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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Merger Notes: Two PEN Chapters, and Penguin Random House’s Buy of Rodale

'Never have the voices of writers and their allies been so essential,' says the leadership of the merging Los Angeles and New York City chapters of PEN. And one of the most robust lifestyle-and-wellness publishers in the States is now part of PRH. The post Merger Notes: Two PEN Chapters, and... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-11 00:00:00 UTC ]
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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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Random House to Publish New Pope Francis Book

The publisher won North American and audio rights, at auction, to ‘Happiness In This Life,’ a collection of Pope Francis’s short speeches and homilies, slated for publication in December. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-06 00:00:00 UTC ]
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Global Publishing Leaders 2017: Penguin Random House

Penguin Random House is the world’s leading trade book publisher, comprised of nearly 250 imprints and brands on five continents, with more than 15,000 new titles and 800 million print, audio and ebooks sold annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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World Book Day sales soar year on year as campaign report assesses engagement

Sales of World Book Day (WBD) titles soared by more than 50% in comparison to last year, with 469,274 copies in total shifted in the week of the event, sales figures have shown. Continue reading at The Bookseller

[ The Bookseller | 2017-07-17 00:00:00 UTC ]
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Penguin Random House shows Pride in LGBTQ authors

Penguin Random House this weekend took to the streets of central London to march in support of Pride, an annual event which this year marked 50 years since the decriminalisation of homosexuality in England. Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
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BookExpo's Librarians' Lounge 2017: Ice Cream, and Summer Reads, Courtesy of Penguin Random House

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[ Publishers Weekly | 2017-05-25 00:00:00 UTC ]
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Penguin Random House Grupo Editorial Is Acquiring Spain’s Ediciones B

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[ Publishing Perspectives | 2017-04-07 00:00:00 UTC ]
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ALA Midwinter 2017: Penguin Random House Announces Library Grant Winners

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[ Publishers Weekly | 2017-01-20 00:00:00 UTC ]
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Ownership of Penguin Random House Poised to Change

Pearson plans to sell its 47 percent stake in the publisher, which is home to John Grisham, “The Girl on the Train” and the “Game of Thrones” books. Continue reading at The New York Times

[ The New York Times | 2017-01-19 00:00:00 UTC ]
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Penguin Random House hold 'positive' meeting to resolve union row

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[ The Guardian | 2016-12-21 00:00:00 UTC ]
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More than 140 authors urge Penguin Random House to undo break with unions

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[ The Guardian | 2016-12-19 00:00:00 UTC ]
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Redundancy fears as Penguin Random House derecognises staff unions

Workers from Unite and NUJ fear move heralds industrial strife at company that publishes one in four books sold globallyPenguin Random House, the publisher of hits including The Girl on the Train, Fifty Shades of Grey and Jamie Oliver’s cookbooks, has terminated its collective agreement with... Continue reading at The Guardian

[ The Guardian | 2016-12-16 00:00:00 UTC ]
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Publishing risks 'becoming irrelevant', warns Penguin Random House boss

Industry’s lack of diversity ‘is a real issue, and we have been slow’, says Tom Welson, launching a new scheme to attract under-represented communitiesThe chief executive of the UK’s largest publisher has warned that the books industry will “become irrelevant” if it continues to fail to reflect... Continue reading at The Guardian

[ The Guardian | 2016-10-10 00:00:00 UTC ]
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What’s Selling: Global Rights Update from Penguin Random House

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Penguin Random House to Sell Fodor's to Internet Brands

Penguin Random House has reached an agreement to sell its travel division, Fodor’s, to Internet Brands, a Los Angeles-based online media and technology company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-21 00:00:00 UTC ]
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The Grid to Random House Business Books

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[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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