Penguin Random House is buying Simon & Schuster. That’s bad for readers.

For book lovers, the announcement may feel like background noise, but the ramifications are huge. Continue reading at 'The Washington Post'

[ The Washington Post | 2020-11-25 12:57:10 UTC ]
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Other news stories related to: "Penguin Random House is buying Simon & Schuster. That’s bad for readers."


Sales, Earnings Rose at Penguin Random House in the First Half of 2024

A good performance by PRH US, higher audiobook sales, and contributions from recently acquired companies led to a 13% increase in profits on an 8.5% sales gain at the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-28 04:00:00 UTC ]
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Penguin Random House Opens Its Audio Narrator Mentorship

The Penguin Random House Audio Narrator mentorship is a six-month program, opening its fifth session in January. The post Penguin Random House Opens Its Audio Narrator Mentorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-13 21:21:54 UTC ]
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Random House Is Buying Boom! Studios

The Random House Publishing Group has signed an agreement, expected to close later this summer, to acquire comic book and graphic novel publisher Boom! Studios. Boom! will become part of Random House Worlds. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-10 04:00:00 UTC ]
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Penguin Random House Will Expand its Indiana Warehouse

The publisher has reached an agreement with officials in Crawfordsville, Ind., to expand the size of its distribution facility located in the city by 650,000 sq. ft. As part of the agreement, PRH will receive $5.6 million in tax incentives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-11 04:00:00 UTC ]
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Penguin Random House Dismisses Two of Its Top Publishers

The departures of Reagan Arthur, who led Alfred A. Knopf, and Lisa Lucas, who held the top job at Pantheon and Schocken, came as a surprise to many in the company. Continue reading at The New York Times

[ The New York Times | 2024-05-20 22:16:53 UTC ]
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TokyoPop Moves Its Distribution to Penguin Random House

Beginning January 1, Penguin Random House Publisher Services will sell and distribute the entire TokyoPop frontlist and backlist across all sales channels worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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TokyoPop Moves Its Distribution to Penguin Random House

Beginning January 1, Penguin Random House Publisher Services will sell and distribute the entire TokyoPop frontlist and backlist across all sales channels worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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Meta ‘discussed buying publisher Simon & Schuster to train AI’

Audio shared with the New York Times appears to record executives discussing purchase of the US books giant to feed into its large language modelsStaff at technology company Meta discussed buying publishing house Simon & Schuster last year in order to procure books to train the company’s... Continue reading at The Guardian

[ The Guardian | 2024-04-09 15:36:14 UTC ]
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Suzanne Herz Returns to Penguin Random House as John Grisham's Publisher

John Grisham's longtime publisher will return after a buyout to oversee the publishing strategy for the John Grisham brand, "which will now live alongside the sales and corporate marketing teams," PRH CRO Jaci Updike wrote in a memo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-19 04:00:00 UTC ]
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Penguin Random House to Distribute Wattpad Webtoon

PRH's publisher services division has signed a multi-year sales and distribution agreement with Wattpad Webtoon Book Group as its presence in the world of comics and graphic novel distribution continues to grow. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-23 05:00:00 UTC ]
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Penguin Random House Sues the US State of Iowa

Penguin Random House — along with the Iowa State Education Association, authors, students, and educators — is taking Iowa to court for its law against sexual content in books. The post Penguin Random House Sues the US State of Iowa appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-30 23:47:44 UTC ]
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Penguin Random House, Authors Sue to Block Iowa Anti-LGBTQ Book Banning Law

Penguin Random House and the Iowa State Education Association, along with four bestselling authors and five plaintiffs from the state of Iowa, have sued the state to block key provisions of its sweeping new law banning books with sexual or LGBTQ+ content in schools. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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Manuel Sansigre, Divya Sawhney Up at Penguin Random House

Sansigre has been named chief financial officer at Penguin Random House, effective January 1, succeeding Jim Thompson, who will retire next year. Sawhney has been promoted to chief strategy officer, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-15 05:00:00 UTC ]
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Jaci Updike Is Penguin Random House's First Chief Revenue Officer

The PRH sales veteran has been promoted to the newly created position of chief revenue officer, from president of sales and marketing, at Penguin Random House U.S. The division's Jeff Weber and Michael Rotondo also received promotions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-09 05:00:00 UTC ]
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Penguin Random House Issues a First Diversity Report

PRH's Nihar Malaviya talks of 'an environment where all employees are empowered to grow, succeed, and speak up,' in the US division's first DEI report. The post Penguin Random House Issues a First Diversity Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-04 00:09:33 UTC ]
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KKR Closes Deal to Buy Simon & Schuster

The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit. Continue reading at The New York Times

[ The New York Times | 2023-10-31 02:10:51 UTC ]
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Penguin Random House launches high schoolers’ award to combat book bans

The publisher’s $10,000 Freedom of Expression prize invites teens to write about a banned book that changed their life, against a backdrop of rising censorshipPublisher Penguin Random House has launched a new writing award in the US celebrating freedom of expression in response to a rise in... Continue reading at The Guardian

[ The Guardian | 2023-10-24 12:34:56 UTC ]
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Penguin Random House and We Need Diverse Books Open Submissions for the 2024 Creative Writing Awards

The awards partnership between Penguin Random House and We Need Diverse Books will award $60,000 in scholarships. Continue reading at Book Riot

[ Book Riot | 2023-10-18 18:22:57 UTC ]
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Nihar Malaviya Officially Named CEO of Penguin Random House

Malaviya, who was named interim head of the global operations of Penguin Random House following the departure of Markus Dohle at the end of 2022, has officially been named CEO of the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-18 04:00:00 UTC ]
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After Six Turbulent Months, Penguin Random House Profits Increase Slightly

Despite a tumultuous first half of 2023 that included major buyouts and some layoffs, sales at Penguin Random House rose 9.5% in the first six months of 2023 over the comparable period in 2022. Operating earnings increased slightly, by €1 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
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