Earnings Fell in the First Half of 2022 at PRH

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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Publishers are not obliged to give bigots like Jordan Peterson a platform | Nathan Robinson

Nobody has a human right to a lucrative book contract without regard for whether their opinions are sound or valuableJordan Peterson, the Canadian psychology professor and lobster-loving life coach who came to public attention after refusing to use the preferred pronouns of transgender people,... Continue reading at The Guardian

[ The Guardian | 2020-12-02 13:56:38 UTC ]
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First PRH ethnicity pay report shows gap of 16% for BAME employees

Penguin Random House has published its first ever ethnicity pay report, which found that BAME staff are paid 16% less than their white colleagues, on average. Continue reading at The Bookseller

[ The Bookseller | 2020-11-29 12:21:20 UTC ]
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PRH and HC win at Audio Production Awards

Penguin Random House and HarperCollins have both scooped prizes at this year's Audio Production Awards. Continue reading at The Bookseller

[ The Bookseller | 2020-11-27 08:52:59 UTC ]
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Penguin Random House Schuster: a new promised land

Can Penguin Random House swallow Simon & Schuster while remaining good citizens? Continue reading at The Bookseller

[ The Bookseller | 2020-11-27 00:32:40 UTC ]
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Penguin to buy Simon & Schuster, create publishing giant

German media giant Bertelsmann says that its Penguin Random House division is buying rival Simon & Schuster Continue reading at ABC News

[ ABC News | 2020-11-25 20:24:15 UTC ]
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PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

German media firm, already owner of the giant Penguin Random House, says acquisition of another major publisher is ‘approvable’ within monopoly rulesGerman media group Bertelsmann is set to acquire publisher Simon & Schuster for $2.17bn, less than a year after it took control of Penguin... Continue reading at The Guardian

[ The Guardian | 2020-11-25 16:55:32 UTC ]
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Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion

Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four. The post Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-25 15:02:49 UTC ]
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Penguin Random House To Buy Simon & Schuster

Penguin Random House acquires Simon and Schuster, creating the largest megapublisher in the United States. Continue reading at Book Riot

[ Book Riot | 2020-11-25 15:00:18 UTC ]
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Staff at Jordan Peterson's publisher protest new book plans

Penguin Random House Canada’s plans to publish a new work by the ‘professor against political correctness’ has reportedly prompted numerous complaintsThe announcement of a new book from Canadian psychologist Jordan Peterson, the self-styled “professor against political correctness”, has prompted... Continue reading at The Guardian

[ The Guardian | 2020-11-25 14:35:10 UTC ]
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Emmanuel Macron’s press-freedom hypocrisy 

Ten days ago, with the coronavirus and the election continuing to dominate the media-industry conversation in the US, Ben Smith, media columnist at the New York Times, briefly steered attention overseas, publishing an interview with the French leader Emmanuel Macron under the bait-and-switch... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-25 13:32:28 UTC ]
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PRH owner Bertelsmann to buy Simon & Schuster in $2.2bn deal

PRH owner Bertelsmann is to buy Simon & Schuster from ViacomCBS for $2.2bn, it has been announced. Continue reading at The Bookseller

[ The Bookseller | 2020-11-25 12:40:42 UTC ]
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Weldon 'optimistic' amid pandemic as consumer demand soars

Penguin Random House UK c.e.o. Tom Weldon has praised the resilience of the book trade in an interview at FutureBook 2020. Continue reading at The Bookseller

[ The Bookseller | 2020-11-19 21:20:38 UTC ]
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Industry Notes: Tom Weldon at FutureBook; Penguin Random House UK and India

Musing on books' resilience in the pandemic, Tom Weldon talks with Philip Jones; and Penguin Random House India partners with Pippa Rann. The post Industry Notes: Tom Weldon at FutureBook; Penguin Random House UK and India appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-19 18:15:54 UTC ]
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News Corp CEO Sees Antitrust Concerns in PRH Buy of S&S

Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]
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Barack Obama’s complicated media-criticism tour

As you may have noticed, Barack Obama has a book out today. It’s a memoir, titled A Promised Land, that runs to more than seven-hundred pages and is still only a first volume—covering the period from Obama’s childhood to the raid, in 2011, that killed Osama bin Laden. Originally, Obama planned... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-17 13:29:32 UTC ]
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PA's week-long #WorkInPublishing campaign launches for 2020

The Publishers Association’s Work in Publishing campaign, aimed at encouraging young people between the ages of 14 and 24 to pursue a career in publishing, takes place this week (16th–20th November), involving publishers including HarperCollins, Penguin Random House and Hachette UK. Continue reading at The Bookseller

[ The Bookseller | 2020-11-15 21:16:00 UTC ]
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Has Donald Trump already landed a $100m book and TV deal?

While books about the outgoing US president have been bestsellers for the last four years, Trump might be a step too far for some publishersFact-checkers are quaking in their boots amid reports that Donald Trump could be being “courted for a new tome on his time in the White House”. The... Continue reading at The Guardian

[ The Guardian | 2020-11-11 14:24:45 UTC ]
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Vintage Español Joins PRH Grupo Editorial USA To Create PRH Español

Headquartered in Miami, Penguin Random House Español dedicates more than 20 employees to PRH's Spanish-language content. The post Vintage Español Joins PRH Grupo Editorial USA To Create PRH Español appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-09 16:41:37 UTC ]
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PRH Creates New U.S. Spanish-language Division

Penguin Random House has formed Penguin Random House Español, a new Spanish-language publishing division, consolidating the resources of Vintage Español and Penguin Random House Grupo Editorial USA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-09 05:00:00 UTC ]
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The Great Courses’ Great 30th Year

As it enters its fourth decade, the Great Courses, the Teaching Company’s educational audio and video publisher, has increased its focus on digital video content and distribution—all while inking new deals with such partners as Penguin Random House and Scientific American. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
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