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 ]
News tagged with: #fifty shades #jamie oliver

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World Book Day 2020: Duchess of Cornwall, Cowell and O'Leary lead celebrations

The Duchess of Cornwall, Dermot O'Leary and Cressida Cowell will lead celebrations for World Book Day 2020 today (Thursday 5th March). Continue reading at The Bookseller

[ The Bookseller | 2020-03-04 07:51:05 UTC ]
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World Book Day's Supertato smashes into the top spot

Sue Hendra and Paul Linnet’s World Book Day title Supertato: Books are Rubbish (Simon & Schuster Children's) has racked up a 671% increase in sales week on week, selling 26,884 copies in the week leading up to 5th March. Continue reading at The Bookseller

[ The Bookseller | 2020-03-03 11:15:11 UTC ]
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Coronavirus: Milan’s Stefano Mauri to World Book Fairs and Festivals: Postpone

From near the heart of the Italian crisis, a publishing icon withdraws GeMS from London Book Fair and calls rights centers a "nightmare of epidemiologists.' The post Coronavirus: Milan’s Stefano Mauri to World Book Fairs and Festivals: Postpone appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-02 18:15:43 UTC ]
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Beano launches special comic for World Book Day

Beano is today (Wednesday 26th February) launching a special comic in support of World Book Day (WBD) (March 5th) with a free £1 WBD token. Continue reading at The Bookseller

[ The Bookseller | 2020-02-26 07:46:04 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 ]
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Actual cancel culture: White House threatens John Bolton about impending book.

Because they have nothing to hide about anything, the White House has issued some kind of threat—according to CNN’s Jake Tapper—in a formal letter to former National Security Adviser John Bolton, whose forthcoming memoir from Simon & Schuster contains first-hand accounts of Donald Trump... Continue reading at Literrary Hub

[ Literrary Hub | 2020-01-29 17:43:05 UTC ]
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“The House of God,” a Book as Sexist as It Was Influential, Gets a Sequel

Rachel Pearson reviews the sequel to “The House of God,” “Man’s 4th Best Hospital,” by Stephen Bergman, written under the pen name Samuel Shem, and discusses the book’s sexism and flaunting of privilege. Continue reading at New Yorker

[ New Yorker | 2019-12-25 13:00:00 UTC ]
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14 Romance Books Matched With Hogwarts Houses

Harry Potter and romance books? Of course!!!! Get ready to know more about these romance books matched with Hogwarts Houses. A Slytherin + Hufflepuff? Yes. Continue reading at Book Riot

[ Book Riot | 2019-12-18 11:38:39 UTC ]
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Sheikh Zayed Book Award’s World Outreach Prompts Seven Translations

The Sheikh Zayed Book Award’s international outreach and activities in 2019 have resulted in new rights deals for some of its winning titles. The post Sheikh Zayed Book Award’s World Outreach Prompts Seven Translations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-12-18 07:30:21 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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Sharjah World Book Capital Program Backs Kenyan Library Restoration

Backing 'the journey of a historic cultural icon' in Nairobi, the Sharjah World Book Capital program announces support for the McMillan Library restoration. The post Sharjah World Book Capital Program Backs Kenyan Library Restoration appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-12-17 13:10:22 UTC ]
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How does the Nobel Prize affect book sales? (And what if there’s controversy?)

In the publishing world, it seems like winning the Nobel Prize just isn’t what it used to be. A Deutsche Welle interview with Lucien Leitess, director of the Swiss publishing house Unionsverlag, explored the business of predicting a Nobel laureate’s commercial success. The controversy... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-11 19:54:24 UTC ]
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World Book Night grows audiobook offer in 2020

World Book Night will expand its audiobook offering in 2020, after a successful pilot with John Green’s Turtles All the Way Down in 2019. Continue reading at The Bookseller

[ The Bookseller | 2019-12-10 07:35:35 UTC ]
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Educational Publishers File Suit to Block Sale of Pirated E-books

The country's largest educational publishers have filed a lawsuit seeking to stop pirate sites from illegally selling their e-books and have won a temporary restraining order. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-26 05:00:00 UTC ]
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Tom Spurgeon, Who Surveyed the Comic Book World, Dies at 50

A reporter, editor and author, he co-wrote a biography of Stan Lee, oversaw a comics festival and started an award-winning website. Continue reading at The New York Times

[ The New York Times | 2019-11-21 22:50:30 UTC ]
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On World Children’s Day, the UN and IPA Highlight the SDG Book Club

On UNICEF's World Children's Day, the IPA reminds international publishers that their children's books can be part of the SDG Book Club. The post On World Children’s Day, the UN and IPA Highlight the SDG Book Club appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-20 13:09:40 UTC ]
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One of the largest book publishers in the world announces new publisher.

Andy Ward has been named a new vice president and publisher at Random House. Formerly editor in chief, Ward moves into the spot long held by the beloved Susan Kamil, who died in September. Ward has edited the likes of David Mitchell, George Saunders, and Imbolo Mbue, and will see his role as... Continue reading at Literrary Hub

[ Literrary Hub | 2019-11-19 15:22:43 UTC ]
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Ward becomes Random House US publisher

Andy Ward has been promoted to Random House US publisher effective immediately. Continue reading at The Bookseller

[ The Bookseller | 2019-11-18 15:04:10 UTC ]
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Ward, Desser Have New Roles at Random House

At Penguin Random House's flagship imprint, Andy Ward has been promoted to publisher, while Knopf's Robin Desser has been tapped as senior v-p and editor-in-chief. Ward is replacing Susan Kamil, who died, suddenly, last month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-18 05:00:00 UTC ]
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Bonnier Books launches publishing house in Denmark

Bonnier Books – the parent company of Bonnier Books UK – is launching a new publishing house in Denmark early next year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-15 11:11:48 UTC ]
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