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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Hodder & Stoughton has acquired fantasy thriller Angelfall by Susan Ee, a novel originally... Continue reading at The Bookseller
[ The Bookseller | 2013-04-12 00:00:00 UTC ]
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West Wales-based publisher Y Lofla has attacked Amazon over the unavailability of Welsh-language... Continue reading at The Bookseller
[ The Bookseller | 2013-04-11 00:00:00 UTC ]
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Line, the popular messaging platform based in Japan, is challenging ebook vendors like Amazon and Rakuten with a new service to download and view manga, or Japanese comic books. The company has launched "Line Manga," a mobile app for Android and iOS phones. Line's initial offering consists of... Continue reading at PC World
[ PC World | 2013-04-10 00:00:00 UTC ]
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Penguin is teaming up with film production company Amber Entertainment to produce a book and film... Continue reading at The Bookseller
[ The Bookseller | 2013-04-09 00:00:00 UTC ]
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Slicebooks offers tools for producing re-mixable ebooks. But the implications of this go far beyond generating more sales, explains co-founder Jill Tomich. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-04-05 00:00:00 UTC ]
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A new report on the ebook market in 2012 shows the continuing dominance of fiction, with fiction... Continue reading at The Bookseller
[ The Bookseller | 2013-04-04 00:00:00 UTC ]
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Jimmy Choo founder Tamara Mellon is writing a memoir, to be published by Portfolio Penguin in... Continue reading at The Bookseller
[ The Bookseller | 2013-04-04 00:00:00 UTC ]
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Amazon and six US publishers have asked a US court to dismiss a lawsuit by three American... Continue reading at The Bookseller
[ The Bookseller | 2013-04-03 00:00:00 UTC ]
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It's kind of a natural for a company that, despite its many other ventures, still makes a lot of its money selling books. Continue reading at AllThingsD
[ AllThingsD | 2013-03-29 00:00:00 UTC ]
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Amazon continues to socialize itself. The e-commerce giant announced today that it has acquired bibliophilic social platform Goodreads. “Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world. In addition, both Amazon... Continue reading at AdWeek
[ AdWeek | 2013-03-29 00:00:00 UTC ]
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Random House enjoyed a record year in 2012, with worldwide sales up 23% and profits up by 76%. In... Continue reading at The Bookseller
[ The Bookseller | 2013-03-26 00:00:00 UTC ]
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Australian-born novelist Monica McInerney has signed a global publishing deal with Penguin for... Continue reading at The Bookseller
[ The Bookseller | 2013-03-25 00:00:00 UTC ]
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US independent publisher Melville House is to open a London office with the aim of forming a... Continue reading at The Bookseller
[ The Bookseller | 2013-03-21 00:00:00 UTC ]
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Random House Business Books has acquired a second volume of memoirs by “Dragons’ Den... Continue reading at The Bookseller
[ The Bookseller | 2013-03-20 00:00:00 UTC ]
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Amazon's Little A imprint will release novels, memoirs, and story collections, while Day One will focus on short stories and new writers. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-03-19 00:00:00 UTC ]
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A L Kennedy's The Blue Book and Jake Arnott's The House of Rumour are to be the first... Continue reading at The Bookseller
[ The Bookseller | 2013-03-18 00:00:00 UTC ]
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LONDON: 14 March 2013: Today the Financial Times and Penguin publish Lunch with the FT: 52Classic Interviews in hardback and eBook format. The book, edited by FT editor Lionel Barber, with a foreword by CEO John Ridding, read ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-03-14 00:00:00 UTC ]
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UK bookstores are experimenting with exclusive chapters and other offers to lure customers into stores and away from online shopping at Amazon, but some doubt its efficacy. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-03-13 00:00:00 UTC ]
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The Telegraph has claimed niche authors are being unfairly hit by Amazon’s self-publishing... Continue reading at The Bookseller
[ The Bookseller | 2013-03-11 00:00:00 UTC ]
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Amazon, the biggest bookseller in America, is also famously one of the most tight-lipped. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-03-10 00:00:00 UTC ]
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