Pearson sells slice of Penguin for $1bn

The beleaguered FTSE 100 firm strengthens balance sheet by selling a 22% stake to Bertelsmann in deal valuing the publishing giant at $3.55bn Pearson has sold a 22% stake in Penguin Random House, the world’s biggest publisher, with titles ranging from Fifty Shades of Grey, Jamie Oliver and The Girl on the Train. The deal values Penguin at $3.55bn (£2.75bn).Pearson put its holding in PRH up for sale in January after issuing a string of profit warnings in its educational publishing business, and has sold the stake to partner Bertelsmann. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-07-11 00:00:00 UTC ]

Other news stories related to: "Pearson sells slice of Penguin for $1bn"


The Audio Book Club on Fifty Shades of Grey

To listen to the Audio Book Club discussion of Fifty Shades of Grey, click the arrow on the player below. Continue reading at Slate

[ Slate | 2012-06-29 00:00:00 UTC ]
More news stories like this


More records for erotic Grey book

Erotic novel Fifty Shades of Grey has continued its success in the UK after breaking the weekly paperback sales record. Continue reading at BBC News

[ BBC News | 2012-06-22 00:00:00 UTC ]
More news stories like this


Records tumble as Fifty Shades sales continue to climb

  E L James' Fifty Shades of Grey (Arrow) has smashed the weekly sales record for a... Continue reading at The Bookseller

[ The Bookseller | 2012-06-19 00:00:00 UTC ]
More news stories like this


Fifty Shades of Grey quickest paperback to 550k mark

E L James’ Fifty Shades of Grey (Arrow) has become only the fourth paperback novel to sell... Continue reading at The Bookseller

[ The Bookseller | 2012-06-13 00:00:00 UTC ]
More news stories like this


More deals as publishers embrace erotica

The erotica trend sparked by Fifty Shades of Grey looks set to sizzle all summer, with... Continue reading at The Bookseller

[ The Bookseller | 2012-06-08 00:00:00 UTC ]
More news stories like this


MJ chases erotica market

Hot on the heels of Cornerstone’s Fifty Shades of Grey, Penguin’s Michael Joseph has... Continue reading at The Bookseller

[ The Bookseller | 2012-06-01 00:00:00 UTC ]
More news stories like this


Catching the Summer Book-Buying Wave

According to the calendar, it may not be summer for a few more weeks, but tell that to booksellers, who launched their summer selling season on Memorial Day. One week in and many independents are anticipating an up summer. A mild winter and a strong first quarter contributed to a number of... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-06-01 00:00:00 UTC ]
More news stories like this


The rise of sexy books

Erika Leonard laughs a lot, a deep wheezy chortle. And why wouldn't she? Leonard, a 49-year-old overnight publishing sensation, is laughing all the way to the bank. In the past few months the former TV executive has had her first novel, Fifty Shades of Grey, dominate the New York Times... Continue reading at Stuff

[ Stuff | 2012-05-14 00:00:00 UTC ]
More news stories like this


E L James tops chart for third consecutive week

E L James' Fifty Shades of Grey was once again the bestselling book in the UK last week, and... Continue reading at The Bookseller

[ The Bookseller | 2012-05-10 00:00:00 UTC ]
More news stories like this


Fifty Shades 'to spark new sub-genre’

Publishers are moving quickly to capitalise on the spectacular success of Century’s erotic... Continue reading at The Bookseller

[ The Bookseller | 2012-04-27 00:00:00 UTC ]
More news stories like this


Will There Be A ‘Fifty Shades’ Afterglow?

Those who work in publishing—and especially those who write books—are no strangers to jealousy. Why does one title become a bestseller when another doesn’t? That sentiment has certainly bubbled up around E.L. James’s Fifty Shades trilogy. While some romance editors and authors say they don’t... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-04-27 00:00:00 UTC ]
More news stories like this


Ebury to revive Black Lace

Ebury is relaunching its Black Lace erotica imprint, as E L James' Fifty Shades of Grey... Continue reading at The Bookseller

[ The Bookseller | 2012-04-26 00:00:00 UTC ]
More news stories like this


Fifty Shades shifts 60k copies

E L James’ Fifty Shades of Grey (Arrow) was comfortably the bestselling printed book in the... Continue reading at The Bookseller

[ The Bookseller | 2012-04-25 00:00:00 UTC ]
More news stories like this


E L James' erotic novel UK number one

British novelist E L James' much-discussed erotic novel Fifty Shades of Grey (Arrow) has... Continue reading at The Bookseller

[ The Bookseller | 2012-04-18 00:00:00 UTC ]
More news stories like this


'Fifty Shades of Grey' by E.L. James is selling books (and more)

'Fifty Shades of Grey' by E.L. James and sequels are an ebook and paperback phenomenon that is also causing a sales spike in sex shops. How did it all happen?The staff of the Pleasure Chest, a high-end West Hollywood sex shop, were first tipped to the "Fifty Shades of Grey" phenomenon by their... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-17 00:00:00 UTC ]
More news stories like this


Media Decoder Blog: "50 Shades of Grey" Movie Rights Are Bought by Universal

"Fifty Shades of Grey'' and its two sequels, which became underground sensations and attracted interest from major publishing houses, is headed for Hollywood. Continue reading at The New York Times

[ The New York Times | 2012-03-26 00:00:00 UTC ]
More news stories like this


Big names lose print traction in digital 2011

Despite another sterling year for Jamie Oliver, Britain's bestselling authors generated their... Continue reading at The Bookseller

[ The Bookseller | 2012-01-30 00:00:00 UTC ]
More news stories like this


Digitas chief Lang takes top role at Time Inc

Time Inc, the parent of IPC Media and the US publishing giant behind titles including People and Time, has appointed Digitas global chief executive Laura Lang as its new chief executive. Continue reading at Media Week

[ Media Week | 2011-12-01 00:00:00 UTC ]
More news stories like this


Penguin's ebook sales double

Written By: Graeme Neill Publication Date: Thu, 03/11/2011 - 09:55 Penguin's ebook sales have more than doubled in the first nine months of 2011, as parent Pearson reported an increase in total sales of 3% and operating profit of 13%. Total sales at Penguin for the nine months to 30th... Continue reading at The Bookseller

[ The Bookseller | 2011-11-03 00:00:00 UTC ]
More news stories like this