PRH Employees Take Buy-out Offer; Dohle Joins More Boards

Nearly half of eligible employees have accepted a voluntary separation offer made by the company; to qualify, employees must be at least 60 years old and have been at the company for at least 15 years. Meanwhile, former CEO Markus Dohle has joined the board of Indigo Books & Music though he is not representing PRH in that role. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-06-29 04:00:00 UTC ]

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BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructureBuzzFeed announced plans to lay off dozens of employees after offloading Complex Networks at a significant discount.The struggling digital media group, which also owns... Continue reading at The Guardian

[ The Guardian | 2024-02-21 22:57:22 UTC ]
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Elsevier Chairman YS Chi Elected AAP Board Chair

Chi, chairman of Elsevier and director of corporate affairs for the RELX Group, has served on the AAP board since 2007, and previously served as its chair from 2016 to 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
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Raspberry Pi 5 review: A huge upgrade for the tiny single-board computer

The Raspberry Pi dominated the maker scene for a decade. Supply chain problems then brought the high flying to an end. With the Raspberry Pi 5, the Raspberry Pi Foundation is now attempting to break free. The new Raspberry Pi 5 model is two to three times faster than its predecessors.... Continue reading at PC World

[ PC World | 2024-02-07 11:30:00 UTC ]
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PRH Senior V-p of Distribution Vince Annoreno to Retire

Annoreno, who has been with Penguin Random House for more than 35 years and oversaw the company's Westminster, Md.–based distribution operation, will retire on October 1, with Tina Ruppert tapped to succeed him. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-07 05:00:00 UTC ]
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Indigo Books and Music Gets a Buyout Offer

Two investment firms led by Canadian billionaire Gerald Schwartz—an Indigo board member, husband of founder Heather Reisman, and the company's majority owner—has made an offer to acquire the remaining shares of Canada's largest bookstore chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
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PRH Led in Children’s Picture Book Bestsellers in 2023, While Scholastic Took Top Spot in Fiction

Penguin Random House strengthened its grip on the picture book lists and made gains on the frontlist fiction lists, which Scholastic still rules. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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Tieshena Davis Named IBPA Board Chair

The founding publisher and CEO of Publish Your Gift has been unanimously elected the next chair of the Independent Book Publishers Association's board of directors, effective July 1. She is the first person of color elected to lead the IBPA board. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-01 05:00:00 UTC ]
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Wild Rumpus Bookstore Ownership Transferred to Four Employees

Collette Morgan, owner of the Minneapolis children's bookstore that she and her then-husband opened in 1992, has transferred its ownership to four of the store's eight employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-19 05:00:00 UTC ]
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Quarto Delists from London Stock Market, Makes Tender Offer

The U.K–based publisher has begun a tender offer to acquire more than 11 million common shares as it delists from the London Stock Exchange’s main markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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In Wales: Graffeg Buys World Rights to a Kids’ Book on Immigration

The Dandelion's Tale by Margaret Anne Suggs is being published by Graffeg Books and helps children understand more about immigration. The post In Wales: Graffeg Buys World Rights to a Kids’ Book on Immigration appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-01-12 18:03:28 UTC ]
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Audible reportedly lays off over 100 employees

If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most... Continue reading at Engadget

[ Engadget | 2024-01-11 22:00:11 UTC ]
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North Carolina’s Firestorm Books Offers Free Books Banned in Florida

Firestorm Books in Asheville, N.C., has acquired 22,500 copies of 46 children's books that were banned from the Duval County Public School system in Florida, and will distribute them for free across the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-11 05:00:00 UTC ]
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The Ekus Group Joins Jean V. Naggar Literary Agency

Jean V. Naggar Literary Agency has acquired cookbook-focused literary agency the Ekus Group, which will operate as a boutique culinary division. Owner Sally Ekus will head up representation of cookbook and lifestyle titles as senior literary agent. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-09 05:00:00 UTC ]
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Skyhorse Buying Regnery Publishing

After a deal to sell Regnery Publishing appeared to be dead in November, Salem Media Group has signed an agreement sell the conservative publisher to Skyhorse Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-22 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 ]
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China Literature Buys Tencent Animation and Comics

Pursuing its strategy of seeking to further leverage IP, China Literature, China's dominant online publishing and e-book company, has bought Tencent Animation and Comics for 600 million yuan (US$83.6 million). Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-13 05:00:00 UTC ]
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A billionaire and a novelist offer two versions of tech's future. Who's right?

Where exactly is tech going? Joanne McNeil's debut novel 'Wrong Way' and billionaire Marc Andreessen's 'Techno-Optimist Manifesto' offer some clues. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-12-12 11:00:26 UTC ]
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B&T’s Aman Kochar Reflects on the Changes He Has Made Since Buying the Company Two Years Ago

Baker & Taylor’s Aman Kochar has embraced the wholesaler’s role as a conduit between libraries and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-08 05:00:00 UTC ]
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Simon & Schuster Names Its New Board Members

A deep bench of experience, from Penguin Random House and Disney to TikTok and YouTube, is on Simon & Schuster's new board of directors. The post Simon & Schuster Names Its New Board Members appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-07 21:21:07 UTC ]
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