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"


Pearson sales drop 10% in 'challenging' 2020

Pearson has reported group sales fell 10% in 2020 in its January trading update, reflecting the continuing impact of Covid.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-19 21:27:03 UTC ]
More news stories like this


Random House Group Promotes Top Execs to New Roles

Penguin Random House has named David Drake, Scott Shannon, Kara Welsh, and Chris Jackson to new roles with expanded responsibilities, among others. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
More news stories like this


Nolan Promoted to Publisher of Penguin Books

Patrick Nolan has been promoted to publisher of Penguin Books, among several other role changes at Penguin Random House imprint Viking Penguin. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
More news stories like this


Forced into camps, Japanese Americans found respite in football

In “The Eagles of Heart Mountain,” Bradford Pearson provides a compelling and necessary history of Japanese American incarceration in World War II. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-01-13 16:04:01 UTC ]
More news stories like this


Forced into camps, Japanese Americans found respite in football

In “The Eagles of Heart Mountain,” Bradford Pearson provides a compelling and necessary history of Japanese American incarceration in World War II. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-01-13 16:04:01 UTC ]
More news stories like this


PRH expresses confidence in industry's prospects on entering third lockdown

In an open letter published on the company's website, PRH UK c.e.o. Tom Weldon has expressed confidence in the industry's prospects on entering a third lockdown, and revealed Penguin Random House UK is donating a further 15,000 more books to communities most affected by the coronavirus... Continue reading at The Bookseller

[ The Bookseller | 2021-01-12 10:23:48 UTC ]
More news stories like this


PRH Children's scoops 'explosive' YA debut from Alvarez

Penguin Random House Children’s Books has scooped Lies Like Wildfire, the “compulsive and explosive” debut YA novel from Jennifer Lynn Alvarez. Continue reading at The Bookseller

[ The Bookseller | 2021-01-07 03:46:12 UTC ]
More news stories like this


Spiegel and Grau Launch Indie House

Cindy Spiegel and Julie Grau are starting their own publishing company, after seeing their eponymous imprint shuttered by Penguin Random House in a reorganization at the company late last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-18 05:00:00 UTC ]
More news stories like this


Havas Chicago Names New Executive Client, Strategy Leads

Havas has named new executive client and strategy leaders in its Chicago office heading into 2021, hiring Lilia Arroyo Flores as chief strategy officer and Maisha Pearson as chief client officer. "Our clients' business needs are constantly changing--now more than ever--with strategy and... Continue reading at AdWeek

[ AdWeek | 2020-12-17 15:30:20 UTC ]
More news stories like this


PRH Canada Divides Knopf and Random House

Penguin Random House Canada is splitting the Knopf Random House Canada publishing group into two different imprints: Knopf Canada and Random House Canada. Each imprint has new leadership and will operate independently. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
More news stories like this


Commentary: The latest publishing mega-merger might kill off small presses — and literary diversity

The planned merger of Penguin Random House and Simon & Schuster may be global but it's bad for books both foreign and domestic. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-12-04 19:25:12 UTC ]
More news stories like this


Blackman to conclude Noughts & Crosses journey with Endgame next summer

Malorie Blackman is completing her Noughts & Crosses YA series with the sixth and final novel, Endgame, publishing with Penguin Random House Children’s UK in summer 2021. Continue reading at The Bookseller

[ The Bookseller | 2020-12-02 18:32:59 UTC ]
More news stories like this


Publishers are not obliged to give bigots like Jordan Peterson a platform | Nathan Robinson

Nobody has a human right to a lucrative book contract without regard for whether their opinions are sound or valuableJordan Peterson, the Canadian psychology professor and lobster-loving life coach who came to public attention after refusing to use the preferred pronouns of transgender people,... Continue reading at The Guardian

[ The Guardian | 2020-12-02 13:56:38 UTC ]
More news stories like this


First PRH ethnicity pay report shows gap of 16% for BAME employees

Penguin Random House has published its first ever ethnicity pay report, which found that BAME staff are paid 16% less than their white colleagues, on average. Continue reading at The Bookseller

[ The Bookseller | 2020-11-29 12:21:20 UTC ]
More news stories like this


PRH and HC win at Audio Production Awards

Penguin Random House and HarperCollins have both scooped prizes at this year's Audio Production Awards. Continue reading at The Bookseller

[ The Bookseller | 2020-11-27 08:52:59 UTC ]
More news stories like this


Penguin Random House Schuster: a new promised land

Can Penguin Random House swallow Simon & Schuster while remaining good citizens? Continue reading at The Bookseller

[ The Bookseller | 2020-11-27 00:32:40 UTC ]
More news stories like this


Penguin to buy Simon & Schuster, create publishing giant

German media giant Bertelsmann says that its Penguin Random House division is buying rival Simon & Schuster Continue reading at ABC News

[ ABC News | 2020-11-25 20:24:15 UTC ]
More news stories like this


PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

German media firm, already owner of the giant Penguin Random House, says acquisition of another major publisher is ‘approvable’ within monopoly rulesGerman media group Bertelsmann is set to acquire publisher Simon & Schuster for $2.17bn, less than a year after it took control of Penguin... Continue reading at The Guardian

[ The Guardian | 2020-11-25 16:55:32 UTC ]
More news stories like this


Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion

Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four. The post Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-25 15:02:49 UTC ]
More news stories like this


Penguin Random House To Buy Simon & Schuster

Penguin Random House acquires Simon and Schuster, creating the largest megapublisher in the United States. Continue reading at Book Riot

[ Book Riot | 2020-11-25 15:00:18 UTC ]
More news stories like this