Although worldwide sales at Random House fell 4.3% in 2011, the company posted its highest earnings and operating margins in at least five years. EBIT (earnings before interest and taxes) rose 6.9%, to 185 million euros, with an operating margin of 10.6%, a full percentage point higher than 2010. Between 2007 and 2011, sales on a reported basis fell 4.8%, while operating EBIT jumped 35.0%. Cost cutting, including consolidating office space in Random’s New York headquarters, and lower returns due to higher ebook sales contributed to the higher profits in 2011. The sales decline was due to a combination of the negative impact of foreign exchange and a decline in print sales. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
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President-elect Donald J. Trump is threatening to sue Penguin Random House and the ‘New York Times’ for $10 billion over allegedly “false and defamatory statements,” according to a letter reviewed by the ‘Columbia Journalism Review.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
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According to the publisher’s fifth annual demographics report, 68.9% of the company’s entire workforce was white in 2024, down from 70.1% in 2023. The percentage of new hires of BIPOC workers fell slightly in the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-31 00:00:00 UTC ]
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The Penguin Random House Christian Publishing Group, a new standalone entity, will expand and build upon on the publisher’s existing evangelical Christian publishing programs under the leadership of Campbell Wharton. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-31 00:00:00 UTC ]
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PRH will add language to its copyright pages prohibiting AI companies from data mining, John Grisham accuse of poaching material, and more. Continue reading at Book Riot
[ Book Riot | 2024-10-21 15:00:00 UTC ]
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Keira Knightley is latest star to publish a children’s book, but some say trend pushes aside genuine writers and makes it harder to find great children’s fiction“A modern classic by Keira Knightley” reads the provisional cover of the actor’s debut children’s book, I Love You Just the Same. Set... Continue reading at The Guardian
[ The Guardian | 2024-10-20 13:00:48 UTC ]
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Artificial intelligence makers have faced a mountain of criticism for borrowing from the work of others to train its models. Now the world’s largest publishing house is taking steps to ensure its authors don’t have their work plagiarized in the name of progress. The Bookseller reports that... Continue reading at Engadget
[ Engadget | 2024-10-18 21:04:36 UTC ]
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'I, Medusa,' a Black feminist retelling of Greek myth from the author of the YA trilogy Beasts of Prey, is slated for fall 2025. Random House editorial director for fiction Caitlin McKenna acquired North American rights in what she called a "heated" auction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-17 04:00:00 UTC ]
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'Hope' will be published by Random House in the U.S., and simultaneously in more than 80 countries, on January 14, with Italian publisher Mondadori managing world rights. Random House is touting the book as "the first memoir written by a sitting pontiff." Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-16 04:00:00 UTC ]
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Rosalie (Rosie) Stewart, most recently manager of grassroots communications for the ALA's Public Policy and Advocacy Office, will join the publisher as senior manager for public policy, reporting directly to PRH VP Skip Dye, a key move that signals the publisher's intent to expand its battle... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-20 04:00:00 UTC ]
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An international writing organisation appeared to greenlight the use of AI, prompting anger, the resignation of four board members and an entire creative community to ask: ‘What?!’Please spare a thought for artificial intelligence (AI). It may not have feelings yet but, if it did, it would feel... Continue reading at The Guardian
[ The Guardian | 2024-09-11 10:00:07 UTC ]
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In his 52-year career, Applebaum has served as publicity assistant, book publicist, Bantam publicity and public relations director, company spokesperson, chief communications officer, VP, SVP, and EVP. He will retire at the end of September. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-10 04:00:00 UTC ]
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Uncertain times and a challenging business climate bring out the best in Hong Kong and China print suppliers. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Cost cuts and higher sales led to rises in profits at HarperCollins, Lagardère Publishing, and Penguin Random House in the first half of this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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The Penguin Random House Audio Narrator mentorship is a six-month program, opening its fifth session in January. The post Penguin Random House Opens Its Audio Narrator Mentorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-08-13 21:21:54 UTC ]
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Stocks that traded heavily or had substantial price changes on Friday: CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise Continue reading at ABC News
[ ABC News | 2024-07-19 20:21:50 UTC ]
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Amazon Prime Day 2024 sales have hit their final stretch—so if you’ve been holding off on shopping for a new drive, now’s the time to act. Many SSDs, HDDs, and external storage from popular manufacturers are still at low or all-time low prices, with capacities ranging from 512GB all the... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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“This award not only symbolizes the milestone of half a million books sold, but also the fact that this book connects millions of readers to the person of Jesus Christ so brilliantly,” said Chadd Miller, divisional president of David C Cook’s publishing arm, in a statement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-17 04:00:00 UTC ]
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At the heart of JD Vance’s journey from venture capitalist to vice presidential candidate is a memoir he first thought of in law school, “Hillbilly Elegy.” Continue reading at ABC News
[ ABC News | 2024-07-16 01:50:32 UTC ]
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The Random House Publishing Group has signed an agreement, expected to close later this summer, to acquire comic book and graphic novel publisher Boom! Studios. Boom! will become part of Random House Worlds. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-10 04:00:00 UTC ]
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A new report shows significant increases in Barnes & Noble foot traffic, Amazon may be planning to open department stores, and more. Continue reading at Book Riot
[ Book Riot | 2024-07-02 15:00:00 UTC ]
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