High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable impact of currency exchange, sales declined from 2021. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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Driven by a number of acquisitions and hundreds of bestselling books, profits at Penguin Random House jumped 33.0% in the first half of 2019 over the comparable period in 2018 and revenue rose 11.3%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-29 04:00:00 UTC ]
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As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
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Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
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A decline in ebook sales plus the lack of a mega-bestseller led to sales and earnings both falling by just over 10% at Penguin Random House in the first six months of 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-31 00:00:00 UTC ]
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Final industry estimates from the AAP show that sales of religious books fell 6% in 2022 from 2021, dropping to $1.27 billion last year from $1.35 billion in 2021. Digital audiobooks and hardcover sales fell 42% and 9.5%, respectively. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-27 04:00:00 UTC ]
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Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-30 04:00:00 UTC ]
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After two years of surprisingly strong sales during the pandemic, unit sales of print books fell 6.5% in 2022 compared to 2021 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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Penguin Random House CEO Markus Dohle took the stage on Tuesday morning at the Sharjah International Book Fair and said he is "super disappointed" with the court ruling blocking PRH's proposed acquisition of S&S, calling the decision "utterly wrong." Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-01 04:00:00 UTC ]
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Comics Plus readers drove nearly half a million checkouts of digital comics, graphic novels, and manga through more than 2,000 schools and libraries through the first half of 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
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In what has proved to be an endlessly trying year, we hope this list—which contains more than 175 books—will provide opportunities for you to be delighted, excited, and surprised. The post Most Anticipated: The Great Second-Half 2022 Book Preview appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2022-07-14 10:00:53 UTC ]
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These new historical fiction reads promise lessons, romance, drama, and intriguing settings ranging from the 1700s to the 1970s! Continue reading at Book Riot
[ Book Riot | 2022-02-03 11:36:00 UTC ]
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If you’re looking for a great LGBTQIA+ audiobook to listen to in the first half of 2022, here are 12 recommendations. Continue reading at Book Riot
[ Book Riot | 2022-01-13 11:38:00 UTC ]
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In this, our first preview for Pandemic Year Three, we offer up nearly 200 books, with the hope that they can, in some small measure, act as a balm, an escape, a distraction, a source of pleasure, a reason for hope, a source of light in the darkness. The post Most Anticipated: The Great First... Continue reading at The Millions
[ The Millions | 2022-01-13 11:00:37 UTC ]
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The Department of Justice is aiming to begin court proceedings against Penguin Random House owner Bertelsmann on 1st August 2022, in a bid to block the publisher from acquiring Simon & Schuster in a $2.2bn deal. Continue reading at The Bookseller
[ The Bookseller | 2021-12-12 18:18:18 UTC ]
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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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A good performance in the U.S. plus higher digital and online sales helped to soften the blow of the Covid-19 pandemic across Penguin Random House's global operations in the first half of 2020, parent company Bertelsmann said. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-01 04:00:00 UTC ]
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Revenue in the publisher's U.S. group fell 21.8% in the first half of 2020 from the comparable period in 2019, and the U.K.-based Quarto said it expects that the global pandemic will impact its results in the second half of this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-30 04:00:00 UTC ]
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A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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