Penguin Random House aims to bookend Amazon's rule

Almost overnight, the New York book publishing landscape got a lot smaller—or bigger, if you happen to work for Random House or Penguin, which last week became the publishing industry behemoth Penguin Random House. With more than 10,000 employees, the new global publisher will control 25% of the market for general-interest books, putting out more than 15,000 titles—from Dan Brown's thrillers to Khaled Hosseini's best-sellers—from nearly 250 imprints and houses.Random House parent Bertelsmann, the German media giant, holds 53% of the new company, while Penguin's London-based parent, Pearson, maintains 47%. For the foreseeable future, Random House will stay put in midtown and Penguin will continue operating down on Hudson Street.The move to consolidate comes as publishers look for more bargaining power with Amazon, which dominates retailing while competing as a publisher. The New York houses are also looking for efficiencies in their two businesses—physical books, which require warehousing, and ebooks, which demand innovation.The Penguin Random merger was completed just days after Hachette Book Group announced its purchase of Disney's Hyperion, an essentially defunct adult general-interest imprint. Hachette gets a catalog of 1,000 titles and 25 yet-to-be published books, Disney can focus on children's books and television-related franchise titles, and Hyperion becomes a Hachette imprint. Continue reading at 'Crains New York'

[ Crains New York | 2013-07-07 00:00:00 UTC ]

Other news stories related to: "Penguin Random House aims to bookend Amazon's rule"


Two Authors, One Subject: Zoë Eisenberg and Rhaina Cohen on Writing Intimate Friendships

Novelist Zoë Eisenberg and journalist-turned-author Rhaina Cohen have something in common: they both published books about extraordinarily intimate friendships. Their debut books published in February of this year with strikingly similar titles—Significant Others (Eisenberg) and The Other... Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-12 08:55:38 UTC ]
More news stories like this


Microsoft buys Activision, maker of Diablo, Warcraft, and Call of Duty, for $69 billion

United Kingdom regulators were effectively the last hurdle stopping Microsoft from purchasing Activision Blizzard, in the biggest merger the video game industry has ever seen. That hurdle was cleared this morning as the UK’s Competition and Markets Authority relented to adjusted terms.... Continue reading at PC World

[ PC World | 2023-10-13 14:10:14 UTC ]
More news stories like this


Nintendo officially halts all eShop sales in Russia

Last year, Nintendo put its eShop in "maintenance mode" in Russia, which prevented access to the eShop for customers in the country. Now, the company is making it official: Nintendo is halting all sales in Russia.Nintendo of Europe announced that as of May 31st, 2023, the company will halt all... Continue reading at Engadget

[ Engadget | 2023-06-01 20:45:48 UTC ]
More news stories like this


Dana Canedy to Step Down at Simon & Schuster

On July 27, exactly two years to the date since she took over S&S's flagship imprint, Dana Canedy will step down from her position as senior v-p and publisher. Her predecessor, S&S president and CEO Jonathan Karp, will lead the imprint "for the foreseeable future." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-19 04:00:00 UTC ]
More news stories like this


The education revolution

With schools closed for the foreseeable future, and the nation having to adapt quickly to home education, parents are getting to grips with juggling their new home tutor roles - as well as managing their own workloads and coping with the day to day pressures of looking after families during this... Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 18:45:49 UTC ]
More news stories like this


Pan Macmillan to close office in response to coronavirus

Pan Macmillan has announced it is closing its offices from close of play this Thursday (19th March), "until further notice", and has asked everyone at the company to work from home "for the foreseeable future".  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 01:55:46 UTC ]
More news stories like this


Less ado: Boris Johnson's Shakespeare book delayed for 'foreseeable future'

The incoming prime minister’s Shakespeare: The Riddle of Genius was scheduled for October 2016, but has been pushed back multiple timesThe riddle of Shakespeare’s genius must remain unsolved, for now at least, after Boris Johnson’s publisher said on Wednesday morning that the new prime... Continue reading at The Guardian

[ The Guardian | 2019-07-24 13:09:42 UTC ]
More news stories like this


Boris Johnson Shakespeare book shelved 'for foreseeable future' after leadership win

Hodder and Stoughton has shelved plans to publish Boris Johnson’s long-delayed book on Shakespeare “for the foreseeable future” after he was announced as the next Prime Minister.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-23 01:30:30 UTC ]
More news stories like this


Moby cancels book tour amid Natalie Portman backlash

Bad news, Moby fans: The book tour is off. On his website, the electronic musician announced he was canceling all upcoming appearances. “Moby is canceling all upcoming public appearances for the foreseeable future,” the statement reads. “We apologise for any inconvenience this may cause. All... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-29 21:50:00 UTC ]
More news stories like this


Hearst’s Michael Clinton to Retire After 21 Years

Longtime Hearst exec Michael Clinton is retiring after 21 years with the company and a total of 41 years in the magazine publishing industry. Clinton has served as the president of marketing and publishing director of Hearst Magazines for the past nine years, and currently serves on the... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-14 00:00:00 UTC ]
More news stories like this


Literary agent ordered to pay $500,000 to Australian author Kate Morton after lawsuit loss

Selwa Anthony had sued the bestselling writer, claiming she was entitled to 15% commission on all royalties Internationally bestselling Australian author Kate Morton has fended off a lawsuit by her former literary agent, who instead has to pay the writer more than $500,000.Selwa Anthony sued... Continue reading at The Guardian

[ The Guardian | 2018-12-10 00:00:00 UTC ]
More news stories like this


Curious George Store to Stay Put in Harvard Square

The World’s Only Curious George Store will be included in the redevelopment of its current Cambridge, Mass. location, and will not have to move. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-05 00:00:00 UTC ]
More news stories like this


Jeremy Mulford obituary

My friend Jeremy Mulford, who has died aged 79, was a poet, publisher and editor who founded Falling Wall Press in the early 1970s as a way of disseminating radical pamphlets on education and the women’s movement by authors such as Harold Rosen and Sheila Rowbotham.As the venture thrived he also... Continue reading at The Guardian

[ The Guardian | 2017-05-21 00:00:00 UTC ]
More news stories like this


Canadian Authors, Artists Collaborate To Honor Chanie Wenjack

The First Nations boy died at age 12 in 1966 after running away from a school where he was being abused. Now two authors have published books about Wenjack in collaboration with musicians, artists, and filmmakers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-11 00:00:00 UTC ]
More news stories like this


Hodder confirms Boris Johnson book delay

Hodder & Stoughton has confirmed Boris Johnson's biography "will not be published for the foreseeable future".  Shakespeare: The Riddle of Genius had been slated for publication in October, coinciding with the 400th anniversary of Shakespeare's death, but, according to the Daily Mail,... Continue reading at The Bookseller

[ The Bookseller | 2016-07-19 00:00:00 UTC ]
More news stories like this


Fulcrum Publishing Adds Nonfiction Graphic Novels

Fulcrum has plans to publish at least three nonfiction graphic novels a year for the foreseeable future, marketing not only to the general trade but also to comics specialty shops, libraries, and especially, schools. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
More news stories like this


Blackman to curate YA love story anthology

Random House Children’s Publishers (RHCP) will next year publish a collection of YA love stories edited by children’s laureate Malorie Blackman.  Love Hurts is a mixture of new stories and extracts from published books. Contributing authors include Melvin Burgess, James Dawson, Laura Dockrill,... Continue reading at The Bookseller

[ The Bookseller | 2014-10-18 00:00:00 UTC ]
More news stories like this


Evernote turns your prose into published books

Looking to get that novel you've been plugging away at in your "spare time" published with ease? Well, Evernote now offers an option for doing just that, thanks to a partnership with FastPencil. The note-taking and productivity repository allows you... Continue reading at Engadget

[ Engadget | 2014-07-30 00:00:00 UTC ]
More news stories like this


Nerd Machine Brings Nerd HQ to San Diego

Not all the action in San Diego is taking place in the city's convention center. Just a short walk away at Petco Park, Nerd Machine is hosting Nerd HQ, a free extravaganza that's also a hotbed for experiential marketing. Though the organization works in partnership with San Diego Comic Con, it... Continue reading at AdWeek

[ AdWeek | 2014-07-26 00:00:00 UTC ]
More news stories like this


Daniel Handler (also known as Lemony Snicket) will host the National Book Awards

According to the National Book Foundation, the writer will be the first master of ceremonies to have published books in both the children's and adult fiction categories. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-06-27 00:00:00 UTC ]
More news stories like this