PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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DOJ v. PRH: All Our Coverage

A compilation of PW's coverage of the DOJ's bid to block Penguin Random House's acquisition of rival Big Five publisher Simon & Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-05 04:00:00 UTC ]
More news stories like this | News stories tagged with: #rival big

Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #strong results

DOJ v PRH: Karp's Second Day of Testimony

Simon & Schuster Jonathan Karp was again the featured witness as PRH attorneys pressed their case that the merger of the two companies would be good for S&S's authors. Morrow's Liate Stehlik and Michael Jacobs of Abrams also took the witness stand. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #liate stehlik #michael jacobs #witness stand

College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
More news stories like this | News stories tagged with: #second-hand sales #nft advocates #major attributes #secondary market #analogue world #makes sense #pearson

DOJ v PRH: Jonathan Karp and Stephen King Take the Stand

Day two of the DOJ's trial to block PRH from acquiring S&S featured a little star power: bestselling author Stephen King. In terms of the case before the court, however, the highlight of the day was the testimony of S&S CEO Jonathan Karp. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #block prh #jonathan karp #stephen king #star power #bestselling author

Pearson plans to sell its textbooks as NFTs

Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand salesTextbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.Educational books are... Continue reading at The Guardian

[ The Guardian | 2022-08-02 15:37:17 UTC ]
More news stories like this | News stories tagged with: #digital textbooks #pearson plans #educational publisher #non-fungible tokens #claw back #educational books #pearson

The PRH-S&S Acquisition Case Goes to Court

The United States' Department of Justice is suing to block the Penguin Random House-Simon & Schuster merger deal struck in late 2020. The post The PRH-S&S Acquisition Case Goes to Court appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-08-01 13:55:05 UTC ]
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10 books to add to your reading list in August

Bethanne Patrick's August highlights include fiction from Mohsin Hamid and Marianne Wiggins, a sequel to "Dopesick" and a revisionist feminist history. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-07-29 13:00:01 UTC ]
More news stories like this | News stories tagged with: #bethanne patrick #mohsin hamid

Toronto's Pearson airport has a PR problem: It's known as the worst airport in the world

Following mass complaints about line-ups, flight disruptions and missing baggage at Pearson International Airport, some tourism groups fear travellers may choose to bypass Toronto. Continue reading at CBC

[ CBC | 2022-07-29 08:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson airport #pearson

8 Surprising New Memoirs to Add To Your TBR ASAP

From a memoir about African-Jewish cooking, Koshersoul, to one about grieving our pets, Good Grief, these new memoirs take a different approach to the genre. Continue reading at Book Riot

[ Book Riot | 2022-07-28 10:33:00 UTC ]
More news stories like this | News stories tagged with: #tbr asap #memoir

Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
More news stories like this | News stories tagged with: #local newspapers #profits fall

In Final Briefs, DOJ, PRH Flesh Out Arguments Ahead of Trial

Attorneys for both parties filed a host of final briefs on July 22, including their individual pre-trial statements and briefs on a handful of lingering (but potentially significant) evidentiary question likely to be settled early this week. Oral arguments in the case are set to begin on August 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #final briefs #oral arguments

Showdown: DOJ’s Bid to Block PRH Acquisition of S&S Is Heading to Trial

With oral arguments set to begin on August 1, the closely watched case holds major implications for a publishing industry grappling with consolidation and for government regulators facing growing calls for more vigilant antitrust enforcement. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry

PRH Announces Michelle Obama's New Book

Former First Lady and bestselling author Michelle Obama's next book, 'The Light We Carry: Overcoming in Uncertain Times,' will be released on November 15. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]
More news stories like this | News stories tagged with: #uncertain times #bestselling author

Stephen King, Andrew Solomon, and a bunch of agents are set to testify in the PRH antitrust trial.

The federal government’s civil suit to block the acquisition of Simon & Schuster by Penguin Random House is chugging along, with the trial set to begin on August 1. Exhibits to the joint pretrial motion, filed July 15, included lists of witnesses for both sides. Witnesses for both sides... Continue reading at Literrary Hub

[ Literrary Hub | 2022-07-20 16:13:34 UTC ]
More news stories like this | News stories tagged with: #stephen king #andrew solomon #federal government #simon schuster #penguin random house

Surrounded by Choice: The Millions Interviews Sopan Deb

"Writing my memoir essentially gave me the confidence that I could write fiction." The post Surrounded by Choice: The Millions Interviews Sopan Deb appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2022-07-15 10:00:16 UTC ]
More news stories like this | News stories tagged with: #write fiction #memoir

Morning Brew Tops $36 Million First-Half Revenue and Launches Its 10th Newsletter

The business news publisher Morning Brew, an Axel Springer property, launched its 10th newsletter Monday morning, a product called CFO Brew that aims to reach readers in strategic and corporate finance. The publisher has grown rapidly since selling a majority stake to Insider in October 2020... Continue reading at AdWeek

[ AdWeek | 2022-07-12 10:01:54 UTC ]
More news stories like this | News stories tagged with: #reach readers #grown rapidly #majority stake #$75 million #news publisher

Penguin Classics Adds Marvel to the Literary Canon

The first three titles in the Penguin Classics Marvel Collection were released last month and we talk to Ben Saunders, professor of English and director of the Cartoon and Comics Studies minor at the University of Oregon and editorial director for the line, about his vision for the series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #literary canon #ben saunders

10 books to add to your reading list in July

Bethanne Patrick's July highlights include romance, sci-fi and sacrilegious hijinks, as well as probing memoirs and a new Harvey Weinstein exposé. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-06-30 16:26:28 UTC ]
More news stories like this | News stories tagged with: #bethanne patrick