Bertelsmann 'eyes 70-75% stake in PRH'

Bertelsmann chief executive Thomas Rabe has said he would "feel comfortable" owning between 70-75% of Penguin Random House in the future. Continue reading at 'The Bookseller'

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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PRH looks to grow UK distribution business

Penguin Random House UK will not be changing its distribution sites in the UK, in the wake of... Continue reading at The Bookseller

[ The Bookseller | 2014-02-07 00:00:00 UTC ]
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PRH Closing Pittston, Kirkwood Warehouses

The integration of Penguin Random House took a big physical step forward Thursday afternoon with the news that the company will close two of its four U.S. warehouses by June 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-06 00:00:00 UTC ]
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Bertelsmann revenues rise in 2013

Penguin Random House’s parent company Bertelsmann has announced preliminary figures for... Continue reading at The Bookseller

[ The Bookseller | 2014-01-31 00:00:00 UTC ]
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Symons and Telfer to lead PRH sales and consumer teams

Penguin Random House UK has announced a new sales leadership structure, and a new team bringing... Continue reading at The Bookseller

[ The Bookseller | 2014-01-28 00:00:00 UTC ]
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Fox to Secure Controlling Stake in YES Network

21st Century Fox on Friday announced it would take a controlling stake in YES Network, upping its of Yankees Entertainment and Sports (YES) Network, raising its ownership position in the RSN to 80 percent. The media conglomerate originally assumed a 49 percent stake in YES in November 2012,... Continue reading at AdWeek

[ AdWeek | 2014-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #minority stake #financial terms #ad sales #large part #business side #goldman sachs


Guardian Media Group to sell 50.1% stake in Trader Media Group

Guardian, Observer and theguardian.com publisher to invest sale proceeds, thought to be £600m to £700m, in core businessGuardian Media Group is selling its 50.1% stake in Auto Trader owner Trader Media Group to private equity firm Apax Partners in a deal thought to be worth £600m to £700m to the... Continue reading at The Guardian

[ The Guardian | 2014-01-21 00:00:00 UTC ]
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Nigerian school stakes claim to have set up Africa's first printing press

The Hope Waddell Training Institution, a school in Nigeria founded in 1895 by Presbyterian missionaries, is laying claim to have set up Africa's oldest press. But could it be so?Hope Waddell, in Calabar, Cross River State, had a functioning printing press from 1903, initially to serve the school... Continue reading at The Guardian

[ The Guardian | 2014-01-20 00:00:00 UTC ]
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PRH UK Unifies Children's Division Under Dow

Penguin Random House UK has created a single children's division, led by Francesca Dow. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-15 00:00:00 UTC ]
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Bonnier buys stake in Marginesy

Bonnier Books New Markets has made its first acquisition in Polish publishing house Marginesy.... Continue reading at The Bookseller

[ The Bookseller | 2014-01-10 00:00:00 UTC ]
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Hearst's Swartz Eyes B2B Media, Entertainment, for Growth

Hearst Corp. had record revenue and profits in 2013, when it marked the fourth year in a row of growth on both fronts since the 2008 recession, Steven Swartz said in a New Year’s letter to employees recapping the year he took over as chief executive. Swartz, formerly the head of Hearst’s... Continue reading at AdWeek

[ AdWeek | 2014-01-02 00:00:00 UTC ]
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Time Inc. Eyes Candidates for Chief Revenue Officer, Mulls Cost-Cutting Options

You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner... Continue reading at Advertising Age

[ Advertising Age | 2013-12-18 00:00:00 UTC ]
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Dohle Thanks PRH Employees for Great Start

In a brief year end note to Penguin Random House employees worldwide, CEO Markus Dohle thanked everyone for putting merger distractions aside did give the company a solid start. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-16 00:00:00 UTC ]
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Apple Doesn't Want to Pay the Feds' E-Book Lawyer $70,000 a Week

Apple lost its antitrust ebook trial this summer. Now it has to pay a court-appointed attorney more than $1,100 an hour to keep tabs on itself. Continue reading at AllThingsD

[ AllThingsD | 2013-11-29 00:00:00 UTC ]
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Eyeing Indie Presses for The Next Great Thing

Last fall, Timothy O’Connell, an editor at Vintage, noticed a starred PW review of The Natural Order of Things by Kevin P. Keating. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-16 00:00:00 UTC ]
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PRH Makes Donation for Typhoon Relief

A substantial donation to the Red Cross was made, with concern for the nearly 1,400 PRH employees in the Author Solutions division who work in Cebu, an area very near where the greatest devastation has taken place. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-14 00:00:00 UTC ]
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Amazon's Matchbook service now live, works with over 70,000 books for $3 or less

Amazon's Matchbook service, which offers ebook versions of hard copies of books like Amazon's Autorip offers digital versions of physical music, is now live. The service supports over 70,000 books at launch with digital equivalents costing $3 or less. The service recognizes purchases from as far... Continue reading at Engadget

[ Engadget | 2013-10-29 00:00:00 UTC ]
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Polish Ebook Industry Players Eye Rapid Market Expansion

By nixing DRM and selling in the MOBI format, Poland’s ebook players are making strides forward, but the market is still fragmented. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-17 00:00:00 UTC ]
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Frankfurt Book Fair 2013: Redmayne Talks New Storytelling Models and Competing With PRH

The CEO of HarperCollins U.K. talked about taking his new job and how he plans on taking HC into the future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-09 00:00:00 UTC ]
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Tribune Eyes Expense Cuts in Newspaper Unit

Tribune Co., which owns the Los Angeles Times, Chicago Tribune and seven other daily newspapers, is reviewing possible cost cuts in its print publishing division. "We're trying to determine how to put our publishing businesses on the best po ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-09-30 00:00:00 UTC ]
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