Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson


Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
More news stories like this | News stories tagged with: #pearson #penguin random house


PRH Added £25 Million to Pearson's First Half Earnings

As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson #penguin random house #half earnings


Pearson completes sale of 22% stake in PRH to Bertelsmann

Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #22% stake


Pearson will not sell PRH stake until 2017

Pearson is to keep its stake in Penguin Random House until at least 2017, its c.e.o. John Fallon has said. The company owns 47% of the publishing company, with the other 53% owned by Bertelsmann. In an interview with Bloomberg TV Fallon said it was “unlikely” that Pearson would exercise its... Continue reading at The Bookseller

[ The Bookseller | 2015-09-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


Create and sell an e-book for just $25 this January

If you’re looking for more ways to earn an income or diversify revenue streams, e-books are a great avenue. You don’t need to be an expert, either. With My AI eBook Creation Pro, you can create premium e-books in a matter of clicks without the writing or design expertise. Powered by... Continue reading at PC World

[ PC World | 2024-01-10 08:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book #editorial independence #lifetime subscription #revenue stream #suggested titles #target audience


Hardie Grant Sells U.K. Division to PRH UK

Penguin Random House UK has acquired Australia-based publisher Hardie Grant Publishing’s U.K. publishing business, which is comprised of Hardie Grant UK and Quadrille. The sale will have no direct impact on Hardie Grant North America's business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin random house #direct impact #prh uk #publishing business


Nihar Malaviya Made Permanent PRH CEO by Bertelsmann

Praising a strategy for letting PRH publishers work 'more creatively and entrepreneurially,' Bertelsmann's Thomas Rabe announces Nihar Malaviya the company's permanent worldwide CEO. The post Nihar Malaviya Made Permanent PRH CEO by Bertelsmann appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-19 05:41:40 UTC ]
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Bertelsmann subsidiary to end, sell dozens of magazines

German media group RTL Deutschland says it will stop publishing almost two dozen print magazines and seek to sell a similar number Continue reading at ABC News

[ ABC News | 2023-02-07 13:23:50 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #stop publishing


Pearson plans to sell its textbooks as NFTs

Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand salesTextbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.Educational books are... Continue reading at The Guardian

[ The Guardian | 2022-08-02 15:37:17 UTC ]
More news stories like this | News stories tagged with: #pearson #educational books #claw back #non-fungible tokens #educational publisher #pearson plans #digital textbooks


PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
More news stories like this | News stories tagged with: #penguin random house #bertelsmann #strong year #markus dohle #post prh


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 | News stories tagged with: #bertelsmann #major publisher #penguin random house #$2bn deal #advertising operations #stephen king #hillary clinton #dan brown


PRH owner Bertelsmann to buy Simon & Schuster in $2.2bn deal

PRH owner Bertelsmann is to buy Simon & Schuster from ViacomCBS for $2.2bn, it has been announced. Continue reading at The Bookseller

[ The Bookseller | 2020-11-25 12:40:42 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #2bn deal


PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #penguin random house #30th june #global revenues


PRH UK and DK join with other Bertelsmann companies for podcast business Storyglass

Penguin Random House UK and DK have joined with Bertelsmann stablemates Fremantle and BMG to launch a joint podcast business, called Storyglass, as part of the Bertelsmann Content Alliance UK. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 15:51:02 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #penguin random house #prh uk


Bertelsmann Now Owns 100% of PRH

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 ]
More news stories like this | News stories tagged with: #bertelsmann #sole owner


Europa sells Ferrante's Lying Life audio to PRH

Europa Editions has sold world English language audio rights to Elena Ferrante's latest novel to Penguin Random House Audio.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 09:15:04 UTC ]
More news stories like this | News stories tagged with: #penguin random house #elena ferrante #europa editions


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 ]
More news stories like this | News stories tagged with: #penguin random house #pearson #bertelsmann


Hungry Caterpillar author Eric Carle sells company to PRH

Eric Carle, the author and illustrator behind such children's classics as The Very Hungry Caterpillar, has decided at the age of 90 to sell his company to Penguin Random House. Continue reading at The Bookseller

[ The Bookseller | 2019-11-06 09:00:10 UTC ]
More news stories like this | News stories tagged with: #hungry caterpillar #eric carle


Strong performance by PRH as Bertelsmann records highest first half for 12 years

Penguin Random House's parent company Bertelsmann has reported its highest first half for 12 years with €8.6bn group revenues, with PRH’s successful performance attributed to “strong bestsellers, high growth rates in audio formats, and acquisitions”. Continue reading at The Bookseller

[ The Bookseller | 2019-08-29 03:19:02 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #audio formats #strong performance