The education business sold nearly half its stake in the publisher to Bertelsmann, but much of the proceeds will be reinvestedPearson is still going to own a quarter of Penguin Random House, so it’s not too late to hope that it can learn to tell a story like it is. Please, drop this bland corporate talk about “rebasing” the dividend. The cut in the offering is from 52p to 17p a share, or thereabouts, which is too severe to dress in neutral language. Pearson’s status as an investment one might wish to own for income is about to be obliterated.The shame is that Pearson’s sale of a 22% stake in PRH has been secured on terms that look respectable, at least in circumstances where there was only one possible buyer – German media group Bertelsmann, which owns 53% to Pearson’s current 47%. Pearson will collect $1bn (£778m) in cash, via a combination of the sale of the stake and a dividend, in a transaction that values PRH at about seven times its top-line earnings. That valuation feels roughly right, which is why Pearson’s shares initially rose. Related: Pearson sells slice of Penguin for $1bn Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2017-07-12 00:00:00 UTC ]
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Get to know what all of the book clubs are reading this month, then get involved. Continue reading at Book Riot
[ Book Riot | 2023-07-14 10:38:00 UTC ]
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Our favorite books coming out this week include new titles from Sara Hashem, Dwyer Murphy, Laura Sims, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-14 04:00:00 UTC ]
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R.F. Kuang's publishing parody 'Yellowface' is a Reese’s Book Club pick, Thao Thai's 'Banyan Moon' gets the Read with Jenna nod, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-09 04:00:00 UTC ]
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Our favorite books coming out this week include new titles from Jess Everlee, Beth Kempton, Lorissa Rinehart, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-07 04:00:00 UTC ]
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The new Random House Worlds 'pop-comics' imprint Inklore is acquiring manga, manhwa, manhua, and more for a 2024 launch. The post Penguin Random House’s New Inklore: ‘Pop-Comics’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-06-30 15:54:25 UTC ]
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Our favorite books coming out this week include new titles from Mark Billingham, Charlotte Mendelson, Carin Berger, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-30 04:00:00 UTC ]
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Announced June 28, Inklore will publish manga, manhua, manhwa, webcomics adaptations and light novels, with its first project to be released early 2024. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-29 04:00:00 UTC ]
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Our favorite books coming out this week include new titles from Julia Seales, Peter Moore, Shungiku Uchida, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-23 04:00:00 UTC ]
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Our favorite books coming out this week include new titles from Laura Lee Guhrke, Sarah Stewart Taylor, and Linda Kao. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-16 04:00:00 UTC ]
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Here are the books 11 of the biggest and most interesting book clubs have chosen as their picks for June 2023, including Yellowface by R.F. Kuang. Continue reading at Book Riot
[ Book Riot | 2023-06-15 10:36:00 UTC ]
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Our favorite books coming out this week include new titles from Kritika H. Rao, Uzma Jalaluddin, and Peter Turchin. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
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This year’s conference features an especially strong lineup of programs responding to the ongoing nationwide surge in book bans and legislative challenges to the freedom to read. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
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Our favorite books coming out this week include new titles from Andre Dubus III, Juno Dawson, and Ivy Pochoda. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
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After 10 months of courtship, marketing tech holding company The Brandtech Group wrapped its acquisition of Jellyfish, a digital media and marketing group with global reach that Brandtech didn’t have. Continue reading at Digiday
[ Digiday | 2023-06-01 12:01:00 UTC ]
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Our favorite books coming out this week include new titles from Luis Alberto Urrea, Meg Shaffer, and I.S. Berry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-26 04:00:00 UTC ]
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Our favorite books coming out this week include new titles from Benji Nate, Deborah Levy, and Bridget Walsh. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-19 04:00:00 UTC ]
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PEN America and publisher Penguin Random House filed a law suit today against a school district for book bans. Continue reading at Book Riot
[ Book Riot | 2023-05-17 16:28:56 UTC ]
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PEN officials called the suit a "first-of-its-kind challenge to unlawful censorship," bringing together concerned parents, authors, and a major publisher. "Censorship, in the form of book bans like those enacted by Escambia County, are a direct threat to democracy and our Constitutional rights,"... Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-17 04:00:00 UTC ]
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The latest novels from Nana Kwame Adjei-Brenyah, Victor LaValle, Abraham Verghese, and more are among the this month's picks by the nation's biggest book clubs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-15 04:00:00 UTC ]
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PW adult and children’s reviews editors will moderate a day of panels in which the editors of big fall titles showcase their books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
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