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 ]

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Lucky Magazine Lays Off About 10 Staffers

Lucky magazine, the women's shopping title that was once a blockbuster success for Conde Nast, laid off about 10 staff members this week. One person with knowledge of the matter said nearly 15 employees were let go. A Lucky spokeswoman, however, put the number at "less than 10."The spokeswoman... Continue reading at Advertising Age

[ Advertising Age | 2015-02-06 00:00:00 UTC ]
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iBooks Bestsellers: ‘Girl on the Train’ Climbs to the Top

Paula Hawkins’s debut thriller, rose from #2 to hit the top of Apple’s iBooks bestseller list for the week ended February 2. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-04 00:00:00 UTC ]
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Hutchinson to publish charity title on fathers and sons

Bono, Colm Tóibín, Paul McCartney and Salman Rushdie are among the big names contributing to an anthology about sons and fathers, as part of a joint venture between Hutchinson and The Irish Hospice Foundation. Jason Arthur, publisher of Hutchinson, Heinemann and Windmill, agreed a joint-venture... Continue reading at The Bookseller

[ The Bookseller | 2015-02-04 00:00:00 UTC ]
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'All the Light We Cannot See' won't be dislodged from bestseller lists

'Light' came out months ago but is holding its own on bestseller lists among newer releases such as 'The Girl on the Train' by Paula Hawkins. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-01-29 00:00:00 UTC ]
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Review of the Year: Authors - A broad spectrum

The robust children’s market in 2014 has been the main theme of The Bookseller’s Review of the Year features, and it is driven home in our look at last year’s bestselling authors. The top 50 writers are once again eclipsed by the shadow of the Gruffalo, with the mighty Julia Donaldson taking... Continue reading at The Bookseller

[ The Bookseller | 2015-01-27 00:00:00 UTC ]
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Living With My Fear of Amazon, Destroyer of Worlds

I buy a lot of stuff from Amazon. Chances are you do, too.I used to feel pretty good about the e-tailer. Now, increasingly, I feel a little dirty every time I patronize it.For one thing, its nearly yearlong price-setting war with Hachette -- which quietly wrapped up in December with Amazon more... Continue reading at Advertising Age

[ Advertising Age | 2015-01-27 00:00:00 UTC ]
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Macmillan Science and Education, Springer Science+Business to Merge

The joint venture will create a publishing group of 1.5 billion euros in sales, and 13,000 employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-15 00:00:00 UTC ]
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Cornerstone in joint venture with Unbound

Penguin Random House division Cornerstone is to take over trade publication of titles crowd-funded by start-up Unbound, after the two companies agreed a joint venture deal. Continue reading at The Bookseller

[ The Bookseller | 2015-01-13 00:00:00 UTC ]
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Century-old publishing house goes to auction

The West Baltimore home of a defunct century-old book publisher that once commanded offices in Chicago and San Francisco will go on the auction block Wednesday — a casualty of Hurricane Katrina, technological change and even the "For Dummies" instructional book series. Continue reading at Baltimore Sun

[ Baltimore Sun | 2014-12-16 00:00:00 UTC ]
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'Invention of Wings' Amazon's Top Seller in 2014

Sue Monk Kidd’s 'The Invention of Wings' was Amazon’s top-selling title in 2014, the e-tailer said Friday morning. 'Gray Mountain' by John Grisham came in second. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-12 00:00:00 UTC ]
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iBooks Bestsellers: Grisham Pushes to the Top

Gillian Flynn’s 'Gone Girl' has been ousted from the top spot by John Grisham’s 'Gray Mountain.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-05 00:00:00 UTC ]
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iBooks Bestsellers: Grisham Lands at #2

'Gray Mountain,' the latest novel from John Grisham, debuted on Apple’s iBooks chart at #2. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-29 00:00:00 UTC ]
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Conde Nast Spins Off Lucky Magazine but Keeps Majority Stake

Conde Nast ended years of speculation on Monday about whether it would shutter Lucky or continue to print the sputtering magazine by instead spinning off Lucky into a separate company called The Lucky Group.The new company is a joint venture between Conde Nast and BeachMint, an e-commerce... Continue reading at Advertising Age

[ Advertising Age | 2014-08-12 00:00:00 UTC ]
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Simon & Schuster Second Quarter Sales Rise 12%

S&S reported a 12% rise in revenue in the second quarter of 2014, credited the growth to such print bestsellers as Hillary Clinton's 'Hard Choices' and Stephen King's 'Mr. Mercedes.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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How Four Magazines Increased Their Newsstand Sales

Among the magazines with the largest number of single-copy sales, only four saw increases at the newsstand through the first half of 2014: Prevention and Women's Health, which are owned by Rodale; HGTV Magazine, a joint venture between Hearst and Scripps; and All You, a Time Inc.... Continue reading at Advertising Age

[ Advertising Age | 2014-08-08 00:00:00 UTC ]
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O’Reilly Takes Full Ownership of Safari Books

O’Reilly Media has acquired the remaining 50% stake in Safari Books, a subscription ebook service offering access to business and tech content, originally launched as a joint venture with the Pearson Technology Group in 2001. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-05 00:00:00 UTC ]
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Hachette ebook sales fall in wake of dispute with Amazon over pricing

Hachette finance chief plays down effect of Amazon tactics as parent Lagardère reports 1% overall dip in salesThe Hachette publishing group has reported a fall in ebook sales as it continues its battle with Amazon over pricing.The publisher of Ian Rankin and Booker prize nominee Joshua Ferris... Continue reading at The Guardian

[ The Guardian | 2014-08-01 00:00:00 UTC ]
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RWA 2014: Sexy Swag and the “World’s Biggest Book Signing”

The Romance Writers of America conference offered endless opportunities for fans, aspirants, and bestselling authors to interact and self-promote. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-07-28 00:00:00 UTC ]
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Writers unite in campaign against 'thuggish' Amazon

Nearly 900 authors across world back criticism of online retailer's business tactics in ebooks dispute with US publisher HachetteThey include some of the biggest literary names on the planet, among them Stephen King, Donna Tartt, Paul Auster, James Patterson and John Grisham; a Pulitzer prize... Continue reading at The Guardian

[ The Guardian | 2014-07-25 00:00:00 UTC ]
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