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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Random House has announced plans for the creation of a digital one-stop shop to aid the... Continue reading at The Bookseller
[ The Bookseller | 2012-07-23 00:00:00 UTC ]
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Penguin has announced UK trade sales of 50,000 paperbacks of Sylvia Day's Bared to You,... Continue reading at The Bookseller
[ The Bookseller | 2012-07-23 00:00:00 UTC ]
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News updates all day from Fast Company.Amazon is getting ready to introduce new tablets, Staples' president of U.S. retail, Demos Parneros, told Reuters Monday.Parneros said the online retailer will introduce five or six new tablet SKUs, or stock-keeping units, including those for a 10-inch... Continue reading at Fast Company
[ Fast Company | 2012-07-23 00:00:00 UTC ]
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Penguin Children’s will continue what it describes as its transition from traditional... Continue reading at The Bookseller
[ The Bookseller | 2012-07-23 00:00:00 UTC ]
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The parent company of Penguin Books, Pearson, has bought one of the biggest self-publishing companies, Author Solutions Inc (ASI). Continue reading at BBC News
[ BBC News | 2012-07-20 00:00:00 UTC ]
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Pearson has acquired self-publishing company Author Solutions Inc for $116m (£74m) in cash... Continue reading at The Bookseller
[ The Bookseller | 2012-07-19 00:00:00 UTC ]
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The publisher has bought a Bloomington, Ind.-based company called Author Solutions, which so far has attracted 150,000 authors releasing their own books. Continue reading at The New York Times
[ The New York Times | 2012-07-19 00:00:00 UTC ]
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Random House is printing extra stock of Fifty Shades of Grey in Germany to help keep bookshelves... Continue reading at The Bookseller
[ The Bookseller | 2012-06-29 00:00:00 UTC ]
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Amazon has partnered with Co-operative Food to install collection-lockers in some of its stores... Continue reading at The Bookseller
[ The Bookseller | 2012-06-28 00:00:00 UTC ]
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Penguin, Macmillan and Apple must wait just under a year for the ruling on the ebook price... Continue reading at The Bookseller
[ The Bookseller | 2012-06-25 00:00:00 UTC ]
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The Justice Department meant business when it accused Apple and five other publishers of price-rigging ebooks, and are officially taking Cupertino and two publishers to court. In a hearing on Friday, Judge Denise Cote set a bench trial for June 3, 2012, putting Apple, Macmillan and Penguin Group... Continue reading at Engadget
[ Engadget | 2012-06-23 00:00:00 UTC ]
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It didn't land in the Marketplace yesterday as announced, but Amazon's Audible audio book app for Windows Phone 7.5 is now available for download. This Metro-fied version of the app is free to install (including some short samples to get you started), and signing in with your Amazon account lets... Continue reading at Engadget
[ Engadget | 2012-06-22 00:00:00 UTC ]
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You might say Penguin has had a rocky relationship with libraries. That looks to be on the tentative mend, as the publisher and 3M have together cut deals with the Brooklyn Public Library and New York Public Library to bring Penguin's ebook catalog back as part of a test program. Under the terms... Continue reading at Engadget
[ Engadget | 2012-06-22 00:00:00 UTC ]
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Penguin has acquired the first novel in six years from US author Dave Eggers. Hamish Hamilton... Continue reading at The Bookseller
[ The Bookseller | 2012-06-22 00:00:00 UTC ]
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The publisher, in conjunction with city libraries and 3M, will make its books available in e-format, though they will not be available immediately after release. Continue reading at The New York Times
[ The New York Times | 2012-06-21 00:00:00 UTC ]
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After yanking their ebook titles from libraries last year, Penguin is launching an ebook pilot program for libraries in New York. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-06-21 00:00:00 UTC ]
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After Rodney King's unexpected death this weekend at the age of 47, his recent book began climbing the charts. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-06-19 00:00:00 UTC ]
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All seven Harry Potter books are now available in the Kindle Owners' Lending Library, marking the series' first availability outside the Pottermore store. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-06-19 00:00:00 UTC ]
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Fancy dipping back into the world of Quidditch and Dumbledore? Or maybe you shunned the whole Pottermania thing until now. Either way, if you own a Kindle, you can finally get up to speed without paying a spellbinding price -- thanks to Amazon's Kindle Owners Lending Library. All seven eBook... Continue reading at Engadget
[ Engadget | 2012-06-19 00:00:00 UTC ]
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Today Amazon announced that it's improving the code behind its Kindle app for iOS and Android to allow support for graphic novels and children's illustrated comics. The iOS app is also being polished to alow better searches of your library of downloaded titles and to better fit the iPad's... Continue reading at Fast Company
[ Fast Company | 2012-06-15 00:00:00 UTC ]
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