Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]

Other news stories related to: "Pearson Earned £65 Million In Profits from Its PRH Stake in 2019"

Russian plane grounded at Pearson airport racks up massive parking bill

A Russian cargo plane stranded at Toronto Pearson International Airport is racking up parking fees of more than $1,000 per day. Continue reading at CBC

[ CBC | 2022-06-02 18:22:24 UTC ]
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Farewell, This Is Us: the sensational schmaltzfest we all needed

The Pearson family saga has been comfort TV at its cosiest, full of twists, cheesy lines and fabulous characters – and it even bowed out with its own ‘Sopranos fade-to-black’ momentWarning: this article contains spoilers.It’s over. After 106 episodes of emotional evisceration, This Is Us (Amazon... Continue reading at The Guardian

[ The Guardian | 2022-05-26 12:40:10 UTC ]
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The Morning After: Dyson’s secret robot projects

The NFL's rumored streaming service could debut in JulyDyson, the company that’s recently branched out into hair curlers, air-purifying headphones and not cars, has revealed it has an entire division secretly developing robot prototypes for household chores.The company didn't detail any of the... Continue reading at Engadget

[ Engadget | 2022-05-26 11:15:21 UTC ]
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Ukrainians stranded at Pearson Airport forced to rely on the kindness of strangers on social media

A lack of information from the federal government has forced some Ukrainians fleeing the war to turn to social media for help when they land at Toronto's Pearson Airport. Continue reading at CBC

[ CBC | 2022-05-12 09:00:00 UTC ]
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PRH Sees Sales of Spanish-Language Books Surge

Silvia Matute, president of Penguin Random House Grupo Editorial’s U.S. division, discusses the company’s growth and the Spanish-language book market in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Kelly, Smart Named Co-CEOs at DK

Paul Kelly and Rebecca Smart will take over as co-CEOs of DK worldwide June 1 when its current CEO, Carsten Coesfeld, moves to head Bertelsmann Investments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-06 04:00:00 UTC ]
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Book Riot’s SFF Deals for April 4, 2022

Today’s edition of SFF Daily Deals is sponsored by Penguin Random House & Underlined. `Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-04 14:08:53 UTC ]
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Book Riot’s YA Deals of the Day for April 2, 2022

Today's edition of YA Deals is sponsored by Penguin Random House & Underlined.`Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-02 10:00:00 UTC ]
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Book Riot’s Deals of the Day for April 1, 2022

Today's edition of Daily Deals is sponsored by Penguin Random House & Underlined`Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-01 14:05:33 UTC ]
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PRH Had a Record Year in 2021

Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
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Shares in educational publisher Pearson slump as Apollo pulls out

The company, which was on a steady recovery path, was biggest faller on FTSE 100 on WednesdayShares in Pearson slumped by as much as 12% after Apollo said it would not make another bid for the educational publisher after having a third offer valuing the company at £7.2bn, including debt,... Continue reading at The Guardian

[ The Guardian | 2022-03-30 12:09:13 UTC ]
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From the Archive: March 30, 1998

This summer, the courts will rule on Bertelsmann subsidiary PRH’s planned purchase of Simon & Schuster. But 24 years ago, the industry was agape over Bertelsmann’s acquisition of Random House. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-25 04:00:00 UTC ]
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DocuSign, Zumiez fall; Pfizer, Pearson rise

Stocks that traded heavily or had substantial price changes Friday: DocuSign, Zumiez fall; Pfizer, Pearson rise Continue reading at ABC News

[ ABC News | 2022-03-11 21:18:01 UTC ]
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Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a... Continue reading at The Guardian

[ The Guardian | 2022-03-11 13:22:21 UTC ]
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Pearson up 21% in London after Apollo says mulling possible cash offer for group

Pearson up 21% in London after Apollo says mulling possible cash offer for group Continue reading at MarketWatch.com

[ MarketWatch.com | 2022-03-11 11:30:01 UTC ]
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Exclusive cover reveal: Suad Amiry’s Mother of Strangers.

Lit Hub is pleased to reveal the cover for Suad Amiry’s new novel, Mother of Strangers, which will be published by Penguin Random House this August. Mother of Strangers, based on a true story, follows the lives of 15-year-old mechanic Subhi and 13-year-old Shams, the girl he hopes to marry one... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-07 15:36:20 UTC ]
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PRH Celebrates Black Excellence (and Books) with #AllWaysBlack

In May 2021, Penguin Random House launched a new marketing effort under the hashtag #AllWaysBlack. Over 26.3K followers and nearly a year later, the channel will expand in a number of ways. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
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Publishers, Agencies Start Receiving Subpoenas as DoJ-PRH Case Ramps Up

As Penguin Random House and the Department of Justice continue to prepare for an August trial in which PRH hopes to block the government’s effort to kill its acquisition of Simon & Schuster, professionals throughout the industry are finding themselves pulled into the legal fray. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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