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 German media group controls RTL entertainment company and owns about half of Penguin Random House, publisher of bestselling authors such as John Grisham, Stephen King and Paula Hawkins, in a joint venture with Pearson. Continue reading... Continue reading at 'The Guardian'

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

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Industry Notes: Frank Sambeth Out at Verlagsgruppe Random House, Thomas Rathnow In

Praising Frank Sambeth for 'his expertise in digital topics in particular,' Penguin Random House CEO Markus Dohel names Thomas Rathnow as Verlagsgruppe Random House's new chief. The post Industry Notes: Frank Sambeth Out at Verlagsgruppe Random House, Thomas Rathnow In appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-11 00:00:00 UTC ]
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Netflix plans $2bn debt raise to fund content growth

Netflix is planning on raising $2bn (£1.5bn) through a bond offering to fund content growth. Continue reading at The Bookseller

[ The Bookseller | 2018-10-25 00:00:00 UTC ]
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PRH US merges two major divisions, Random House and Crown

PRH US has combined two of its adult publishing divisions, Random House and Crown, under the leadership of Gina Centrello, president and publisher of Random House (pictured). Crown president and publisher Maya Mavjee will leave the company at the end of the year. David Drake, executive vice... Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Industry Notes: IPA Election Results; McIntosh Combines Crown and Random House

In organizational and corporate changes this month, the International Publishers Association's elections refresh committees while Penguin Random House US repositions Crown Publishing. The post Industry Notes: IPA Election Results; McIntosh Combines Crown and Random House appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-19 00:00:00 UTC ]
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The Random House and Crown Publishing Groups Merge

The Crown Publishing Group has joined the Random House Publishing Group in a newly-combined super group reporting to Gina Centrello, who has been named president and publisher. The imprints will retain their distinct editorial identities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-18 00:00:00 UTC ]
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Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited Provided by Two Campuses

A new Penguin Random House site for educators markets curriculum-relevant titles from both the frontlist and backlist. And two programs are providing tens of thousands of Cengage's new subscription to students. The post Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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German writer sues Random House for refusing to publish controversial book on Islam

A German author is taking Random House to court for declining to release his book Hostile Takeover: How Islam Hampers Progress and Threatens Society which it originally signed on the basis of a 10-page proposal. Continue reading at The Bookseller

[ The Bookseller | 2018-07-10 00:00:00 UTC ]
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George Saunders’ ‘Lincoln in the Bardo’ Tops 2018 Audie Awards for Random House

Lincoln in the Bardo by George Saunders was named Audiobook of the year at the annual Audie Awards, presented by the Audio Publishers Association in the US. The post George Saunders’ ‘Lincoln in the Bardo’ Tops 2018 Audie Awards for Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-01 00:00:00 UTC ]
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Penguin claims two spots on Pushkin House Russian Book Prize shortlist

Penguin has scored two books on the Pushkin House Russian Book Prize shortlist, one about Stalin’s metereologist and another about an eight-year journey across “forgotten Russia”. Continue reading at The Bookseller

[ The Bookseller | 2018-04-24 00:00:00 UTC ]
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Parkland Survivors Ink Book Deal with Random House

Random House has acquired '#NeverAgain: A New Generation Draws the Line' by teen siblings David and Lauren Hogg, who survived the school shooting in Parkland, Fl. The book is set for a June 5 release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-19 00:00:00 UTC ]
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Obituary: Sono Rosenberg, Longtime Random House Copy Editor

Sono Rosenberg, a longtime copy editor for Random House who worked with authors including Maya Angelou and James Michener, died at her home in New York on March 12. She was 98. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-22 00:00:00 UTC ]
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Blake and Gaiman help raise £160k for House of Illustration

  Quentin Blake and Neil Gaiman were among the authors and illustrators who helped to raise more than  £160,000 for the House of Illustration on Monday evening (11th December). Continue reading at The Bookseller

[ The Bookseller | 2017-12-13 00:00:00 UTC ]
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A Look at Random House's Newhouse Years

Nicholas Latimer, who joined Random House in 1983 and is now v-p and director of publicity at Knopf, recalsl what working for the publisher was like when it was owned by the late media and publishing magnate Si Newhouse. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-20 00:00:00 UTC ]
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Pearson completes sale of 22% stake in PRH to Bertelsmann

Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Random House to Publish New Pope Francis Book

The publisher won North American and audio rights, at auction, to ‘Happiness In This Life,’ a collection of Pope Francis’s short speeches and homilies, slated for publication in December. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-06 00:00:00 UTC ]
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Bertelsmann Ups PRH Stake to 75%

Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-11 00:00:00 UTC ]
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Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales

Reports in Russia describe a 60-percent growth in ebook sales last year, and analysts say digital formats may grow at 30 to 50 percent for years to come. The post Russia’s Readers Raise the Digital Stakes Amid Falling Print Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-22 00:00:00 UTC ]
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Bertelsmann acquires stake in Indian ed-tech company Eruditus

Bertelsmann has acquired a stake in Indian ed-tech company Eruditus Executive Education. Continue reading at The Bookseller

[ The Bookseller | 2017-04-04 00:00:00 UTC ]
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Random House Studio Sold to Fremantle Media

The film development unit Random House launched in 2007 (which was then called Random House Films), has been sold to Fremantle Media North America. Peter Gethers, longtime head of RH Studio, will stay on as an executive v-p at the newly owned unit. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-19 00:00:00 UTC ]
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‘To Build Their Own Worlds’: Christopher Myers Launches a Random House Imprint

'Each untold story represents a world that has been erased,' says Christopher Myers on the announcement of his new imprint with Random House Children's Books. The post ‘To Build Their Own Worlds’: Christopher Myers Launches a Random House Imprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-07-11 00:00:00 UTC ]
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