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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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 ]
More news stories like this | News stories tagged with: #22% stake #$1 billion


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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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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Nihar Malaviya Made Permanent PRH CEO by Bertelsmann

Praising a strategy for letting PRH publishers work 'more creatively and entrepreneurially,' Bertelsmann's Thomas Rabe announces Nihar Malaviya the company's permanent worldwide CEO. The post Nihar Malaviya Made Permanent PRH CEO by Bertelsmann appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-19 05:41:40 UTC ]
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Bertelsmann buys £430m stake in Afya

Bertelsmann is expanding its footprint in Brazil’s fast-growing education market, buying a major stake in medical company Afya.   Continue reading at The Bookseller

[ The Bookseller | 2021-06-08 11:31:52 UTC ]
More news stories like this | News stories tagged with: #major stake #bertelsmann


Retired PRH Fulfillment Exec Phyllis Mandel Dies at 75

Phyllis Mandel, retired senior v-p of fulfillment at Bantam, BDD, and Penguin Random House distribution facilities, died on May 20 in Cape Cod—the day after her 75th birthday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #75th birthday #penguin random house


PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
More news stories like this | News stories tagged with: #post prh #markus dohle #strong year #bertelsmann #penguin random house


PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

German media firm, already owner of the giant Penguin Random House, says acquisition of another major publisher is ‘approvable’ within monopoly rulesGerman media group Bertelsmann is set to acquire publisher Simon & Schuster for $2.17bn, less than a year after it took control of Penguin... Continue reading at The Guardian

[ The Guardian | 2020-11-25 16:55:32 UTC ]
More news stories like this | News stories tagged with: #dan brown #hillary clinton #stephen king #advertising operations #$2bn deal #penguin random house #major publisher #bertelsmann


PRH owner Bertelsmann to buy Simon & Schuster in $2.2bn deal

PRH owner Bertelsmann is to buy Simon & Schuster from ViacomCBS for $2.2bn, it has been announced. Continue reading at The Bookseller

[ The Bookseller | 2020-11-25 12:40:42 UTC ]
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PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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PRH UK and DK join with other Bertelsmann companies for podcast business Storyglass

Penguin Random House UK and DK have joined with Bertelsmann stablemates Fremantle and BMG to launch a joint podcast business, called Storyglass, as part of the Bertelsmann Content Alliance UK. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 15:51:02 UTC ]
More news stories like this | News stories tagged with: #prh uk #penguin random house #bertelsmann


PRH Ups Digital Efforts in the Covid Era

Publishers are facing a new normal when it comes to their events businesses: digital or bust. At Penguin Random House, the efforts to pivot are manifold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Bertelsmann Now Owns 100% of PRH

Bertelsmann has completed the acquisition of Pearson's remaining 25% stake in Penguin Random House, making it the sole owner of the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house


Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Strong performance by PRH as Bertelsmann records highest first half for 12 years

Penguin Random House's parent company Bertelsmann has reported its highest first half for 12 years with €8.6bn group revenues, with PRH’s successful performance attributed to “strong bestsellers, high growth rates in audio formats, and acquisitions”. Continue reading at The Bookseller

[ The Bookseller | 2019-08-29 03:19:02 UTC ]
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PRH buys 45% stake in Sourcebooks

Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-24 02:11:56 UTC ]
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PRH Takes Minority Stake in Sourcebooks

Penguin Random House has acquired a 45% stake in Sourcebooks, the independent publisher founded by Dominique Raccah in 1987, which has shown rapid growth in the children's sector. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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PRH buys majority stake in Companhia das Letras

Penguin Random House has acquired majority ownership of Brazilian publishing house Companhia das Letras, in which it first acquired a 45% stake in 2012. Continue reading at The Bookseller

[ The Bookseller | 2018-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #45% stake