Earnings, Margins Rise at Random

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 ]
News tagged with: #print sales #operating margins #cost cutting #negative impact #foreign exchange

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Amazon and Penguin Random House said to be in dispute

Industry sources say Penguin may block sales of its books on Amazon because of a contract dispute, but both sides are playing down the rowThe world’s biggest publisher, Penguin Random House, could block sales of its books on Amazon if it fails to resolve a contract dispute with the online... Continue reading at The Guardian

[ The Guardian | 2015-05-25 00:00:00 UTC ]
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New Harry Potter illustrated editions spell rising sales for Bloomsbury

Publisher also has high hopes for its 2015 fiction list, which includes new novels from William Boyd and Margaret AtwoodHarry Potter has conjured up another year of wizard sales for Bloomsbury, helping the publisher to ride out a decline in income from adult fiction.Sales of the boy wizard’s... Continue reading at The Guardian

[ The Guardian | 2015-05-19 00:00:00 UTC ]
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PRH helps Bertelsmann first quarter rise

Bertelsmann increased its revenue and operating EBITDA in the first quarter of 2015, compared to the year before, chiefly due to its book publishing business and its German-language TV business. The media, services and education company, which owns 53% of Penguin Random House, has released its... Continue reading at The Bookseller

[ The Bookseller | 2015-05-08 00:00:00 UTC ]
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HC posts 14% quarterly revenue rise

The inclusion of Harlequin and strong sales of Chris Kyle’s memoir American Sniper (William Morrow) helped HarperCollins to a 14% increase in revenues in the three months to 31st March, compared to the year before. But ebook revenues declined 3% year-on-year, HarperCollins’ parent company News... Continue reading at The Bookseller

[ The Bookseller | 2015-05-07 00:00:00 UTC ]
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Romania’s Online, English Book Sales on the Rise

In Romania, online sales now account for 20% of the $110 million book market, with interest in ebooks and English-language titles also on the rise. The post Romania’s Online, English Book Sales on the Rise appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-05-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #english-language titles #rise appeared #post romania #online sales


Latin American Digital Markets to Rise 10-15% by 2020

A new report from German ebook distribution platform quantifies the anticipated growth of digital publishing across Latin America. The post Latin American Digital Markets to Rise 10-15% by 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-23 00:00:00 UTC ]
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Penguin Random House launches new US site

Penguin Random House in the US has launched a new consumer-facing website under a unified branding. Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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Penguin Random House Debuts New Unified Website

The publisher's newly designed website, which brings Random House and Penguin together online, is optimized for mobile devices and, according to PRH CEO Marcus Dohle is “consumer-focused.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-22 00:00:00 UTC ]
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'Huge inequality' in writer earnings

There is a “huge inequality” in earnings between writers, with a small number – 10% - earning most of the money made by professional authors, research released today (20th April) has found. The Business of Being an Author: A Survey of Authors Earnings and Contracts was commissioned by the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-21 00:00:00 UTC ]
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Random House Raises First Printing of New Dr. Seuss to 1 Million

Random House Children’s Books will increase the first printing for previously undiscovered Dr. Seuss title 'What Pet Should I Get?' to 1 million copies. The post Random House Raises First Printing of New Dr. Seuss to 1 Million appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-21 00:00:00 UTC ]
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Goebbels estate sues Random House Germany

The estate of Joseph Goebbels, Adolf Hitler’s minister for propaganda during the Second World War, is suing publisher Random House Germany for using an extract from his diaries. The biography Goebbels, published in Germany in 2010 under the Siedler imprint, is by Peter Longerich, professor of... Continue reading at The Bookseller

[ The Bookseller | 2015-04-21 00:00:00 UTC ]
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In Norway, YA Publishing Is On the Rise and 'Changing Fast'

With the young adult boom in full swing, Norwegian publisher and authors look to expand into the lucrative market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #lucrative market #norwegian publisher #full swing #changing fast #ya publishing


Scribd Subscription Adds Penguin Random Audiobooks

Penguin Random House will offer its audiobooks, though not its ebook titles, via the Scribd subscription service. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-16 00:00:00 UTC ]
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Solitude for Random House Books

Random House Books has bought a book about the importance of spending time alone. Senior editor Harry Scoble bought UK and Commonwealth rights to Solitude by Michael Harris from Anne McDermid at Anne McDermid and Associates. Harris’ début, The End of Absence (Portfolio Penguin), explored the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-11 00:00:00 UTC ]
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Hachette, Penguin Random House Back Revision to Indiana Religious Freedom Law

The Hachette Book Group and Penguin Random House have both issued statements commending Indiana legislators for revising the Religious Freedom Restoration Act. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-06 00:00:00 UTC ]
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Deals Drove Growth at Penguin Random House

Total revenue at Penguin Random House rose 25.2% in 2014 to 3.32 billion euros, while EBITDA increased 24.5% to 452 million euros. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-31 00:00:00 UTC ]
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iBooks Bestsellers: ‘Paper Towns’ Rises

The debut of the trailer of the film adaptation shot John Green's 2008 novel to the #2 spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-25 00:00:00 UTC ]
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Egmont group's profits rise in 'best year ever'

Denmark-based Egmont Group said it achieved its “best year ever” in 2014, as pre-tax profit for the year totalled €127m (£92.5m), a 36% increase from 2013. All divisions recorded improvements in their underlying operations and overall revenues for 2014 grew 10% to €1.6bn (£1.2bn). Ebitda... Continue reading at The Bookseller

[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Don't Wait for NewFront Pitches: Here are the Top Beauty and Style Channels on YouTube (and How Much They Earn)

As companies from BuzzFeed to Hulu prepare to pitch advertisers on their "premium"video series at the Digital Content NewFronts, it's perhaps time for a reminder that plenty of, well, arguably non-premium content creators are already good friends with marketers.So here's a look at 20 of the most... Continue reading at Advertising Age

[ Advertising Age | 2015-03-18 00:00:00 UTC ]
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