PRH Earnings Dip in 'Transformative Year'

Although operating EBIT fell 4.9% in the year at Penguin Random House, executives at parent company Bertelsmann had nothing but good things to say about the results from the world’s largest trade publisher. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-03-26 00:00:00 UTC ]
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PRH Earnings Dip in 'Transformative Year'

Although operating EBIT fell 4.9% in the year at Penguin Random House, executives at parent company Bertelsmann had nothing but good things to say about the results from the world’s largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good things


Books in the Media: Children's book reviews dip year on year

In August 2019, The Bookseller reported that children's books accounted for just 4.9% of review space, despite making up a third of the market. Latest figures from Books in the Media shows that this figure has dropped to 4.3%, when looking at reviews from the past 12 months.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 01:05:09 UTC ]
More news stories like this | News stories tagged with: #review space #latest figures #children's book


Open Road Integrated Media Has ‘Transformational’ Year

More titles, publishers, and services led to record revenue in 2023 at the digital marketing company, said CEO David Steinberger. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-24 05:00:00 UTC ]
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Sales Rose at PRH During a Difficult Year, Says CEO Nihar Malaviya

PRH global CEO Nihar Malaviya thanked employees in a memo for their efforts during a year which saw sales rise over 2022 despite the host of internal challenges the world's largest trade publisher faced in 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-14 05:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult year #sales rose #sales rise #trade publisher


Celebrating Five Years of Transformational Stories: Close-Up on Rick Riordan Presents

Author and publisher Rick Riordan reflects on half a decade of exceptional storytelling. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
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Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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PRH Had a Record Year in 2021

Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
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PRH launches global campaign marking 120 years of Peter Rabbit

Penguin Random House Children's is to launch a programme of commemorative publishing next year, in celebration of the 120th anniversary of Beatrix Potter's The Tale of Peter Rabbit.  Continue reading at The Bookseller

[ The Bookseller | 2021-11-11 17:06:39 UTC ]
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Year-End Changes: PRH Canada Separates Knopf and Random House

CEO Kristin Cochrane retains Anne Collins while moving Martha Kanya-Forstner to lead Knopf Canada and bringing in Sue Kuruvilla for RH Canada. The post Year-End Changes: PRH Canada Separates Knopf and Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-12-09 21:22:13 UTC ]
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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Earnings Up, Sales Dipped at HBG

Profits rose at Hachette Book Group last year over 2018 despite a 1% decline in revenue. The earnings increase was attributed to improved operating efficiencies in the year, along with higher sales of digital audiobooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings increase #sales dipped #profits rose #1% decline #higher sales #digital audiobooks


Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house


Dohle hails 'successful' 2019 for PRH in year end letter to staff

Penguin Random House c.e.o. Markus Dohle has hailed the company's acquisitions and investments and called on the firm to leverage its "unique role in the world as a force for good", in a year end letter to staff.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-12 04:25:11 UTC ]
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Profile reports 4% turnover dip but steady profit in 'solid' year

Profile Books has reported a “solid” financial year 2018 to 2019 with turnover at £11.4m, a 4% dip on the previous year, while operating profit was “steady” at £983,375. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 21:34:54 UTC ]
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PRH Posts Double-Digit Gains in Sales, Earnings in First Half of '19

Driven by a number of acquisitions and hundreds of bestselling books, profits at Penguin Random House jumped 33.0% in the first half of 2019 over the comparable period in 2018 and revenue rose 11.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-29 04:00:00 UTC ]
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Strong performance by PRH as Bertelsmann records highest first half for 12 years

Penguin Random House's parent company Bertelsmann has reported its highest first half for 12 years with €8.6bn group revenues, with PRH’s successful performance attributed to “strong bestsellers, high growth rates in audio formats, and acquisitions”. Continue reading at The Bookseller

[ The Bookseller | 2019-08-29 03:19:02 UTC ]
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PRH Added £25 Million to Pearson's First Half Earnings

As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
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Sales, Earnings Rose at PRH in 2018

Revenue at Penguin Random House rose 1.9% in 2018 over 2017 and earnings increased 1.3%. PRH global CEO Markus Dohle said he expects to see more gains in 2019 due in part to more increases in digital audio sales and expanding global book markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-26 00:00:00 UTC ]
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Hachette and PRH battle it out for The British Book of the Year trade awards

Hachette and Penguin Random House are leading The British Book Awards’ trade shortlists with 11 nominations each, with Hachette managing hat-tricks in both the Imprint and Publisher of the Year categories. Continue reading at The Bookseller

[ The Bookseller | 2019-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #british book


PRH marks five years of Murder Most Unladylike with hardback edition

Penguin Random House (PRH) Children’s is celebrating the fifth anniversary of Robin Stevens’ Murder Most Unladylike with a signed hardback edition of the first book. Continue reading at The Bookseller

[ The Bookseller | 2019-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hardback edition #robin stevens