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 ]
Written By: Gayle Feldman Kindle sales of a book could be as much as 80% of its physical sales, Amazon's head of Kindle content told Digital Book World. Russ Grandinetti's speech, 'To Help Publishers Optimize E-book Sales', coincided with the launch of Kindle Singles on Amazon's Kindle store.... Continue reading at The Bookseller
[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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