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 ]
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Daniel Crewe and Martina O'Sullivan are to take up new roles at Penguin General with the departure of publisher Venetia Butterfield, who will become m.d. of Cornerstone in January 2021. Continue reading at The Bookseller
[ The Bookseller | 2020-09-10 06:42:21 UTC ]
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The Publishers Association and Pearson are to sit in on the Creative Industries Advisory Group, to assist in steering "ongoing and upcoming trade negotiations" in the UK. Continue reading at The Bookseller
[ The Bookseller | 2020-09-01 06:08:05 UTC ]
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PRH Grupo Editorial gets translation rights to English-language titles from Wattpad Book, a world Spanish exclusive. The post Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-08-28 01:10:03 UTC ]
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With this year’s Independent Bookstore Day occurring at a particularly rough time for booksellers, the iconic Powell’s Books in Portland has decided to make a statement and stop selling through Amazon. In a statement, owner Emily Powell notes that the occasion, this year, feels “especially... Continue reading at Literrary Hub
[ Literrary Hub | 2020-08-27 19:29:44 UTC ]
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Penguin Random House Children's UK has acquired two new books from Instagram parenting star Daisy Upton, known to her 180,000 followers as "Five Minute Mum". Continue reading at The Bookseller
[ The Bookseller | 2020-08-26 05:40:56 UTC ]
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Pearson has appointed Andy Bird, most recently president and chairman of Walt Disney International, to be Pearson's new chief executive. He will start on 19th October, subject to shareholder approval, with outgoing boss John Fallon remaining in the role until that date. Continue reading at The Bookseller
[ The Bookseller | 2020-08-24 08:02:27 UTC ]
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In “I Promise,” LeBron James and the illustrator Nina Mata give hope to kids when they need it most. Continue reading at The New York Times
[ The New York Times | 2020-08-20 09:00:01 UTC ]
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Pearson pulled its BTEC results last night (19th August), the evening before they were to be released, saying it is regrading them in line with GCSEs and A-Levels. Continue reading at The Bookseller
[ The Bookseller | 2020-08-20 00:37:53 UTC ]
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LinkedIn offloaded presentation-sharing service SlideShare to ebook and audiobook platform Scribd for an undisclosed price. The professional network acquired SlideShare for $118.75 million in May 2012. Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd... Continue reading at AdWeek
[ AdWeek | 2020-08-12 14:55:00 UTC ]
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Penguin is to release a series of audio study guides to accompany key English literature A-level texts. Continue reading at The Bookseller
[ The Bookseller | 2020-08-11 19:08:23 UTC ]
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Podcast and video business with more than 100,000 subscribers sold to All3Media-owned firmBroadcaster Dan Snow has sold his Netflix-style streaming service and popular podcast business to Little Dot Studios, the digital content firm owned by Fleabag and 1917 producer All3Media.Snow, a favourite... Continue reading at The Guardian
[ The Guardian | 2020-08-11 11:47:47 UTC ]
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Penguin Random House is launching a new collection of audiobooks from the Penguin Classics list this September, featuring acting stars from "Noughts + Crosses", "Sex Education" and "His Dark Materials" as narrators. Continue reading at The Bookseller
[ The Bookseller | 2020-08-10 21:44:19 UTC ]
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Calling his ownership and management of The Bookseller 'the greatest privilege of my working life,' Nigel Roby sells The Stage's Hugh Comerford. The post Nigel Roby Sells the UK’s ‘The Bookseller’ to Stage Media Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-08-07 09:05:55 UTC ]
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Penguin has announced a series of virtual, live events featuring guests including Zadie Smith, Yotam Ottolenghi, Caitlin Moran and Jeremiah Emmanuel. Continue reading at The Bookseller
[ The Bookseller | 2020-08-06 05:28:30 UTC ]
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Penguin is to relaunch its non-fiction Great Ideas series after a decade's hiatus, with a new selection of 20 pocket-sized titles, featuring bespoke cover designs. Continue reading at The Bookseller
[ The Bookseller | 2020-08-04 02:20:41 UTC ]
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Terms of sale first enacted in March to help librarians during the Covid-19 crisis will now run through the end of the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Penguin is marking its 85th anniversary by selling a range of fine art prints from Charlie Mackesy, Dapo Adeloa and others, with all profits going to the National Literacy Trust. Continue reading at The Bookseller
[ The Bookseller | 2020-07-29 15:16:15 UTC ]
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Sci-fi preconceptions are challenged by little-known marvels from James Tiptree Jr, Angélica Gorodischer and othersThe border between science fiction and mainstream literature is more permeable than booksellers or publishers would have us think. Double Booker prize-winner Margaret Atwood’s... Continue reading at The Guardian
[ The Guardian | 2020-07-27 06:00:46 UTC ]
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Penguin Business will publish The Business Survival Kit by Byron Cole and Bianca Miller-Cole. Continue reading at The Bookseller
[ The Bookseller | 2020-07-26 12:02:42 UTC ]
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Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller
[ The Bookseller | 2020-07-24 08:05:58 UTC ]
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