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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Vivendi buys stake in Lagardere

Vivendi, parent company of French publisher Editis, has acquired 10.6% of Lagardère. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 10:26:48 UTC ]
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NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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PRH UK Starts Furloughs

Penguin Random House UK is the latest U.K. publisher to take cost out of the business in the face of the Covid-19 pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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PRH UK furloughs staff for 'long-term health' of company

Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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Bertelsmann formally completes full acquisition of Penguin Random House

Bertelsmann has formally completed the full acquisition of Penguin Random House, following the sale of Pearson's remaining 25% stake for $675m (£530m).  Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 12:09:24 UTC ]
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Weldon vows to help bookshops and changes PRH volunteering policy

Penguin Random House UK c.e.o. Tom Weldon says the company is actively seeking ways of helping struggling booksellers during the coronavirus lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-03-26 21:42:26 UTC ]
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Bookseller Covid-19 crowdfunder backed by PRH and BA

A crowdfunder set up by the trade to raise money for booksellers affected by the Covid-19 pandemic has increased its target to £100,000 after Penguin Random House and the Booksellers Association pledged support. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 19:31:47 UTC ]
More news stories like this | News stories tagged with: #raise money #booksellers affected #covid-19 pandemic #booksellers association #penguin random house


Dohle: PRH to maintain 'very cost and cash-conscious approach' in wake of pandemic

Penguin Random House c.e.o. Markus Dohle has warned staff the publisher may need to tighten its belt in its approach to publishing facing "the difficult times ahead". Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 04:28:40 UTC ]
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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Hay Festival emergency fundraiser passes £75,000

The Hay Festival has soared past the halfway mark of its £150,000 crowdfunding campaign, launched after this year's event was cancelled. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 08:08:24 UTC ]
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Teresa Mlawer, Spanish-Language Publishing Pioneer, Dies at 75

Mlawer, one of the most recognized and respected people in the Hispanic publishing industry in the U.S., died on March 21; 'PW' Spanish-language editor Leyhla Aquile, who worked with Mlawer, offers a tribute. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-23 04:00:00 UTC ]
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PRH and Pan Mac lead British Book Awards trade shortlists

Penguin Random House and Pan Macmillan lead the pack among the shortlists for the trade categories of the British Book Awards 2020. Penguin Random House has 17 nominations and Pan Macmillan has 12. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 16:38:25 UTC ]
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PRH Audio partners with comic book publisher Rebellion

Penguin Random House UK has announced a new partnership between its audio division and Rebellion, a publisher of comic books, fiction and video games, in response to increasing demand for science fiction audio. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 22:09:16 UTC ]
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PRH Pulls Out of BookExpo, BookCon

With the new coronavirus continuing to spread in New York City, Penguin Random House said it was withdrawing its participation from the events, which are set to take place at the end of May in New York City's Javits Center. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-18 04:00:00 UTC ]
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Coronavirus: Macmillan and PRH Ease Library Digital Book Availability

Macmillan's John Sargent reverses his controversial stance on library ebooks, and Penguin Random House announces a discounted program amid the outbreak. The post Coronavirus: Macmillan and PRH Ease Library Digital Book Availability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-17 20:47:59 UTC ]
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PRH Organizes Global Task Forces in Response to Virus Threat

In a letter to Penguin Random House employees worldwide, PRH CEO Markus Dohle outlined how PRH plans to address the challenges the company faces coping with the global spread of the new coronavirus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-16 04:00:00 UTC ]
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Weldon prepares staff to work from home as PRH UK cancels all events

Penguin Random House UK is expecting all London-based staff to work from home from Tuesday (17th March) and cancelling all events, including bookshop events, Penguin Live, launch parties and "any meetings". Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 02:54:57 UTC ]
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Europa sells Ferrante's Lying Life audio to PRH

Europa Editions has sold world English language audio rights to Elena Ferrante's latest novel to Penguin Random House Audio.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 09:15:04 UTC ]
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Dohle seeks to reassure PRH staffers as US colleagues told to go home

Markus Dohle, chief executive officer for Penguin Random House, has shared a note to reassure staff worldwide that the safeguarding of their health is its "highest priority", at the same time as staff in its US offices, in New York, Colorado Springs and Emeryville, were told to "plan for today... Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 03:08:10 UTC ]
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