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

Other news stories related to: "Books world alarmed by Pearson's sale of stake in Penguin Random House"


Digital sales double at S&S, international "booming"

Written By: Graeme Neill Publication Date: Wed, 03/08/2011 - 09:20 Digital sales more than doubled at Simon & Schuster in its second-quarter but did not offset the decline in print. However, the publisher reported an increase in profits of 12% off the back of the shift to digital and... Continue reading at The Bookseller

[ The Bookseller | 2011-08-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publisher reported #simon schuster


Faber secures The Safe House

Written By: Graeme Neill Publication Date: Wed, 03/08/2011 - 16:21 Faber has bought a crime novel about a man involved a motorcycle accident, who is told the girl who was travelling with him does not appear to exist. Editor Katherine Armstrong bought two books from from Vivien Green at Sheil... Continue reading at The Bookseller

[ The Bookseller | 2011-08-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #vivien green #safe house


The Stranger’s Child leads the way in Booker sales

Written By: Philip Stone Publication Date: Thu, 04/08/2011 - 09:30 Man Booker Prize bookies favourite Alan Hollinghurst is proving the most popular of the longlisted titles among the book buying public. read more Continue reading at The Bookseller

[ The Bookseller | 2011-08-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #longlisted titles


Penguin plans focus on organic growth and high street

Written By: Charlotte Williams Publication Date: Mon, 01/08/2011 - 08:59 Digital sales have helped to bolster profitability for Penguin in the first six months of 2011, with company chiefs looking for organic growth and a focus on the high street over the second half of the year. read more Continue reading at The Bookseller

[ The Bookseller | 2011-08-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #high street #organic growth


Pan Mac buys third book from Orion's Wright

Written By: Charlotte Williams Publication Date: Mon, 01/08/2011 - 14:32 Pan Macmillan has bought the third novel by Orion senior rights manager Pippa Wright, entitled The Foster Husband. Senior commissioning editor for fiction Jenny Geras acquired UK and Commonwealth rights from Andrew Kidd... Continue reading at The Bookseller

[ The Bookseller | 2011-08-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #andrew kidd


Rasmussen new Macmillan Children's Books m.d.

Written By: Charlotte Williams Publication Date: Mon, 01/08/2011 - 15:54 Macmillan Children's Books has appointed current Carlton Publishing m.d. Belinda Rasmussen to the role of publisher. She will report directly to Pan Macmillan m.d. Anthony Forbes Watson, and will join the Pan Macmillan... Continue reading at The Bookseller

[ The Bookseller | 2011-08-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook list #publishing programme #start date #pan macmillan #report directly #macmillan children


Book clubs in America: Why do we love them so much?

A casual observer of the book-club scene could be fooled into thinking that this summer was a hard one for the nation's leisure readers. Late in spring, Oprah's club shuttered, stranding publishers in what promises to be a long shoal of short print runs and offering the rest of us one literary... Continue reading at Slate

[ Slate | 2011-07-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #good chance #reading groups #buyout offer


Rupert Murdoch's Disaster Is Already an E-Book

Vanity Fair gets a compilation into the Kindle and Nook stores: Twenty previously published stories for $4, heavy on the Michael Wolff. Continue reading at AllThingsD

[ AllThingsD | 2011-07-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #michael wolff #nook stores #vanity fair #rupert murdoch


Living Oasis owner puts chain up for sale

Written By: Lisa Campbell Publication Date: Fri, 29/07/2011 - 09:19 The owner of Living Oasis is in talks with a “third party” to buy the chain after he closed two of his four remaining shops. Ray George, chairman of the Nationwide Christian Trust (NCT), which bought 19 former Wesley Owen... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #current climate #ray george #living oasis


Irish authorities clear Amazon Book Depository acquistion

Written By: Graeme Neill Publication Date: Wed, 27/07/2011 - 08:17 The Irish Competition Authority has cleared the acquisition of The Book Depository by Amazon after a three week investigation into the deal. In a short statement, the authority said: "[We have] formed the view that the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #published version #confidential information #relevant parties #25th september #substantial lessening #short statement #book depository


Irish authorities clear Amazon Book Depository acquisition

Written By: Graeme Neill Publication Date: Wed, 27/07/2011 - 07:40 The Irish Competition Authority has cleared the acquisition of The Book Depository by Amazon after a three-week investigation into the deal. In a short statement, the authority said: "[We have] formed the view that the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #published version #confidential information #relevant parties #25th september #substantial lessening #short statement #book depository


AOL Ad Sales Boss Jeff Levick Out

Looks like it's shake-up time again at AOL. In a memo to AOLers today, CEO Tim Armstrong announced a batch of management changes. The latest major casualty of AOL’s continuing comeback? Ad sales boss Jeff Levick, one of Armstrong’s earliest hires who joined the company from Google in 2009. “Jeff... Continue reading at AdWeek

[ AdWeek | 2011-07-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital content #ned brody #panel discussion #helped lead


Penguin Press signs Defence of Cats

Written By: Charlotte Williams Publication Date: Tue, 26/07/2011 - 12:00 Penguin Press has signed the second book by professor John Bradshaw, author of In Defence of Dogs, with felines the topic this time. Will Goodlad acquired UK and Commonwealth rights, excluding Canada, to the book,... Continue reading at The Bookseller

[ The Bookseller | 2011-07-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #conville walsh #patrick walsh


Digital makes 75% of Informa sales

Written By: Graeme Neill Publication Date: Tue, 26/07/2011 - 08:55 Digital is accounting for 75% of Taylor & Francis' parent company Informa's publishing sales, as it revealed half-year profits increased by 14.3% to £55.2m. For the first half of 2011, Informa's sales increased by 1.7% to... Continue reading at The Bookseller

[ The Bookseller | 2011-07-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sales increased #publishing sales #taylor francis


Telegraph ordered to pay damages over book review

Written By: Bookseller Staff Publication Date: Tue, 26/07/2011 - 17:11 Telegraph Media Group has been ordered to pay £65,000 in damages after losing a high court case for libel and malicious falsehood over a Lynn Barber book review published in the Telegraph. read more Continue reading at The Bookseller

[ The Bookseller | 2011-07-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book review #pay damages


Google Books Bows to New Apple App Store Rules

The Google Books iOS app is now in line with Apple's newly enforced rules that ban links bypassing Apple's own in-app purchase mechanism, which means Apple can retain its 30 percent cut. Continue reading at PC World

[ PC World | 2011-07-26 00:00:00 UTC ]
More news stories like this |


Foyles continues kids book giveaway

Written By: Charlotte Williams Publication Date: Mon, 25/07/2011 - 08:46 Foyles continues its free book giveaway today (25th July), offering five titles free to children and teen readers. The five Foyles London stores have been giving away the titles free over this weekend and today, the first... Continue reading at The Bookseller

[ The Bookseller | 2011-07-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #teen readers


A World Without Borders

It might seem only reasonable for independents to gloat, at least a little, now that one of their biggest competitors, Borders Book Group, which had 1,249 stores in 2003, has begun closing its remaining 399 stores. But the response from indies to Borders's demise has been muted by the potential... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-07-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bookselling business


Books-A-Million in last-minute Borders bid

Written By: Bookseller Staff Publication Date: Fri, 22/07/2011 - 09:32 Books-A-Million has bid for up to 35 US Borders stores in a last-minute offer to try and save part of the 40-year-old bookselling chain. The chain, which also runs stores under the names Books & Co., Bookland and Joe... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bloomberg reports #borders stores #bookselling chain


Three Golden Rules for book reviewing: What are they?

Possibly the most famous book review, ever, was written by the young Irish wit and polemicist John Wilson Croker. Croker is still remembered, though obscurely, as a founder of modern political conservatism. What's more, according to some sources, John Wilson Croker invented the very term... Continue reading at Slate

[ Slate | 2011-07-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book reviewing