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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PRH 'disappointed' as gender pay gap widens

Penguin Random House has said it is “disappointed” after the company's gender pay gap widened by 2.1% over the past year, but insists new initiatives mean it is making long-term progress. Continue reading at The Bookseller

[ The Bookseller | 2020-11-05 11:01:34 UTC ]
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As Covid-19 Cases Surge, PRH Again Extends Temporary E-book, Digital Audio Terms for Libraries, Schools

Penguin Random House executives this week confirmed that the publisher is extending its "temporary" digital license terms for e-books and digital audio in libraries and schools through March 31, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-05 05:00:00 UTC ]
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PRH announces WriteNow cohort of unpublished authors

Penguin Random House UK has revealed the 14 unpublished and underrepresented writers invited to join this year’s WriteNow editorial programme. Continue reading at The Bookseller

[ The Bookseller | 2020-11-04 23:15:02 UTC ]
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Bertelsmann Buys Quad's Book Printing Plants

In a deal that closed on October 31, Bertelsmann Printing Group USA’s Berryville Graphics division acquired Quad’s book printing plants in Fairfield, Pa., and Martinsburg, W.Va. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-03 05:00:00 UTC ]
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With Virus Resurgent, PRH Extends Open License for Online Readings Through March, 2021

With the Covid-19 pandemic resurgent around the globe, Penguin Random House this week announced that it is extending its Open License for online story time and read-aloud videos through March 31, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-29 04:00:00 UTC ]
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Spare 'Zoom' Project calls on professionals to meet publishing hopefuls virtually

The Spare Room Project is collaborating with Penguin Random House to temporarily transform into "The Space Zoom Project" – an adaptation of the scheme in light of continued home-working across the industry. Continue reading at The Bookseller

[ The Bookseller | 2020-10-27 21:12:52 UTC ]
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Penguin Random House Canada: Adrienne Tang to Build In-House Rights Business

Adrienne Tang, longtime rights director with Kids Can Press, moves to Penguin Random House Canada to create 'an entirely new in-house rights operation,' says CEO Kristen Cochrane. The post Penguin Random House Canada: Adrienne Tang to Build In-House Rights Business appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-23 16:11:39 UTC ]
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Harington, Lumley and Walliams join Peter Pan audio cast

Kit Harington, Joanna Lumley and David Walliams are among the all-star cast for a new Penguin Random House audio edition of J M Barrie's classic Peter Pan. Continue reading at The Bookseller

[ The Bookseller | 2020-10-23 01:15:27 UTC ]
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Sandycove's Deevy goes full Boyle for new collection

The Penguin Random House Ireland imprint buys medievalist Elizabeth Boyle's memoir hybrid.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-15 13:39:11 UTC ]
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Penguin Random House’s Global Social Impact: Claire von Schilling

Vowing to address its own workforce demographics, Penguin Random House releases a Global Social Impact site on corporate responsibility. The post Penguin Random House’s Global Social Impact: Claire von Schilling appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-14 20:00:57 UTC ]
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PRH Partners with Black Women’s Health Imperative on New Edition of 'The Cancer Journals'

To highlight the publication of the new edition of 'The Cancer Journals' by Penguin Classics, Penguin Random House is partnering with the Black Women’s Health Imperative to connect the real-world impact of Audre Lorde’s work with the community that influenced it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-14 04:00:00 UTC ]
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PRH Launches Book the Vote Initiative

Penguin Random House has partnered up with PEN America, Out of Print, and When We All Vote to launch Book the Vote, which the publisher describes as a "nonpartisan initiative to protect free speech and ensure every voter’s right to participate in elections." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-13 04:00:00 UTC ]
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PEN America, Penguin Random House Partner on ‘Book the Vote’

First rolled out during the 2018 US midterm elections, the 'Book the Vote' program offers voter information and political literature. The post PEN America, Penguin Random House Partner on ‘Book the Vote’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-12 23:41:35 UTC ]
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PRH UK sends staff home as government gives new Covid guidance on the workplace

UK staffers at Penguin Random House have already been told they should again work from home if they can, following the step-change in government guidance as coronavirus infection rates rise. Continue reading at The Bookseller

[ The Bookseller | 2020-09-23 00:00:21 UTC ]
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PRH Opens ‘The Conversation’ To ‘Sustain Antiracist Engagement’

Penguin Random House launches The Conversation, a hub of content collections 'to combat racism and end racial inequities'—meant for families, educators, and businesses. The post PRH Opens ‘The Conversation’ To ‘Sustain Antiracist Engagement’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-22 19:17:06 UTC ]
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PRH Releases Workforce Report on Diversity

An internal report on workforce demographics at Penguin Random House shows that 78% of PRH non-warehouse employees are white. In addressing the report, PRH U.S. CEO Madeline McIntosh said the company is determined to make its workforce "reflect the demographics of American society.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-09 04:00:00 UTC ]
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Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster

ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann's chief says he's interested. The post Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-02 18:34:05 UTC ]
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PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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First Half Sales Slipped 1.4% at PRH

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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Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal

PRH Grupo Editorial gets translation rights to English-language titles from Wattpad Book, a world Spanish exclusive. The post Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-28 01:10:03 UTC ]
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