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 ]
Judge famous for ruling against Boris Johnson will recount how ‘a little girl from North Yorkshire became the most senior judge in the UK’ Lady Hale, who presided over the momentous decision to rule Boris Johnson’s prorogation of parliament unlawful, is set to write her memoirs, of how “a little... Continue reading at The Guardian
[ The Guardian | 2020-04-23 14:06:04 UTC ]
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Fundraiser for retailers facing hardship during the coronavirus pandemic reveals that benefactor is internet giant widely blamed for trade’s declineAmazon, the internet retail giant vilified for years as public enemy No 1 to booksellers, has been revealed as the surprise mystery benefactor that... Continue reading at The Guardian
[ The Guardian | 2020-04-23 11:37:33 UTC ]
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Former First Lady Michelle Obama will be reading children's books in a weekly series of videos for Penguin Random House and PBS Kids through May 11. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-17 20:08:16 UTC ]
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Penguin Random House UK is the latest U.K. publisher to take cost out of the business in the face of the Covid-19 pandemic. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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Long before Tinder, there was Jane Austen, warning your dates and their families that you looked nothing like your picture: in this instance, her subject was Mary Pearson, a portrait of whom has recently been discovered and acquired by Jane Austen’s House museum. Pearson, who likely inspired... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-07 15:55:45 UTC ]
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Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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San Antonio-based TrueAbility, a skills assessment software company, has signed a multiyear agreement with Minneapolis-based Pearson VUE, enhancing the global testing company's ability to administer certification exams for clients that can accurately demonstrate a test taker's competencies and... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-04-04 13:27:17 UTC ]
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Penguin Random House Grupo Editorial Mexico has shifted to teleworking and added new digital workflows, and is offering online classes prioritizing the sales of e-books, much for the first time. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Bertelsmann has completed the acquisition of Pearson's remaining 25% stake in Penguin Random House, making it the sole owner of the world's largest trade publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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For what seems like since time immemorial, Penguin Random House Children's has been by far the biggest beast in British kids' publishing. That might have changed this morning with HarperCollins' announcement that it will acquire Egmont UK, plus Egmont’s Polish and German children’s book... Continue reading at The Bookseller
[ The Bookseller | 2020-04-02 02:11:04 UTC ]
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Bertelsmann has formally completed the full acquisition of Penguin Random House, following the sale of Pearson's remaining 25% stake for $675m (£530m). Continue reading at The Bookseller
[ The Bookseller | 2020-04-01 12:09:24 UTC ]
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Shannon Marchese, formerly executive editor at Penguin Random House imprints Waterbrook & Multnomah and Convergent, has been hired as v-p, publisher of Tommy Nelson, Thomas Nelson’s children’s imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Penguin Random House UK c.e.o. Tom Weldon says the company is actively seeking ways of helping struggling booksellers during the coronavirus lockdown. Continue reading at The Bookseller
[ The Bookseller | 2020-03-26 21:42:26 UTC ]
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A crowdfunder set up by the trade to raise money for booksellers affected by the Covid-19 pandemic has increased its target to £100,000 after Penguin Random House and the Booksellers Association pledged support. Continue reading at The Bookseller
[ The Bookseller | 2020-03-25 19:31:47 UTC ]
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Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller
[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived. Continue reading at The Bookseller
[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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A day after Penguin Random House announced it had withdrawn from the 2020 BookExpo and BookCon, the shows' organizers have moved the dates from May to July. The post BookExpo Moves to July 22 to 26 in New York City: Coronavirus Update appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-19 23:36:11 UTC ]
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Penguin Random House and Pan Macmillan lead the pack among the shortlists for the trade categories of the British Book Awards 2020. Penguin Random House has 17 nominations and Pan Macmillan has 12. Continue reading at The Bookseller
[ The Bookseller | 2020-03-19 16:38:25 UTC ]
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Penguin Random House UK has announced a new partnership between its audio division and Rebellion, a publisher of comic books, fiction and video games, in response to increasing demand for science fiction audio. Continue reading at The Bookseller
[ The Bookseller | 2020-03-18 22:09:16 UTC ]
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