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 ]

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Simon & Schuster refuses to distribute book by officer who shot Breonna Taylor

US publishing giant was due to distribute Jonathan Mattingly’s The Fight for Truth for rightwing outlet Post Hill PressSimon & Schuster has said that it will not be distributing a book by one of the police officers who shot Breonna Taylor, after a small publisher whose books are distributed... Continue reading at The Guardian

[ The Guardian | 2021-04-16 09:27:28 UTC ]
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How to Write About Kink Without Going Full “Fifty Shades”

It is hard to talk about sex and literature without making some sort of Fifty Shades of Grey reference. But where Fifty Shades shows a caricature of S&M, the new anthology Kink is a celebration of the range of human desires. From the power of control and the titillation of voyeurism, this... Continue reading at Electric Literature

[ Electric Literature | 2021-02-12 12:00:00 UTC ]
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'Borderlands' developer Gearbox is merging with publishing giant Embracer

Some of the larger independents in the video game world now have a shared home. Embracer Group (aka THQ Nordic) is merging with Gearbox Software, turning the Borderlands studio into a seventh operating group that will serve as a wholly-owned subsidia... Continue reading at Engadget

[ Engadget | 2021-02-03 15:42:53 UTC ]
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Penguin Random House to purchase Simon & Schuster in massive publishing deal

ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
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Jamie Oliver rustles up his 67th number one with 7 Ways

Jamie Oliver's 7 Ways (Michael Joseph) has soared into the UK Official Top 50 number one spot, selling 34,241 copies through Nielsen BookScan's TCM. Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 18:56:55 UTC ]
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Condé Nast Pitches Diversity to Advertisers at NewFronts

Publishing giant Cond? Nast is committed to championing more diverse voices, executives told potential advertisers today at the company's virtual NewFronts presentation. The event comes two weeks after charges of racist and biased behavior toward former and current employees who were outspoken... Continue reading at AdWeek

[ AdWeek | 2020-06-23 19:36:48 UTC ]
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Watch: Condé Nast's Pam Drucker Mann on the state of media in the pandemic

In this live episode of Ad Age Remotely, Condé Nast's chief revenue officer discusses how the publishing giant is navigating managing costs and ad revenue.  Continue reading at Advertising Age

[ Advertising Age | 2020-04-30 14:45:12 UTC ]
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Watch live at 10 a.m. EDT: Condé Nast's Pam Drucker Mann on the state of media in the pandemic

In this live episode of Ad Age Remotely, Condé Nast's chief revenue officer discusses how the publishing giant is navigating managing costs and ad revenue.  Continue reading at Advertising Age

[ Advertising Age | 2020-04-30 12:45:12 UTC ]
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Watch live Thursday at 10 a.m. EDT: Condé Nast's Pam Drucker Mann on the state of media in the pandemic

In this live episode of Ad Age Remotely, Condé Nast's chief revenue officer discusses how the publishing giant is navigating managing costs and ad revenue.  Continue reading at Advertising Age

[ Advertising Age | 2020-04-29 22:14:12 UTC ]
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Stay inside with the 10 best books of April

Staying indoors will feel like an adventure with this roundup of titles ranging from romance to historical fiction to memoir. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:30:56 UTC ]
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Stay inside with the 10 best books of April

Staying indoors will feel like an adventure with this roundup of titles ranging from romance to historical fiction to memoir. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:30:56 UTC ]
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Stay inside with the 10 best books of April

Staying indoors will feel like an adventure with this roundup of titles ranging from romance to historical fiction to memoir. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:30:56 UTC ]
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Rowling, Smith and Oliver make British Book Awards '30 from 30' shortlist

JK Rowling, Zadie Smith and Jamie Oliver have made the shortlist for the British Book Awards "30 from 30" trophy that will crown one book the “best” of the past three decades. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 13:31:41 UTC ]
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Jamie Oliver reveals cover for latest cookbook

Jamie Oliver has revealed the cover for his latest cookbook, 7 Ways, which will offer new takes on supermarket staples.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 06:26:08 UTC ]
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BookScan Reports 'Fifty Shades of Grey' Is Bestselling Book of the Decade

E.L. James’s irresistibly salacious novel 'Fifty Shades of Grey' is the bestselling book in the U.S. book market over the past decade according to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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The precarious state of local news giants

Even compared to this year’s other brutal weeks for American journalism, the past seven days have been particularly turbulent. Last Wednesday, the publishing giant McClatchy reported severe liquidity problems along with its third-quarter results; its share price has since collapsed from $2.28 to... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2019-11-20 13:10:34 UTC ]
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RELX Group Is 2019's Biggest Publisher

The producer of STM and legal materials overtakes Pearson as the world’s largest publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-11 04:00:00 UTC ]
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At Le Monde, journalists win a battle for editorial independence

In recent months, a shareholder battle has roiled Le Monde, which is effectively France’s paper of record. In October 2018, staff and readers, representatives of whom own 25 percent of its parent company, lashed out after one of Le Monde’s shareholders furtively sold a chunk of his stake to a... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2019-10-08 12:07:56 UTC ]
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And the Dish ran away with the ... Fox

Welcome to another edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast/cable/streaming, sponsorships, endorsements, gambling and tech. They can Dish Network it out, but they can take it? In the latest... Continue reading at Advertising Age

[ Advertising Age | 2019-09-28 16:15:43 UTC ]
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