Pearson buys Author Solutions, will integrate with Penguin

Pearson has acquired self-publishing company Author Solutions Inc for $116m (£74m) in cash... Continue reading at 'The Bookseller'

[ The Bookseller | 2012-07-19 00:00:00 UTC ]

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Pearson sells 22% stake in Penguin Random House

Shares in the publishing firm rise after it says the sale will raise about $1bn (£776m). Continue reading at BBC News

[ BBC News | 2017-07-11 00:00:00 UTC ]
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Pearson sells slice of Penguin for $1bn

The beleaguered FTSE 100 firm strengthens balance sheet by selling a 22% stake to Bertelsmann in deal valuing the publishing giant at $3.55bn Pearson has sold a 22% stake in Penguin Random House, the world’s biggest publisher, with titles ranging from Fifty Shades of Grey, Jamie Oliver and The... Continue reading at The Guardian

[ The Guardian | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deal valuing #publishing giant #biggest publisher #titles ranging #fifty shades #jamie oliver #profit warnings


Penguin Random House shows Pride in LGBTQ authors

Penguin Random House this weekend took to the streets of central London to march in support of Pride, an annual event which this year marked 50 years since the decriminalisation of homosexuality in England. Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #central london #annual event


Pearson to sell 22% stake in Penguin Random House

Pearson has agreed to sell 22% of its stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, valuing the publisher at $3.55bn (£2.76bn). The deal means Bertelsmann will increase its control over the publisher, owning a 75% stake, while Pearson will own the remaining 25%. The deal is... Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #markus dohle


Digital Solutions in India 2017: AuthorCafe, a Single-URL Authoring Platform

An online and collaborative authoring and publishing services platform, AuthorCafe, a TNQ start-up, has been in public beta since January 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital solutions #public beta


New Amazon Buy Button Program Draws Ire of Publishers, Authors

Industry members claim the program, which allows third-party re-sellers to win the main buy button on book pages, has the potential to "decimate authors' and publishers' earnings," especially on backlist books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-09 00:00:00 UTC ]
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Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy

Authors' and publishers' groups are protesting a change in Amazon's third-party sales policy. The retailer says it's in line with 'the rest of Amazon.' The post Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-09 00:00:00 UTC ]
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Pearson to sell its stake in Penguin Random House

Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade... Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #financial terms


Books world alarmed by Pearson's sale of stake in Penguin Random House

Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express uneaseAuthors and staff have reacted cautiously to news that Pearson is to sell its stake in Penguin Random House (PRH), the world’s biggest publisher and... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #jamie oliver


Pearson to Sell Stake in Penguin Random House

Faced with worse-than-expected results in its North American higher education publishing business, Pearson said this morning that it is putting its 47% stake in Penguin Random House up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


More than 140 authors urge Penguin Random House to undo break with unions

Open letter from writers including David Almond, Michael Rosen and Meg Rosoff calls on publisher to ‘reverse its decision to derecognise unions’Children’s authors David Almond, Michael Rosen and Meg Rosoff are among more than 140 writers, booksellers and librarians who have signed a letter... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open letter #michael rosen #meg rosoff #letter calling #redundancy fears


Penguin General showcases Spring 2017 authors

Penguin General hosted its authors at the Library Club on St Martins Lane, who personally introduced their books for Spring 2017 in a series of five-minute readings. Continue reading at The Bookseller

[ The Bookseller | 2016-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library club


Author Solutions: behind the headlines

Self-publishing outfit author solutions was sold by Penguin Random House in January 2016, and it is now ready to expand, its c.e.o. Andrew Phillips says. Continue reading at The Bookseller

[ The Bookseller | 2016-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #author solutions #andrew phillips


Pushkin buys novel by Danish author Nors

Pushkin Press has acquired the UK and Commonwealth rights to a novel by Danish author Dorthe Nors. Continue reading at The Bookseller

[ The Bookseller | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pushkin buys #pushkin press


Hodder Education buys Pearson Singapore list

The Hodder Education Group has bought Pearson's list of textbooks for primary and secondary schools in Singapore. Continue reading at The Bookseller

[ The Bookseller | 2016-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #secondary schools


Author Solutions Sold to Private Equity Firm

Penguin Random House has sold its Author Solutions division to an affiliate of the Najafi Companies, a private investment firm that at one point owned Bookspan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
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Second Case Against Author Solutions Is Dismissed

The dismissal of the fraud class action suit against Author Solutions ends two years of litigation against the self-publishing service. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #author solutions #self-publishing service


Cote denies class certification in Authors Solutions case

A lawsuit accusing Author Solutions of seeking to make money from authors, rather than for authors, has been denied class certification by a judge in the US. New York-based law firm Giskan Solotaroff Anderson & Stewart filed a class action lawsuit against Author Solutions in New York in... Continue reading at The Bookseller

[ The Bookseller | 2015-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make money #author solutions


Court Denies Class Action in Author Solutions Case

In a 30-page written opinion, Cote ruled that the plaintiffs failed to produce evidence to back up their fraud claims. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fraud claims


Don't buy gun-shaped cellphone cases, authorities implore

Police and prosecutors in New Jersey are asking people to please not buy a cellphone case that looks like a gun. "It's a terrible idea, and it's very dangerous," New Jersey state police said on Facebook. "We strongly recommend that you do not use this product. "Officers do not have the luxury of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #terrible idea