Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at 'The Bookseller'
[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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B&N issued a final tender offer to its shareholders for an acquisition bid from Elliott Capital Advisors in documents filed with the SEC that also offered a detailed look at the acquisition process. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-10 04:00:00 UTC ]
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Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller
[ The Bookseller | 2019-05-24 02:11:56 UTC ]
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Penguin Random House has acquired a 45% stake in Sourcebooks, the independent publisher founded by Dominique Raccah in 1987, which has shown rapid growth in the children's sector. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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In response to Baker & Taylor closing its retail wholesale business, Penguin Random House has launched the "Indies Express Program" to transition B&T indie bookstore accounts to direct sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-08 04:00:00 UTC ]
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Revenue at Penguin Random House rose 1.9% in 2018 over 2017 and earnings increased 1.3%. PRH global CEO Markus Dohle said he expects to see more gains in 2019 due in part to more increases in digital audio sales and expanding global book markets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-26 00:00:00 UTC ]
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Pearson has agreed the sale of its FT freehold and corporate headquarters at One Southwark Bridge to M&G Real Estate for £115m. Continue reading at The Bookseller
[ The Bookseller | 2018-11-15 00:00:00 UTC ]
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Penguin Random House's parent company Bertelsmann has reported its highest nine-month group sales since 2007, with a 2.4% rise in revenue year-on-year to €12.4bn. Continue reading at The Bookseller
[ The Bookseller | 2018-11-09 00:00:00 UTC ]
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Penguin Random House has acquired majority ownership of Brazilian publishing house Companhia das Letras, in which it first acquired a 45% stake in 2012. Continue reading at The Bookseller
[ The Bookseller | 2018-11-01 00:00:00 UTC ]
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Viking will be selling copies of Michelle Obama’s upcoming autobiography, Becoming, to PRH UK staff for £5-apiece on publication day to raise money for the Advocacy Academy. Continue reading at The Bookseller
[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Kuala Lumpur is the 2020 World Book capital; more political books in the US released and compete with growing sales of Woodward's 'Fear'; and PRH has a new CFO. The post Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
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Penguin Random House (PRH) has recorded a decline in sales and earnings for the first six months of 2018, owing to exchange rate effects, according to Bertelsmann's first-half operating results. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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'Underlying operating revenue and profit numbers for Penguin Random House in US dollars have been stable year-over-year,' Markus Dohle tells PRH staff, following the half-year report from Bertelsmann. The post Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-30 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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Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at The Bookseller
[ The Bookseller | 2018-05-05 00:00:00 UTC ]
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The sale of Waterstones to hedge fund Elliott Advisors is likely to close at the end of this month, The Bookseller understands. Continue reading at The Bookseller
[ The Bookseller | 2018-04-10 00:00:00 UTC ]
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Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller
[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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The last time the Supreme Court took a hard look at how to impose sales taxes on home shopping, it was the era of mail-order catalogs — “before Amazon was even selling books out of Jeff Bezos’ garage,” lawyers recently told the justices. In 1992, the high court upheld a constitutional rule that... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-05 00:00:00 UTC ]
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Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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The purchase, which was announced in April, will boost Penguin Random House Grupo Editorial’s position in Spanish-language trade-book publishing markets throughout the world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-05 00:00:00 UTC ]
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Penguin Random House has acquired Ediciones B’s imprints from Grupo Zeta and will merge it into Penguin Random House Grupo Editorial (PRHGE) in Spain and Latin America. Continue reading at The Bookseller
[ The Bookseller | 2017-07-05 00:00:00 UTC ]
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