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"

WPP and iHeartMedia join forces to lure more audio branding business

WPP is hooking up with IHeartMedia on a new partnership aimed at luring more audio business from marketers. The venture, called “Project Listen,” will offer creative consulting and media planning covering multiple platforms, including broadcast radio, digital streaming, podcasts, smart speakers... Continue reading at Advertising Age

[ Advertising Age | 2019-06-17 10:00:00 UTC ]
More news stories like this

Penguin rebuts charge of antisemitism against author Pedro Baños

Publisher’s review of How They Rule the World, accused of prejudice in its coverage of the Rothschilds, finds book ‘robust’ but not antisemiticPenguin has undertaken a “thorough” review of one of its books, Spanish colonel Pedro Baños’s How They Rule the World, after allegations of antisemitism... Continue reading at The Guardian