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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Obamas Make Book Deal With Penguin Random House

Former President Barack Obama and Michelle Obama in Washington last year. They plan to donate a portion of the advances for their books to charity. Continue reading at The New York Times

[ The New York Times | 2017-03-01 00:00:00 UTC ]
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Barack and Michelle Obama sign record book deals with Penguin Random House

Books by former president and first lady said to have been sold for more than $60m and will focus on White House yearsBarack and Michelle Obama have signed book deals with Penguin Random House, the publisher announced on Tuesday.Financial terms were not disclosed for the books, for which several... Continue reading at The Guardian

[ The Guardian | 2017-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nonfiction books #michelle obama #publisher announced #financial terms


Penguin Random House Acquires Obama Books

Penguin Random House has won the auction for books from former President Barack Obama and former First Lady Michelle Obama. PRH acquired world publication rights for both books, to be written by President and Mrs. Obama respectively. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-01 00:00:00 UTC ]
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ALA Midwinter 2017: Penguin Random House Announces Library Grant Winners

The awards, first announced last year by the Penguin Random House Foundation, are an effort to support and recognize the work oflibrarians. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-20 00:00:00 UTC ]
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Ownership of Penguin Random House Poised to Change

Pearson plans to sell its 47 percent stake in the publisher, which is home to John Grisham, “The Girl on the Train” and the “Game of Thrones” books. Continue reading at The New York Times

[ The New York Times | 2017-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plans #john grisham


Penguin Random House hold 'positive' meeting to resolve union row

Following widespread outcry after the publisher announced it was ending its relationship with unions, fresh talks suggest a new agreement is in the offingIn what is being widely interpreted as a management climbdown, Penguin Random House, the world’s biggest publisher, has resumed talks with... Continue reading at The Guardian

[ The Guardian | 2016-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher announced #widely interpreted #biggest publisher #wednesday morning #national union


More than 140 authors urge Penguin Random House to undo break with unions

Open letter from writers including David Almond, Michael Rosen and Meg Rosoff calls on publisher to ‘reverse its decision to derecognise unions’Children’s authors David Almond, Michael Rosen and Meg Rosoff are among more than 140 writers, booksellers and librarians who have signed a letter... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open letter #michael rosen #meg rosoff #letter calling #redundancy fears


Redundancy fears as Penguin Random House derecognises staff unions

Workers from Unite and NUJ fear move heralds industrial strife at company that publishes one in four books sold globallyPenguin Random House, the publisher of hits including The Girl on the Train, Fifty Shades of Grey and Jamie Oliver’s cookbooks, has terminated its collective agreement with... Continue reading at The Guardian

[ The Guardian | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #jamie oliver #national union


Penguin Random House Rules the Children's Book Market

The publisher has a 20-point lead in market share over its closest competitor, HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
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Publishing risks 'becoming irrelevant', warns Penguin Random House boss

Industry’s lack of diversity ‘is a real issue, and we have been slow’, says Tom Welson, launching a new scheme to attract under-represented communitiesThe chief executive of the UK’s largest publisher has warned that the books industry will “become irrelevant” if it continues to fail to reflect... Continue reading at The Guardian

[ The Guardian | 2016-10-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #real issue #largest publisher #tom weldon #under-represented communities #bame black


Penguin Random House, MTA Offer Free E-books to NYC Straphangers

Under the new Subway Reads promotion, NYC commuters will be able to download free ebooks via free wi-fi installed at 175 subway stations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-29 00:00:00 UTC ]
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Global Publishing Leaders 2016: Penguin Random House

Penguin Random House is the world’s leading trade book publisher, comprised of nearly 250 imprints and brands on five continents, with more than 15,000 new titles and 800 million print, audio and ebooks sold annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Penguin to Join Random House at Midtown Headquarters in 2019

Penguin Random House will be united under one roof, as Penguin is preparing to join Random House at its 1745 Broadway location in early 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
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What’s Selling: Global Rights Update from Penguin Random House

It's no surprise that book publishing giant Penguin Random House has plenty of success selling rights around the world. Here are their most recent highlights from the US and UK. The post What’s Selling: Global Rights Update from Penguin Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-07-27 00:00:00 UTC ]
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Penguin Random House to Sell Fodor's to Internet Brands

Penguin Random House has reached an agreement to sell its travel division, Fodor’s, to Internet Brands, a Los Angeles-based online media and technology company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sell fodor #internet brands #travel division #technology company


AWP 2016: Book Fair Kicks Off; Penguin Random House Takes Notice of Literary 'Tastemakers'

The annual AWP conference opened Thursday at the L.A. Convention Center with nearly 11,000 attendees and a record number of exhibitors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-01 00:00:00 UTC ]
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Penguin Random House Posts Record Profit for 2015

Post-merger integrations have yielded improved margins at the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Penguin Random House Reports Record Profits in 2015

Helped by savings from the further integration of Penguin and Random House, earnings at the world's biggest publisher rose 23.2% last year. 'Girl on the Train' and 'Grey' were among the house's top selling global titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-22 00:00:00 UTC ]
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Profits Jump at Penguin Random House

Pearson reported that its share of adjusted operating profit from Penguin Random House rose 30% in 2015 over 2014, hitting 90 million pounds from 69 million pounds in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits jump #pearson reported


Penguin Random House Highlights 2015 with Video

Markus Dohle, CEO of Penguin Random House, added a video component to his annual year-end letter to employees this year which served to highlight the bestselling and award-winning titles the company published this year as well as the progress the company has made in the integration of Penguin... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company published #markus dohle #award-winning titles #random house