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 ]
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After the College of Charleston assigned the graphic memoir 'Fun Home' as summer reading, members of the South Carolina House of Representatives voted to cut funding to the school. The budget will be decided on by the general assembly in March. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-03-01 00:00:00 UTC ]
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Demonstrators will descend on Amazon’s headquarters in London later today (28th February)... Continue reading at The Bookseller
[ The Bookseller | 2014-02-27 00:00:00 UTC ]
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Penguin Canada will follow Random House of Canada's lead in contracting out foreign rights sales to the Cooke Agency International. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
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Apple had no knowledge that publishers were engaged in a conspiracy in December 2009 or at any other point, the company said in its appeal against a district court ruling which found Apple and five major U.S. publishers had conspired to fix ebook prices.The district court’s findings show that... Continue reading at PC World
[ PC World | 2014-02-26 00:00:00 UTC ]
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Amazon started as an online bookseller and transformed the entire publishing industry. Now it's assembling the pieces it needs to do the same to an even bigger medium: television. Continue reading at Wired
[ Wired | 2014-02-24 00:00:00 UTC ]
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Online retailer will fold film and TV rental arm into its Prime subscription service for combined price of £79 a yearAmazon is hitting back at Netflix in the UK by rebranding its LoveFilm video-on-demand service.LoveFilm, bought out by Amazon three years ago in a deal worth nearly £200m, will be... Continue reading at The Guardian
[ The Guardian | 2014-02-21 00:00:00 UTC ]
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Melville House has signed a memoir from Jón Gnarr, the absurdist comedian who founded a... Continue reading at The Bookseller
[ The Bookseller | 2014-02-21 00:00:00 UTC ]
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Authors demand their own books are taken out of circulation in India after Wendy Doniger's The Hindus was pulled last weekTwo authors have written to Penguin demanding that their books be pulped in protest at the publisher's removal of Wendy Doniger's The Hindus from circulation in India, while... Continue reading at The Guardian
[ The Guardian | 2014-02-19 00:00:00 UTC ]
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One week after news broke that Penguin Books India had recalled and destroyed Wendy Doniger’s "The Hindus" the negative fall out continues. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-19 00:00:00 UTC ]
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Amazon customers in the UK, US and Germany can now use its Amazon Coins currency on Android... Continue reading at The Bookseller
[ The Bookseller | 2014-02-19 00:00:00 UTC ]
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Facebook has to comply with German data protection law, the Higher Court of Berlin ruled in a decision that directly contradicted an earlier decision by another court.The Berlin court confirmed a 2012 verdict that found that Facebook’s Friend Finder violated German law because it was unclear to... Continue reading at PC World
[ PC World | 2014-02-18 00:00:00 UTC ]
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Penguin Books India agreed to withdraw the book from circulation in India as well as destroy every copy of the book. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-02-18 00:00:00 UTC ]
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Gone are the days when, if you wanted to read a book in bed, you'd need to take a torch with you. Nowadays, as long as you've got a Kindle Paperwhite, the books will happily illuminate themselves. The device's even front-lighting and engineering... Continue reading at Engadget
[ Engadget | 2014-02-17 00:00:00 UTC ]
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Publisher says it was forced to withdraw Wendy Doniger's book The Hindus because of law threatening jail for insults to religionPenguin India has said "intolerant and restrictive" Indian laws forced it to remove a book from sale after it tried to defend an American author's religious history... Continue reading at The Guardian
[ The Guardian | 2014-02-14 00:00:00 UTC ]
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Novelist Arundhati Roy leads chorus of protest after publisher settles lawsuit brought by militant groupConservative activists in India have pledged to continue their campaign to purge bookshelves and schools of works they say are abusive to Hinduism, as a fierce row over a 700-page academic... Continue reading at The Guardian
[ The Guardian | 2014-02-14 00:00:00 UTC ]
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Penguin Books India has recalled American Indoligist Wendy Doniger’s book The Hindus: An Alternative History, sparking a debate about publishing freedoms. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-13 00:00:00 UTC ]
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Sourcebooks has acquired U.S. rights to the 1989 political thriller novel "House of Cards" by Michael Dobbs as well as two sequels. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-13 00:00:00 UTC ]
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Major writers including Arundhati Roy and Neil Gaiman condemn 'egregious' suppression of Wendy Doniger's book under pressure from Hindu nationalistsMajor authors from Arundhati Roy to William Dalrymple and Neil Gaiman have condemned Penguin's controversial removal of Wendy Doniger's book The... Continue reading at The Guardian
[ The Guardian | 2014-02-13 00:00:00 UTC ]
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The web giant's books imprint flexes its muscles after scoring an ebook No 1, but the little guy may yet win the dayA good month for Amazon's fledgling publishing business – the imaginatively-titled Amazon Publishing – just got better, after the imprint won the rights to Cath Quinn's historical... Continue reading at The Guardian
[ The Guardian | 2014-02-13 00:00:00 UTC ]
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Publishing chief discusses how the rise of the ebook has affected the industry, the value of a good cover design and why there is no glass ceiling in the sectorTell us a bit about your role at Penguin and how you got there.I am the managing director of Penguin General Books, which is one of... Continue reading at The Guardian
[ The Guardian | 2014-02-12 00:00:00 UTC ]
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