Thanks to bestsellers like Dan Brown's Inferno and Sheryl Sandberg's Lean In, Random House Inc. boasted record profits for the first half of 2013, parent company Bertelsmann reported Friday in what will be the last earnings announcement for the publisher as a stand-alone unit. Sales, however, dipped slightly.Random House merged with Penguin on July 1 to become the Manhattan-based global publishing giant Penguin Random House.Compared to the same period a year ago, Random House revenue fell 3% to 915 million euros or $1.2 billion. Operating income rose 4% to 117 million euros or $155 million. A Penguin Random spokesman credited the increase in profits to "cost discipline" and strong sales growth overseas in ebooks, which have higher margins than print editions.The dip in sales revenue reflected the comparison with the unusually strong first half of 2012, when the Fifty Shades trilogy was topping bestseller lists. The "mommy porn" novels padded this year's sales as well, however, selling an additional 5 million copies in both print and digital editions.As a portion of worldwide sales, ebooks fell to 20% of the total from 22% a year ago, largely due to the drop-off from Fifty Shades, according to the spokesman.Penguin also recently reported solid results, with a 6% jump in sales and a 14% spike in profits for the first half. Penguin's parent company Pearson owns 47% of the merged company, with Bertelsmann owning the rest."We can all take pride in what we have... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-30 00:00:00 UTC ]
Penguin Random House, announces its withdrawal from New York City’s 2020 BookExpo and ReedPop’s associated public weekend, BookCon. The post Penguin Random House Withdraws From BookExpo and BookCon 2020: Coronavirus Update appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-18 19:57:06 UTC ]
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Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines. The post Bertelsmann and Penguin Random House: Climate Neutrality by 2030 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-02-18 18:34:48 UTC ]
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Here are six narrators, who, as of this writing, have each recorded less than five audiobooks. This reader can't wait to listen to them again. Continue reading at Book Riot
[ Book Riot | 2020-02-17 11:32:05 UTC ]
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Because they have nothing to hide about anything, the White House has issued some kind of threat—according to CNN’s Jake Tapper—in a formal letter to former National Security Adviser John Bolton, whose forthcoming memoir from Simon & Schuster contains first-hand accounts of Donald Trump... Continue reading at Literrary Hub
[ Literrary Hub | 2020-01-29 17:43:05 UTC ]
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Rachel Pearson reviews the sequel to “The House of God,” “Man’s 4th Best Hospital,” by Stephen Bergman, written under the pen name Samuel Shem, and discusses the book’s sexism and flaunting of privilege. Continue reading at New Yorker
[ New Yorker | 2019-12-25 13:00:00 UTC ]
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Germany-based media and services company Bertelsmann says it will buy the 25% of publisher Penguin Random House that it doesn't already own for $675 million Continue reading at ABC News
[ ABC News | 2019-12-18 11:47:31 UTC ]
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Harry Potter and romance books? Of course!!!! Get ready to know more about these romance books matched with Hogwarts Houses. A Slytherin + Hufflepuff? Yes. Continue reading at Book Riot
[ Book Riot | 2019-12-18 11:38:39 UTC ]
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Andy Ward has been promoted to Random House US publisher effective immediately. Continue reading at The Bookseller
[ The Bookseller | 2019-11-18 15:04:10 UTC ]
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At Penguin Random House's flagship imprint, Andy Ward has been promoted to publisher, while Knopf's Robin Desser has been tapped as senior v-p and editor-in-chief. Ward is replacing Susan Kamil, who died, suddenly, last month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-18 05:00:00 UTC ]
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Bonnier Books – the parent company of Bonnier Books UK – is launching a new publishing house in Denmark early next year. Continue reading at The Bookseller
[ The Bookseller | 2019-11-15 11:11:48 UTC ]
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While reporting big attendance numbers, the Sharjah Book Fair this year is most memorable for events affirming its deepening world publishing relationships. The post Sharjah International Book Fair Draws a Record-Breaking 2.52 Million Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-11 08:13:34 UTC ]
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Little, Brown is publishing a book from the anonymous senior official who wrote a New York Times op ed claiming to be part of “the resistance" inside Donald Trump's White House. Continue reading at The Bookseller
[ The Bookseller | 2019-10-23 07:27:05 UTC ]
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The National Book Award finalist answers 10 questions about her debut memoir The Yellow House. The post Building The Yellow House: An Interview With National Book Award Finalist Sarah M. Broom by Cassandra Lipp appeared first on Writer's Digest. Continue reading at Writer's Digest
[ Writer's Digest | 2019-10-11 13:00:04 UTC ]
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Boris Pasternak’s great-niece Anna claims Lara Prescott’s The Secrets We Kept copied her biography of Pasternak’s loverPublisher Penguin Random House has dismissed claims that Lara Prescott, a debut novelist who received a $2m (£1.6m) advance for her novel about the publication of Boris... Continue reading at The Guardian
[ The Guardian | 2019-10-01 15:39:25 UTC ]
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Bonnier Books UK will feature recordings of convicted killers in an audiobook of true crime bestseller Talking with Serial Killers: The World’s Most Evil. Continue reading at The Bookseller
[ The Bookseller | 2019-09-11 20:04:55 UTC ]
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Atlantic Books has announced that 2018 saw its first operating profit since 2009. Continue reading at The Bookseller
[ The Bookseller | 2019-09-09 19:58:43 UTC ]
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Executive vice president and publisher of Random House Susan Kamil, who published Salman Rushdie, Ta-Nehisi Coates, Elizabeth Strout, Sophie Kinsella, and Ruth Reich, among many others, died this weekend from complications relating to lung cancer, the AP reports. Random House president Gina... Continue reading at Literrary Hub
[ Literrary Hub | 2019-09-09 14:26:02 UTC ]
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Susan Kamil, publisher of Random House and a veteran publishing executive whose career spanned more than 40 years, died on Sunday, September 8, from complications from lung cancer. She was 69. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-09 04:00:00 UTC ]
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One of the most interesting things about book publishing, as an industry, is the way imprints and publishing houses develop over time—shifting focus to keep up with public interest, taking on personalities along with personnel, changing hands ad nauseam and merging like no one’s watching.... Continue reading at Literrary Hub
[ Literrary Hub | 2019-08-15 09:36:09 UTC ]
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ADVFN Books has licensed foreign rights to Harriman House for a number of titles from its financial books division. Continue reading at The Bookseller
[ The Bookseller | 2019-08-12 13:34:13 UTC ]
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