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 ]
News tagged with: #foreseeable future #stay put #published books

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[ Editor & Publisher | 2013-09-18 00:00:00 UTC ]
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Trade caution over Man Booker rule changes

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[ The Bookseller | 2013-09-17 00:00:00 UTC ]
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Man Booker to announce rule changes this week

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[ The Bookseller | 2013-09-16 00:00:00 UTC ]
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Amazon once again gets exclusive streaming rights for Under the Dome

Many of novelist Stephen King's books and short stories have found their way to the screen either through a movie or mini-series. Some, like The Shining, have become classics in the eyes of fans, while others...well... This season a King novel has returned the author to prominence on the small... Continue reading at Betanews

[ Betanews | 2013-09-13 00:00:00 UTC ]
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Amazon has '79% of ebook market in UK'

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[ The Bookseller | 2013-09-12 00:00:00 UTC ]
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Man Booker discusses prize entry rules

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[ The Bookseller | 2013-09-09 00:00:00 UTC ]
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Oyster, a Netflix for ebooks, is promising to rival Apple, Amazon

Netflix did it with movies. Spotify did it with music. And now a New York start-up hopes to do the same with ebooks.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-09-06 00:00:00 UTC ]
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Judge requires antitrust monitor as part of Apple ebook ruling

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[ Los Angeles Times | 2013-09-06 00:00:00 UTC ]
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Amazon's Kindle MatchBook will let consumers buy print and ebook versions together

The new program, which is scheduled to launch in October, would let Amazon users buy a discounted ebook for qualifying titles if they bought the print version as well. But many publishers have yet to come aboard. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-09-05 00:00:00 UTC ]
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Amazon bundles print and ebooks

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[ BBC World | 2013-09-04 00:00:00 UTC ]
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Amazon Launches Kindle Reader With Goodreads Integration

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[ Fast Company | 2013-09-04 00:00:00 UTC ]
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Amazon lights a Matchbook

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[ Betanews | 2013-09-04 00:00:00 UTC ]
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Amazon unveils MatchBook; service isn't money saver for ebook buyers

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[ Los Angeles Times | 2013-09-04 00:00:00 UTC ]
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Amazon's Kindle MatchBook turns past print purchases into low-cost ebooks

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[ PC World | 2013-09-03 00:00:00 UTC ]
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Amazon's New Offer: Discounted Kindle Versions of Print Books You've Already Bought

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[ AllThingsD | 2013-09-03 00:00:00 UTC ]
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Amazon launches Kindle Matchbook: discounted ebooks for those who own the hard copy

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[ Engadget | 2013-09-03 00:00:00 UTC ]
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[ Fast Company | 2013-09-03 00:00:00 UTC ]
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[ Engadget | 2013-09-03 00:00:00 UTC ]
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Amazon US offers ebook/print bundling

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[ The Bookseller | 2013-09-03 00:00:00 UTC ]
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Ka-ching! Amazon explains benefits from ebook price-fixing settlement

The direct results of the ebook price fixing scandal between Apple and the five major U.S. book publishers are one-step closer to turning into real money for millions of Amazon customers. The online retailer recently began sending out e-mail notifications to Kindle ebook buyers telling... Continue reading at PC World

[ PC World | 2013-09-02 00:00:00 UTC ]
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