Books world alarmed by Pearson's sale of stake in Penguin Random House

Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express uneaseAuthors and staff have reacted cautiously to news that Pearson is to sell its stake in Penguin Random House (PRH), the world’s biggest publisher and home to some of the most successful brands in books, among them Fifty Shades of Grey, Jamie Oliver and The Girl on the Train.PRH moved quickly to address fears among staff that the sale of the 47% share to German-owned Bertelsmann would affect jobs. In a statement, global chief executive Markus Dohle promised it would be “business as usual for us”. He added: “Both Pearson and Bertelsmann continue to be very supportive of our strategy and our success, and both have been valued shareholders for us.” Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Penguin Books pre-empts YA thriller from 'astounding new voice'

Penguin Books has pre-empted What Beauty There Is by Cory Anderson, a YA debut about "beauty, brutality and broken people trying to survive", branded "a masterpiece of a thriller". Continue reading at The Bookseller

[ The Bookseller | 2021-01-12 13:52:08 UTC ]
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Print Book Sales Rose 8.2% in 2020

With all major categories posting increases, unit sales of print books rose 8.2% in 2020 over 2019 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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Book Fair Sales Plunge at Scholastic

Revenue at Scholastic's book fairs dropped 79% and total revenue at Scholastic dropped 32% in the quarter ended November 31, 2020, compared to the second quarter of fiscal 2020, as the pandemic led to a significant decline in the number of fairs held. The publisher has tapped two new leaders for... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-18 05:00:00 UTC ]
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Print Book Sales Rose 16.9% Last Week

With gains across all categories, unit sales of print books rose 16.9% last week over the week ended December 5. Adult nonfiction and juvenile nonfiction led the way with increases of 19.7% and 19.5%, respectively. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-17 05:00:00 UTC ]
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Jay-Z Brings Roc 101 Imprint to Random House

Jay-Z's entertainment company, Roc Nation, has created an imprint at Random House called Roc Lit 101. The new imprint will be overseen by Chris Jackson, publisher and editor-in-chief of One World, and Roc Nation's executive v-p Jana Fleishman. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-15 05:00:00 UTC ]
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Melania Trump’s post-White House book might not be a memoir after all, which is fine.

For a while, Melania Trump has teased that she might write a book after the Trump family exits the White House. I, like many, had mixed feelings. On one hand, it’d be interesting to see the Trump administration from the point of the view of the famously sullen First Lady; but on the other hand,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-10 18:18:04 UTC ]
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PRH Canada Divides Knopf and Random House

Penguin Random House Canada is splitting the Knopf Random House Canada publishing group into two different imprints: Knopf Canada and Random House Canada. Each imprint has new leadership and will operate independently. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
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Year-End Changes: PRH Canada Separates Knopf and Random House

CEO Kristin Cochrane retains Anne Collins while moving Martha Kanya-Forstner to lead Knopf Canada and bringing in Sue Kuruvilla for RH Canada. The post Year-End Changes: PRH Canada Separates Knopf and Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-12-09 21:22:13 UTC ]
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Has the Holiday Shopping Surge Started? Book Sales Say Yes

Unit sales of print books increased 18.3% last week, an indication that the early shopping surge that retailers have been hoping for may be taking place. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-20 05:00:00 UTC ]
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Total book sales fell 11% in first-half, PA stats show

Total book sales across the industry fell by 11% in the first six months of 2020, despite a big increase for fiction and a surge in digital formats, figures released by the Publishers Association (PA) show. Continue reading at The Bookseller

[ The Bookseller | 2020-11-13 17:51:49 UTC ]
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COVID-19 has hurt physical book sales and helped audio and digital

You would expect the recent coronavirus crisis to have helped digital entertainment, but with reading it is still led by the traditional hardback and softback formats. However, the pandemic is helping to dethrone physical books, as people are more cautious about going out. While paper books... Continue reading at Betanews

[ Betanews | 2020-11-11 10:35:53 UTC ]
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NPD Books: US October Sales up 7.1 Percent Over 2019: ‘A Healthy Month’

The United States market is on track for 'one of the highest volume years for US trade book sales in NPD BookScan history.' The post NPD Books: US October Sales up 7.1 Percent Over 2019: ‘A Healthy Month’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-10 14:47:08 UTC ]
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Industry Notes: Italian Bookstores Stay Open, Guadalajara Named World Book Capital

Italy's bookstores are allowed to operate amid COVID-19 restrictions, and Guadalajara becomes UNESCO's World Book Capital for 2022. The post Industry Notes: Italian Bookstores Stay Open, Guadalajara Named World Book Capital appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-04 20:25:38 UTC ]
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How the Literary World Reinvented the Book Festival in Real Time

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[ Literrary Hub | 2020-11-03 09:57:24 UTC ]
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Hay House bags book from Glamour's Emma Howarth

Hay House will publish A Year of Mystical Thinking: Make Life Feel Magical Again by Glamour journalist Emma Howarth. Continue reading at The Bookseller

[ The Bookseller | 2020-11-03 08:01:43 UTC ]
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Harry Potter publisher says Covid has weaved magic over book sales

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[ The Guardian | 2020-10-27 12:22:12 UTC ]
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Arsène Wenger's story guns into top spot amid strong book sales

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[ The Bookseller | 2020-10-19 21:24:07 UTC ]
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British Army to share leadership know-how in book for Penguin Business

Penguin Business has acquired an official book on British Army leadership, revealing to civilians key take-aways to become better leaders themselves. Continue reading at The Bookseller

[ The Bookseller | 2020-10-16 17:29:49 UTC ]
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Higher Digital Sales Drove Gains of Adult Books in August

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[ Publishers Weekly | 2020-10-13 04:00:00 UTC ]
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