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 ]
News tagged with: #earnings fell #sales declined #bertelsmann #penguin random house

Other Publishing stories related to: 'Earnings Fell in the First Half of 2022 at PRH'


PRH UK to be sole Faber distributor

Penguin Random House UK is to become the sole distributor for Faber & Faber, after signing a deal to provide distribution services for Faber Factory Plus. PRH UK’s Grantham Book Services (GBS) will serve all the publishers that are part of Faber Factory Plus, Faber & Faber’s sales... Continue reading at The Bookseller

[ The Bookseller | 2015-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh uk #faber faber #faber factory #pushkin press


Many authors’ earnings fall below $500pa, survey finds

Research shows median income for all authors is now below $5,000, though ‘hybrid’ authors who use both traditional and self-publishing are doing bestAlmost a third of published authors make less than $500 (£350) a year from their writing, according to a new survey, with around a half of writers... Continue reading at The Guardian

[ The Guardian | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #survey shows #earnings fall #traditionally published #financial rewards


New roles for PRH's Franklin and Cugnoni

Dan Franklin is to step away from his divisional responsibilities at Penguin Random House’s Vintage, but will remain publishing director at Jonathan Cape. Meanwhile Rachel Cugnoni, publishing director of the paperback imprint, has been promoted to a new cross-divisional role as publishing... Continue reading at The Bookseller

[ The Bookseller | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dan franklin #rachel cugnoni #jonathan cape #paperback imprint


PRH Expands Donation Campaign

Penguin Random House pledging to donate up to 10,000 more books for posts and tweets using the #GiveaBook hashtag through December 24. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-22 00:00:00 UTC ]
More news stories like this |


PRH: 'year of implementation' ahead

2015 will be a “year of implementation” for Penguin Random House, with the work ahead allowing PRH to “fully realise the potential of our new company”, c.e.o. Markus Dohle has told employees. In a letter to PRH staff worldwide, Dohle said that it was “incredible what our company has been able... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #markus dohle #told employees


PRH UK rethinks its sales teams

Penguin Random House UK has announced a series of appointments in a restructure across its sales teams, with new roles for Martin Higgins, Helen Randles and Sarah Roscoe among them. Also among the changes is a new sales director for Benelux, Germany, France and Austria, following the decision of... Continue reading at The Bookseller

[ The Bookseller | 2014-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales teams #martin higgins #sarah roscoe #sales director


PRH reveals new international sales structures

Penguin Random House in the UK and in the US are today (17th December) announcing new international sales-leadership structures for continental Europe. PRH US’s Cyrus Kheradi, s.v.p., director, international sales and marketing, has named Anke Reichelt as regional sales director for... Continue reading at The Bookseller

[ The Bookseller | 2014-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #continental europe #international sales


Wiley half-year revenue up 5%

John Wiley & Sons has reported a 6% rise year-on-year in second quarter revenue to $477m, due to growth in its Research and Education divisions, up 5% and 3% respectively, as well as to contributions from its recent acquisitions CrossKnowledge and Profiles International. Continue reading at The Bookseller

[ The Bookseller | 2014-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter revenue


Major lay-offs at PRH US's Kirkwood warehouse

Two-hundred and eighty-six workers are to go from Penguin Random House US' Kirkwood warehouse and distribution facility, starting at the end of January. The publisher has confirmed filing a notice with the New York Department of Labor to this effect. The reason for the closure given in the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #distribution facility


PRH Firms Up Publishing Operations Team

Penguin Random House announced the senior management appointments of its now-unified publishing operations group, which will be headed by Sue Malone-Barber as senior v-p, director, publishing operations, PRH. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing operations


Half of C&R staff have now left Little, Brown

More than half of staff at Constable & Robinson have left the publisher since Little, Brown Book Group bought the company, it has emerged. The formerly independent publisher was purchased by the Hachette division in February, with the Constable & Robinson team moving into Little,... Continue reading at The Bookseller

[ The Bookseller | 2014-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent publisher #constable robinson


Remote e-lending pilot project reveals half-year trends

Remote ebook lending in libraries leads to a "significant" increase in borrowing, but not to an increase in book buying, according to interim trends noted at the six-month stage of a year-long pilot project. Continue reading at The Bookseller

[ The Bookseller | 2014-11-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book buying


FastPencil Hurts Courier's Earnings in Fiscal 2014

Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #courier corp #5% increase


September Bookstore Sales Fell 6.4%

Bookstore sales fell 6.4% in September compared to September 2013, according to figures released Friday by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #september compared #census bureau


Nosy Crow, Profile and PRH among FutureBook's innovation winners

Nosy Crow m.d. Kate Wilson has been named most inspiring digital publishing person at the FutureBook Innovation Awards. Wilson was named as the winner at a ceremony held at the FutureBook Conference in central London this afternoon (14th November), beating a shortlist that also included Unbound... Continue reading at The Bookseller

[ The Bookseller | 2014-11-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kate wilson #futurebook conference #nosy crow #ceremony held #central london #michael pietsch


HBG Sales Fell 18% in Third Quarter

Third quarter sales at Hachette Book Group USA fell 18.5% in the period ended September 30, 2014 compared to the third quarter of 2013, parent company Lagardere reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


Blackman unveils teenage fan fiction project backed by PRH

Children’s laureate Malorie Blackman has launched a fan fiction-inspired project to find the best teen writers and creatives.   Continue reading at The Bookseller

[ The Bookseller | 2014-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #teen writers


Staff Restructuring at PRH Canada

Yesterday, the publisher announced that Lynn Henry, who has been with Doubleday Canada since 2010, will take on the newly created role of publishing director of Knopf Canada, now reporting to PRH Canada publisher Anne Collins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh canada #publisher announced #doubleday canada #knopf canada


Quarterly Earnings Flat at S&S, Sales Dropped 11%

Faced with a difficult comparison to last year's third quarter, sales at Simon & Schuster fell 11% in the third period ended September 30, 2014, compared to the same period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult comparison


Sales Up, Earnings Down at HMH Trade

Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hmh trade #adjusted ebitda