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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Two corporate leaders in international publishing, Penguin Random House and Ingram, are kicking off the 'season of giving' with support for book related charities. The post ‘Giving Tuesday’: Penguin Random House Supports Worldreader, Ingram Supports Binc appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-27 00:00:00 UTC ]
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Praising Frank Sambeth for 'his expertise in digital topics in particular,' Penguin Random House CEO Markus Dohel names Thomas Rathnow as Verlagsgruppe Random House's new chief. The post Industry Notes: Frank Sambeth Out at Verlagsgruppe Random House, Thomas Rathnow In appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-11 00:00:00 UTC ]
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Inception's Bookful app has the advantage of the beloved Beatrix Potter content and other Penguin Random House brands on which to base its first six digital books. The post Inception Announces Bookful, an AR Platform Licensing Penguin Random House Brands appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-07 00:00:00 UTC ]
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Indie Penned in the Margins has acquired what it is calling the "breakthrough" collection from Hackney-based poet Anthony Anaxagorou, After the Formalities. Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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Anthony Bourdain’s Kitchen Confidential also helps boost publisher’s profits by 13% A surge in sales of Anthony Bourdain’s Kitchen Confidential and growing demand for the perennial favourite Harry Potter has helped to fuel a rise in first-half profits and revenue for the book publisher... Continue reading at The Guardian
[ The Guardian | 2018-10-23 00:00:00 UTC ]
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In a letter to our editor, Robert Sindelar, the president of the American Booksellers Association, acknowledges that bookseller Jonathan Platt has a valid point that store margins could be better, but argues that improvements are being made. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-19 00:00:00 UTC ]
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Recent growth in sales of children’s books has encouraged some publishers of religion and spirituality books to ramp up—or to create—children’s publishing programs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-19 00:00:00 UTC ]
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Gina Centrello, president and publisher of Random House, will oversee the merged publishing lines of Random House and the Crown Publishing Group. Continue reading at The New York Times
[ The New York Times | 2018-10-19 00:00:00 UTC ]
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PRH US has combined two of its adult publishing divisions, Random House and Crown, under the leadership of Gina Centrello, president and publisher of Random House (pictured). Crown president and publisher Maya Mavjee will leave the company at the end of the year. David Drake, executive vice... Continue reading at The Bookseller
[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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In organizational and corporate changes this month, the International Publishers Association's elections refresh committees while Penguin Random House US repositions Crown Publishing. The post Industry Notes: IPA Election Results; McIntosh Combines Crown and Random House appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-19 00:00:00 UTC ]
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The Crown Publishing Group has joined the Random House Publishing Group in a newly-combined super group reporting to Gina Centrello, who has been named president and publisher. The imprints will retain their distinct editorial identities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-18 00:00:00 UTC ]
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Author Jack Wertheimer examined how American Jews practice their religion and is heartened by how quickly mainstream congregations are adapting to new ways of worship. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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NEW YORK — Over 40 up-and-coming publishing professionals were honored at Folio:’s Rising Stars Awards Luncheon at the New York Hilton Midtown on Tuesday. The Rising Star Honorees are individuals who are making their mark and disrupting the status quo of magazine media, even in the early stages... Continue reading at Folio Magazine
[ Folio Magazine | 2018-10-10 00:00:00 UTC ]
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What CEO Markus Dohle calls 'a natural extension and complement' to PRH's work in Southeast Asia, the new company will have a 50-title output at the start. The post Penguin Random House Opening Southeast Asian Operation Based in Singapore appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-08 00:00:00 UTC ]
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Penguin Random House (PRH) has four books on the longlist for this year’s William Hill Sports Book of the Year, which celebrates excellence in sports writing. Continue reading at The Bookseller
[ The Bookseller | 2018-09-20 00:00:00 UTC ]
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Edinburgh University Press saw a further year of rising sales for the 12 months to end July 2018, with total revenues of £3.43m, 6% up on the previous year. Continue reading at The Bookseller
[ The Bookseller | 2018-09-12 00:00:00 UTC ]
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While audiobook sales grow, the AAP's new report show children's book sales struggling and declines in education and scholarly revenues. The post American Publishers Cite 3.6-Percent Rise in Trade Revenue, First Half of 2018 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-07 00:00:00 UTC ]
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Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Beginning October 1, 2018, PRH is moving from a perpetual access model (where libraries pay a higher price but retain access to the ebook forever) to a metered model (with lower prices on ebooks that expire after two years). Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-04 00:00:00 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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