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 and Sainsbury's launch bookclub site

Written By: Charlotte Williams Publication Date: Tue, 05/07/2011 - 09:44 Penguin and Sainsbury's are to jointly launch a new website to support the Sainsbury's Book Club, launching on 21st July. The Book Club will run from 7th July 2011 to July 2012. As reported in January, the book club this... Continue reading at The Bookseller

[ The Bookseller | 2011-07-05 00:00:00 UTC ]
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OFT set to probe Book Depository deal

Written By: Lisa Campbell Publication Date: Tue, 05/07/2011 - 11:26 The Office of Fair Trading (OFT) has announced it is to investigate Amazon’s acquisition of The Book Depository. The official body has issued an “invitation to comment” notice asking for written representations about “any... Continue reading at The Bookseller

[ The Bookseller | 2011-07-05 00:00:00 UTC ]
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ABA to ask for investigation into Pearson REDgroup acquisition

Written By: Bookseller Staff Publication Date: Tue, 05/07/2011 - 09:35 The Australian Booksellers Association (ABA) is to ask the Australian Competition and Consumer Commission (ACCC) to investigate after Pearson reached a deal to acquire the REDgroup online businesses. Pearson said yesterday... Continue reading at The Bookseller

[ The Bookseller | 2011-07-05 00:00:00 UTC ]
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Book Depository to "operate independently" of Amazon

Written By: Lisa Campbell Publication Date: Mon, 04/07/2011 - 16:00 The Book Depository has said it will continue to operate independently of Amazon, as the Office of Fair Trading (OFT) said it was "too early" to say if today's takeover of the online bookseller would trigger an investigation.... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Amazon to acquire The Book Depository

Written By: Bookseller Staff Publication Date: Mon, 04/07/2011 - 12:29 Amazon.com has reached an agreement to acquire The Book Depository, the fast-growing online retailer founded by Andrew Crawford in 2004. Greg Greeley, Amazon's vice president of European Retail, said: "Customers in more... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Pearson buys REDgroup online businesses

Written By: Graeme Neill Publication Date: Mon, 04/07/2011 - 08:33 Pearson Australia is taking over the online business of collapsed Australian bookseller REDgroup, which includes the Borders and Angus & Robertson sites. The publisher said it wanted to maintain "continuity for the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Borders US agrees sale to Najafi

Written By: Bookseller Staff Publication Date: Fri, 01/07/2011 - 09:13 Borders in the US has agreed to sell to private investment firm Najafi for $215m (£135m), it has been announced today. The Borders Group bookselling chain is now seeking bankruptcy court approval for the agreement, which if... Continue reading at The Bookseller

[ The Bookseller | 2011-07-01 00:00:00 UTC ]
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Walker Books launches prize in tribute to late founder

Written By: Caroline Horn Publication Date: Fri, 01/07/2011 - 09:00 Walker Books has launched an award for new illustration to help mark the 20th anniversary of the death of the company's founder, Sebastian Walker. The Sebastian Walker Award will be run in collaboration with the MA course in... Continue reading at The Bookseller

[ The Bookseller | 2011-07-01 00:00:00 UTC ]
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"Spotify for books" service launches

Written By: Lisa Campbell Publication Date: Thu, 30/06/2011 - 15:58 An online view-on-demand books service dubbed “the Spotify of books” has launched today. 24symbols, created by a Spanish team co-founded by Justo Hidalgo, is offering access to 1,000 book titles for a subscription fee. The... Continue reading at The Bookseller

[ The Bookseller | 2011-06-30 00:00:00 UTC ]
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Profit up at Waterstone's despite sales dip

Written By: Lisa Campbell Publication Date: Thu, 30/06/2011 - 09:41 Waterstone’s increased profit by £6.7m last year as like-for-like sales fell by 3.8%, according to financial results released today. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-30 00:00:00 UTC ]
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Judging E-Readers by Their Book Readability

If you're heading to the beach this summer and you plan to read an ebook, you won't want to take your iPad. Luckily, the latest versions of the Nook and the Kindle offer glare-free screens and other reader-friendly functions. Continue reading at AllThingsD

[ AllThingsD | 2011-06-29 00:00:00 UTC ]
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AUDIO: The 'worrying' battle for books

Arts editor Will Gompertz's second report into the impact of technology on the publishing industry Continue reading at BBC News

[ BBC News | 2011-06-29 00:00:00 UTC ]
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E-books will "blow apart" cover design

Written By: Benedicte Page Publication Date: Thu, 30/06/2011 - 09:28 E-books are set to "blow apart" cover design, with designers looking to create "identity packages" that can work for both print and digital editions, The Bookseller Cover Design Conference 2011 was told. Marketing strategist... Continue reading at The Bookseller

[ The Bookseller | 2011-06-29 00:00:00 UTC ]
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Media Decoder: The Question 'Who Is Herman Cain?' Soon To Be A Book

The Republican candidate has sold his memoir to the conservative imprint of Simon @ Schuster. Continue reading at The New York Times

[ The New York Times | 2011-06-29 00:00:00 UTC ]
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AUDIO: Are traditional books doomed?

Sara Lloyd, Pan Macmillan: "The basic process of writing will stay quite stable, but the authors who will do particularly well are ones who think about how to build a digital audience." Continue reading at BBC News

[ BBC News | 2011-06-28 00:00:00 UTC ]
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Media Decoder: Using E-Books to Sell More Print Versions

The publisher Algonquin is offering digital books at a discount or free to customers who buy certain trade paperback or hardback books. Continue reading at The New York Times

[ The New York Times | 2011-06-27 00:00:00 UTC ]
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Beyond 'Event' Book Marketing

How do you promote a book effectively at a time when ebooks may stay in print indefinitely, but not have a physical presence in a store? Internet book marketer FSB Associates has just launched Amplify, a marketing strategy that brings together a list of related titles and creates a Web community... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-06-27 00:00:00 UTC ]
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Healthy Planet opens Books For Free shops

Written By: Lisa Campbell Publication Date: Mon, 27/06/2011 - 08:34 A green charity offering books for free aims to open an outlet in every town in the UK, and has called on publishers to donate titles. The Booksellers Association has come out in support of the programme run by Healthy Planet,... Continue reading at The Bookseller

[ The Bookseller | 2011-06-27 00:00:00 UTC ]
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Booktrust partners with Pearson

Written By: Charlotte Williams Publication Date: Fri, 24/06/2011 - 13:29 Booktrust and Pearson will be giving two free books to every child starting school in England this autumn, as part of 2011's Booktime scheme. Puffin title Tinga Tinga Tales-Why Elephant has a Trunk and Face Painting, from... Continue reading at The Bookseller

[ The Bookseller | 2011-06-24 00:00:00 UTC ]
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Zinio Partners with Recorded Books for Digital Mags in Libraries

Zinio announced today its partnership with Recorded Books, making thousands of digital magazines accessible in public libraries throughout the US, Canada, Australia and UK. Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-23 00:00:00 UTC ]
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