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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As Ukraine Sales Dip, Russia’s Eksmo Sells Bookstore Stake

Politics and a 15% drop in sales in 2014 has prompted Eksmo to sell its stake in Ukraine's Logos-Trans, which operates 50 Book Supermarket stores across the country. The post As Ukraine Sales Dip, Russia’s Eksmo Sells Bookstore Stake appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-12-11 00:00:00 UTC ]
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Major lay-offs at PRH US's Kirkwood warehouse

Two-hundred and eighty-six workers are to go from Penguin Random House US' Kirkwood warehouse and distribution facility, starting at the end of January. The publisher has confirmed filing a notice with the New York Department of Labor to this effect. The reason for the closure given in the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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PRH Firms Up Publishing Operations Team

Penguin Random House announced the senior management appointments of its now-unified publishing operations group, which will be headed by Sue Malone-Barber as senior v-p, director, publishing operations, PRH. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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Bertelsmann c.f.o. Hartmann departs

Bertelsmann’s chief financial officer Judith Hartmann will be leaving the company at the end of January 2015. C.e.o Thomas Rabe will take interim responsibility for the financial department until the Supervisory Board decides on Hartmann’s successor. Hartmann joined the Bertelsmann Executive... Continue reading at The Bookseller

[ The Bookseller | 2014-11-30 00:00:00 UTC ]
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Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks

South Korean ad company Cheil Worldwide has reached a deal to buy a stake in Iris Worldwide, a London-based international agency network that works with clients including Samsung, Reckitt Benckiser, Shell, Adidas, Barclaycard, Domino's and Diageo.The companies declined to disclose terms of the... Continue reading at Advertising Age

[ Advertising Age | 2014-11-25 00:00:00 UTC ]
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OUP sponsors working space for ed-tech start-ups

Oxford University Press has partnered with Emerge Education, an "accelerator" for education technology start-ups. The Emerge Education accelerator programme aims to improve educational outcomes worldwide by supporting innovative solutions and ideas from start-up companies. It offers ed-tech... Continue reading at The Bookseller

[ The Bookseller | 2014-11-20 00:00:00 UTC ]
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Nosy Crow, Profile and PRH among FutureBook's innovation winners

Nosy Crow m.d. Kate Wilson has been named most inspiring digital publishing person at the FutureBook Innovation Awards. Wilson was named as the winner at a ceremony held at the FutureBook Conference in central London this afternoon (14th November), beating a shortlist that also included Unbound... Continue reading at The Bookseller

[ The Bookseller | 2014-11-15 00:00:00 UTC ]
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Bertelsmann revenues 'highest for seven years'

Bertelsmann has reported its highest revenues in seven years, at €11.82bn for the first nine months of 2014, up 4.3% year-on-year from €11.33bn, with the formation of Penguin Random House among factors contributing "significantly" to the increase. Operating EBITDA was €1.48bn to the end of... Continue reading at The Bookseller

[ The Bookseller | 2014-11-14 00:00:00 UTC ]
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Blackman unveils teenage fan fiction project backed by PRH

Children’s laureate Malorie Blackman has launched a fan fiction-inspired project to find the best teen writers and creatives.   Continue reading at The Bookseller

[ The Bookseller | 2014-11-13 00:00:00 UTC ]
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Staff Restructuring at PRH Canada

Yesterday, the publisher announced that Lynn Henry, who has been with Doubleday Canada since 2010, will take on the newly created role of publishing director of Knopf Canada, now reporting to PRH Canada publisher Anne Collins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-11 00:00:00 UTC ]
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PRH to close French and German offices

Penguin Random House UK is to close its Penguin Benelux and France and Penguin Germany offices, putting up to six roles at risk of redundancy, as part of a restructure of its international and group companies’ sales teams. Continue reading at The Bookseller

[ The Bookseller | 2014-11-05 00:00:00 UTC ]
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PRH UK Proposes International Sales Restructure

Penguin Random House UK has announced a proposed restructure of its international sales with Dean Chance heading up the export team and Rob Waddington in charge of the group team. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-04 00:00:00 UTC ]
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PRH Canada Cancels Ghomeshi's Book

Penguin Random House Canada has canceled the forthcoming book by former CBC Radio host Jian Ghomeshi, who is currently embroiled in a sexual harassment scandal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-04 00:00:00 UTC ]
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Danielle Steel Strikes Ten-Book Deal with PRH

Perennial bestseller Danielle Steel has signed a ten-book deal with Penguin Random House's Ballantine Bantanm Dell imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-31 00:00:00 UTC ]
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Bertelsmann invests in India e-learning company

Bertelsmann has continued its rapid education expansion with a direct investment in iNurture Education Solutions, a provider of higher education services in India. Shobhna Mohn, executive vice president of emerging markets at Bertelsmann, said the investment addressed two of the company's... Continue reading at The Bookseller

[ The Bookseller | 2014-10-31 00:00:00 UTC ]
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PRH's Black Crown project to go offline

Penguin Random House is to take its interactive narrative gaming experience Black Crown offline at the end of this week, with creator Rob Sherman conceding that "the economics do not stand up". The online narrative gaming project, with Sherman's story set in the shady Widsith Institute,... Continue reading at The Bookseller

[ The Bookseller | 2014-10-30 00:00:00 UTC ]
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Hachette Livre increases stake in Azbooka-Atticus

Hachette Livre has announced an increased stake in the capital of Russian publisher Azbooka-Atticus, rising from a 25% holding to 49%. The move "reflects the successful cooperation between the two companies since Hachette Livre became a shareholder in March 2011, the vibrancy of the Russian... Continue reading at The Bookseller

[ The Bookseller | 2014-10-29 00:00:00 UTC ]
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Zalaznick joins PRH board

Penguin Random House has appointed entertainment industry executive Lauren Zalaznick as the first independent board member of the company. Zalaznick spent 12 years at NBCUniversal in a series of positions and currently publishes the LZ Sunday Paper, a newsletter about women in business, media... Continue reading at The Bookseller

[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Bertelsmann buys e-learning company Relias Learning

Bertelmann is to spend "in the mid-hundreds of millions" in US dollars on American e-learning provider Relias Learning, describing it as the company's "biggest purchase in the US since it took over Random House in 1998". The buy, which will have to be approved by antitrust authorities, is... Continue reading at The Bookseller

[ The Bookseller | 2014-10-22 00:00:00 UTC ]
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PRH Completes Objetiva Buy

Penguin Random House has finalized its acquisition of Editora Objetiva in Brazil, first announced in March. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-02 00:00:00 UTC ]
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