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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Five thrives: Jamie Oliver makes it six weeks at the top

Jamie Oliver’s 5 Ingredients—Quick & Easy Food (Michael Joseph) has breezed into a sixth week as the UK Official Top 50 number one. Continue reading at The Bookseller

[ The Bookseller | 2017-10-05 00:00:00 UTC ]
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Oliver's 5 Ingredients scoops fifth week at the top

Jamie Oliver has dished up a fifth week as the UK Official Top 50 number one, as 5 Ingredients—Quick & Easy Food (Michael Joseph) sold 44,956 copies for £537,538.  Continue reading at The Bookseller

[ The Bookseller | 2017-09-27 00:00:00 UTC ]
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Five goes fourth: Jamie Oliver serves up 60th number one

Jamie Oliver’s 5 Ingredients (Michael Joseph) has once again claimed the UK Official Top 50 number one spot, selling 54,605 copies for £648,673, according to Nielsen BookScan’s Total Consumer Market. Continue reading at The Bookseller

[ The Bookseller | 2017-09-20 00:00:00 UTC ]
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Six 'compelling' titles contend for FT Business Book award

Six titles ranging from the making of the iPhone to the evolution of financial markets have made it onto The Financial Times and McKinsey & Company Business Book of the Year shortlist. Continue reading at The Bookseller

[ The Bookseller | 2017-09-20 00:00:00 UTC ]
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Five alive: Jamie Oliver spends third week at number one

Jamie Oliver’s 5 Ingredients: Quick & Easy Food (Michael Joseph) has rustled up another week in the UK Official Top 50 number one spot, selling 56,966 copies for £675,321 according to Nielsen BookScan’s Total Consumer Market. Continue reading at The Bookseller

[ The Bookseller | 2017-09-13 00:00:00 UTC ]
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High 5: Jamie tops the chart again

Jamie Oliver has continued his blistering return to form, shifting 52,211 copies of 5 Ingredients: Quick and Easy Food (Michael Joseph) last week through Nielsen BookScan's Total Consumer Market to take the Official UK number one by almost 40,000 units.  Continue reading at The Bookseller

[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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A famous 5: Jamie roars back to number one

The starting pistol for the race to Christmas number one has sounded and Jamie Oliver is out of the blocks early, with his 5 Ingredients: Quick and Easy Food (Michael Joseph) shifting just under 37,000 units through Nielsen BookScan's Total Consumer Market in its first two days on sale. Continue reading at The Bookseller

[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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Pearson to axe 3,000 jobs after slump at main US business

Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian

[ The Guardian | 2017-08-04 00:00:00 UTC ]
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Pearson sells slice of Penguin for $1bn

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[ The Guardian | 2017-07-11 00:00:00 UTC ]
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Milo Yiannopoulos sues former publisher for $10m

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[ The Guardian | 2017-07-10 00:00:00 UTC ]
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Jamie Oliver 'can't wait' to publish 5-ingredient book in autumn

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[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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Books world alarmed by Pearson's sale of stake in Penguin Random House

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[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Penguin Random House hold 'positive' meeting to resolve union row

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[ The Guardian | 2016-12-21 00:00:00 UTC ]
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Redundancy fears as Penguin Random House derecognises staff unions

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[ The Guardian | 2016-12-16 00:00:00 UTC ]
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YouTube stars the Sidemen are frontrunners in race for Christmas books No 1

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[ The Guardian | 2016-10-26 00:00:00 UTC ]
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[ The Bookseller | 2016-10-17 00:00:00 UTC ]
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Cornerstone 'delighted' by E L James reveal

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[ The Guardian | 2016-09-10 00:00:00 UTC ]
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Global publisher rankings show big groups getting bigger

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[ The Bookseller | 2016-08-31 00:00:00 UTC ]
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