Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade publishing group if the "financial terms are fair". Continue reading at 'The Bookseller'
[ The Bookseller | 2017-01-18 00:00:00 UTC ]
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21st Century Fox has bought a 5 per cent stake in Vice Media, the digital media company that evolved from Vice magazine, in a deal which values it at $1.4 billion (£895 million). Continue reading at Media Week
[ Media Week | 2013-08-19 00:00:00 UTC ]
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Pearson is to become a key minority shareholder in English language learning platform Voxy. New... Continue reading at The Bookseller
[ The Bookseller | 2013-08-02 00:00:00 UTC ]
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#pearson invests
Penguin UK achieved double-digit growth with Waterstones in the first six months of 2013, ahead... Continue reading at The Bookseller
[ The Bookseller | 2013-07-29 00:00:00 UTC ]
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In reporting its last results as an independent publisher, Penguin Group posted a 16% gain in sales, to 513 million pounds, and a 27% rise in adjusted operating profit to 28 million pounds. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-07-26 00:00:00 UTC ]
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After the European Commission accepted offers from Apple and four publishers to free up ebook pricing restrictions in December 2012, it's now accepted Penguin's commitment to do the same. Much like Penguin's vow to the US DOJ, it will end its agency agreements with Apple and other retailers, and... Continue reading at Engadget
[ Engadget | 2013-07-25 00:00:00 UTC ]
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Google is getting into the textbook business by selling and renting materials from the top five education publishers in the US. The new service will launch August 8. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-07-25 00:00:00 UTC ]
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Penguin Modern Classics is reissuing James Jones’ From Here to Eternity to coincide with a... Continue reading at The Bookseller
[ The Bookseller | 2013-07-22 00:00:00 UTC ]
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Pearson Australia has announced up to 75 potential redundancies as it looks to make changes... Continue reading at The Bookseller
[ The Bookseller | 2013-07-16 00:00:00 UTC ]
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The Times of India reports that Penguin Random House is demanding that Vikram Seth return his $1.7 million advance for failure to meet his submission deadline. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-07-11 00:00:00 UTC ]
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B-to-b publisher and professional services provider The Dolan Company has announced agreements to sell off two of its legal services businesses to affiliate groups. Continue reading at Folio Magazine
[ Folio Magazine | 2013-07-10 00:00:00 UTC ]
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Penguin (South Africa) has won four novels by Karin Brynard at auction in a "significant... Continue reading at The Bookseller
[ The Bookseller | 2013-07-05 00:00:00 UTC ]
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Hay House is set to publish a debut fantasy novel snapped up in a Writers' Workshop... Continue reading at The Bookseller
[ The Bookseller | 2013-06-27 00:00:00 UTC ]
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Penguin has secured deals in 25 languages for Sally Green's YA debut Half Bad within 13 weeks... Continue reading at The Bookseller
[ The Bookseller | 2013-06-27 00:00:00 UTC ]
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Penguin has urged a US court to dismiss a case brought against it and its self-publishing arm... Continue reading at The Bookseller
[ The Bookseller | 2013-06-25 00:00:00 UTC ]
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The parent company of science, business and media publisher Springer has sold its majority stake... Continue reading at The Bookseller
[ The Bookseller | 2013-06-19 00:00:00 UTC ]
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Through First to Read, members will have the chance to get advance reading copies of Penguin Books before they are published. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-19 00:00:00 UTC ]
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Quercus has brought home and export sales in-house, after eight years with the... Continue reading at The Bookseller
[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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Penguin Children’s is planning to build on audiobook sales growth, as it launches a new... Continue reading at The Bookseller
[ The Bookseller | 2013-06-17 00:00:00 UTC ]
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As ebook sales continue to climb, so too does the number of companies retailing ebooks and developing applications that can read them regardless of platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-06-14 00:00:00 UTC ]
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Penguin is phasing out its Popular Classics series and adjusting the price on the competing... Continue reading at The Bookseller
[ The Bookseller | 2013-06-14 00:00:00 UTC ]
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