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

Other news stories related to: "Pearson to sell its stake in Penguin Random House"

Pearson acquires Certiport

Pearson has acquired professional testing company Certiport, paying $140m in cash for the US... Continue reading at The Bookseller

[ The Bookseller | 2012-05-16 00:00:00 UTC ]
More news stories like this |

Penguin apologises for Nick Robinson error

Penguin has apologised to the BBC’s political editor Nick Robinson after it wrongly printed... Continue reading at The Bookseller

[ The Bookseller | 2012-05-08 00:00:00 UTC ]
More news stories like this |

Pottermore ebook store sells '£3m in first month'

The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller

[ The Bookseller | 2012-05-04 00:00:00 UTC ]
More news stories like this |

Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nook e-reader #barnes noble

Pearson Sales Rise But Sees Lower Half-Year Profit

LONDON (Dow Jones)--Pearson PLC (PSON.LN), the publisher of the Financial Times newspaper and Penguin books, Friday produced a healthy rise in first-quarter revenue, but warned profit will be down in the first half of 2012 due to seasonal effects an ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-04-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #first-quarter revenue #penguin books

First quarter sales up 11% at Pearson

Pearson increased sales by 11% to £1.16bn in the first three months of 2012, it announced... Continue reading at The Bookseller

[ The Bookseller | 2012-04-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #quarter sales

John Green deal for Penguin

Penguin Children’s has acquired UK and Commonwealth rights from Penguin US division Dutton... Continue reading at The Bookseller

[ The Bookseller | 2012-04-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #acquired uk #penguin children

Fidler promoted at Penguin

Penguin adult sales director Naomi Fidler has been promoted to the role of UK sales director,... Continue reading at The Bookseller

[ The Bookseller | 2012-04-20 00:00:00 UTC ]
More news stories like this |

New Safran Foer to Penguin

Penguin has acquired the new novel by Jonathan Safran Foer, called Escape From Children's... Continue reading at The Bookseller

[ The Bookseller | 2012-04-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #safran foer

'Fifty Shades of Grey' by E.L. James is selling books (and more)

'Fifty Shades of Grey' by E.L. James and sequels are an ebook and paperback phenomenon that is also causing a sales spike in sex shops. How did it all happen?The staff of the Pleasure Chest, a high-end West Hollywood sex shop, were first tipped to the "Fifty Shades of Grey" phenomenon by their... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #west hollywood #young woman #selling books #fifty shades

Hachette Livre sells its ebook distribution platform

Hachette Livre has sold its ebook distribution platform Numilog to its founder and c.e.o. Denis... Continue reading at The Bookseller

[ The Bookseller | 2012-04-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #hachette livre

Apple and four publishers seek EC deal; Penguin does not

Five of the companies under investigation in Europe over ebook pricing have made representations... Continue reading at The Bookseller

[ The Bookseller | 2012-04-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook pricing

Penguin c.e.o Makinson to DoJ 'see you in court'

Penguin chief executive John Makinson has said the Department of Justice's document alleging... Continue reading at The Bookseller

[ The Bookseller | 2012-04-12 00:00:00 UTC ]
More news stories like this |

Earnings, Margins Rise at Random

Although worldwide sales at Random House fell 4.3% in 2011, the company posted its highest earnings and operating margins in at least five years. EBIT (earnings before interest and taxes) rose 6.9%, to 185 million euros, with an operating margin of 10.6%, a full percentage point higher than... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #foreign exchange #negative impact #cost cutting #operating margin #operating margins #company posted #print sales

J.K. Rowling's Website Starts Selling Harry Potter E-Books

It didn't take a Hogwarts magician to know this day would eventually come. The bookstore feature of J.K. Rowling's Pottermore website went live Tuesday, enabling English-language readers to buy the digital editions of all seven Harry Potter novels—and the audiobook editions—from anywhere in the... Continue reading at AllThingsD

[ AllThingsD | 2012-03-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #pottermore website #digital editions

Drop in executive pay at Pearson

Pearson chief executive Marjorie Scardino earned almost £2.5m in 2011, down on £2.... Continue reading at The Bookseller

[ The Bookseller | 2012-03-26 00:00:00 UTC ]
More news stories like this |

Penguin buffs brand to retain readers

Penguin is to sell physical books direct to consumers through pop-up shops as part of a plan to... Continue reading at The Bookseller

[ The Bookseller | 2012-03-23 00:00:00 UTC ]
More news stories like this |

Book review: 'House of Stone' by Anthony Shadid

Late New York Times journalist Anthony Shadid writes about insights gained rebuilding the war-ravaged home of his great grandfather in Lebanon in 'House of Stone.'A yearning for home, wherever that may be, is one of many themes that the late New York Times journalist Anthony Shadid so deftly... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-03-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #anthony shadid #book review