin Random House, making it the sole owner of the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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Changing of the guard?

For what seems like since time immemorial, Penguin Random House Children's has been by far the biggest beast in British kids' publishing. That might have changed this morning with HarperCollins' announcement that it will acquire Egmont UK, plus Egmont’s Polish and German children’s book... Continue reading at The Bookseller

[ The Bookseller | 2020-04-02 02:11:04 UTC ]
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Bertelsmann formally completes full acquisition of Penguin Random House

Bertelsmann has formally completed the full acquisition of Penguin Random House, following the sale of Pearson's remaining 25% stake for $675m (£530m).  Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 12:09:24 UTC ]
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Marchese Joins Tommy Nelson as V-P, Publisher

Shannon Marchese, formerly executive editor at Penguin Random House imprints Waterbrook & Multnomah and Convergent, has been hired as v-p, publisher of Tommy Nelson, Thomas Nelson’s children’s imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Weldon vows to help bookshops and changes PRH volunteering policy

Penguin Random House UK c.e.o. Tom Weldon says the company is actively seeking ways of helping struggling booksellers during the coronavirus lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-03-26 21:42:26 UTC ]
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Bookseller Covid-19 crowdfunder backed by PRH and BA

A crowdfunder set up by the trade to raise money for booksellers affected by the Covid-19 pandemic has increased its target to £100,000 after Penguin Random House and the Booksellers Association pledged support. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 19:31:47 UTC ]
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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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BookExpo Moves to July 22 to 26 in New York City: Coronavirus Update

A day after Penguin Random House announced it had withdrawn from the 2020 BookExpo and BookCon, the shows' organizers have moved the dates from May to July. The post BookExpo Moves to July 22 to 26 in New York City: Coronavirus Update appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-19 23:36:11 UTC ]
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PRH and Pan Mac lead British Book Awards trade shortlists

Penguin Random House and Pan Macmillan lead the pack among the shortlists for the trade categories of the British Book Awards 2020. Penguin Random House has 17 nominations and Pan Macmillan has 12. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 16:38:25 UTC ]
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PRH Audio partners with comic book publisher Rebellion

Penguin Random House UK has announced a new partnership between its audio division and Rebellion, a publisher of comic books, fiction and video games, in response to increasing demand for science fiction audio. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 22:09:16 UTC ]
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