Pearson to sell its stake in Penguin Random House

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 ]
News tagged with: #47% stake #financial terms

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Penguin buys into self-publishing

The parent company of Penguin Books, Pearson, has bought one of the biggest self-publishing companies, Author Solutions Inc (ASI). Continue reading at BBC News

[ BBC News | 2012-07-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #author solutions #penguin books #penguin buys

Media Decoder Blog: Penguin Acquires Self-Publishing Company

The publisher has bought a Bloomington, Ind.-based company called Author Solutions, which so far has attracted 150,000 authors releasing their own books. Continue reading at The New York Times

[ The New York Times | 2012-07-19 00:00:00 UTC ]
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SnapMeUp to sell business ebooks via QR codes

Bookshops are being offered 40% commission on the sale of books simply by hanging a poster in... Continue reading at The Bookseller

[ The Bookseller | 2012-07-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #qr codes

Fifty Shades could sell 10m, sales curve shows

Random House has reprinted its record-busting Fifty Shades trilogy a further three times... Continue reading at The Bookseller

[ The Bookseller | 2012-07-06 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #random house #fifty shades

Random goes overseas to keep Shades in stock

Random House is printing extra stock of Fifty Shades of Grey in Germany to help keep bookshelves... Continue reading at The Bookseller

[ The Bookseller | 2012-06-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #fifty shades #random house

Australian Billionaire Threatens to Dump Fairfax Media Stake

HONG KONG &mdash; The Australian mining billionaire Georgina Rinehart has threatened to sell her recently acquired 19 percent stake in Fairfax Media, sending shares in the Australian publisher tumbling on Tuesday. The announcement is the latest ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-06-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #fairfax media

E-book price fixing trial set for 2013: Apple, Macmillan and Penguin prepare for courtroom brawl

The Justice Department meant business when it accused Apple and five other publishers of price-rigging ebooks, and are officially taking Cupertino and two publishers to court. In a hearing on Friday, Judge Denise Cote set a bench trial for June 3, 2012, putting Apple, Macmillan and Penguin Group... Continue reading at Engadget

[ Engadget | 2012-06-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #justice department #agency pricing #penguin group #accused apple

Penguin slinks back into ebook lending for New York City libraries, with a possible catch

You might say Penguin has had a rocky relationship with libraries. That looks to be on the tentative mend, as the publisher and 3M have together cut deals with the Brooklyn Public Library and New York Public Library to bring Penguin's ebook catalog back as part of a test program. Under the terms... Continue reading at Engadget

[ Engadget | 2012-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #cut deals #rocky relationship #ebook lending #book publisher

Penguin buys new Dave Eggers

Penguin has acquired the first novel in six years from US author Dave Eggers. Hamish Hamilton... Continue reading at The Bookseller

[ The Bookseller | 2012-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #hamish hamilton #dave eggers #penguin buys

Penguin returns its ebooks to New York libraries

After yanking their ebook titles from libraries last year, Penguin is launching an ebook pilot program for libraries in New York. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-06-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook titles

Media Decoder Blog: From Penguin, a Plan to Make Its E-Books Available in New York City Libraries

The publisher, in conjunction with city libraries and 3M, will make its books available in e-format, though they will not be available immediately after release. Continue reading at The New York Times

[ The New York Times | 2012-06-21 00:00:00 UTC ]
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Penguin Children's UK acquires tween brand

Penguin Children's UK has acquired intellectual property rights in a new 7+ tween brand, and... Continue reading at The Bookseller

[ The Bookseller | 2012-06-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #penguin children

Shares of Lee Enterprises Surge After Buffett Buys Stake

Berkshire Hathaway has made the latest of its string of investments in newspaper publishers. Continue reading at The New York Times

[ The New York Times | 2012-06-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #newspaper publishers #berkshire hathaway

Carly Simon sells long-awaited memoir

Carly Simon, the singer and songwriter who has had a rocky life and a storied career, has sold her autobiography to Random House for a sum in the seven figures, according to a person familiar with the deal. Ms. Simon, the author of several children's books, is writing the memoir herself. It's... Continue reading at Crains New York

[ Crains New York | 2012-06-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #late 1990s #breast cancer #james taylor #mick jagger

Amazon 'predatory', Penguin tells DoJ

Penguin and Macmillan have hit back at US government claims that they colluded to fix the price... Continue reading at The Bookseller

[ The Bookseller | 2012-05-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #government claims #hit back

Penguin and Macmillan Deny e-Book Price Fixing

In response to a Justice Department lawsuit, the two book publishers denied any price fixing for ebooks and accuse Amazon of engaging in anticompetitive behavior. Continue reading at The New York Times

[ The New York Times | 2012-05-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #price fixing

Pearson buys GlobalEnglish

International education publisher Pearson has acquired Business English language learning... Continue reading at The Bookseller

[ The Bookseller | 2012-05-25 00:00:00 UTC ]
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UK bookseller Waterstones to start selling Kindles

The UK's biggest bookstore chain has announced that it will start selling Kindles alongside other digital services from Amazon. Waterstones stores will let Kindle owners digitally browse books in-store and link up with special offers, tying into the chain's plans for substantial renovations that... Continue reading at Engadget

[ Engadget | 2012-05-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #kindle sales #opposite direction #special offers #waterstones stores #digital services