PRH first-half revenues at €1.5bn

Penguin Random House worldwide generated revenues of €1.5bn (£1.2bn) in the six months... Continue reading at 'The Bookseller'

[ The Bookseller | 2014-08-29 00:00:00 UTC ]

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News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
More news stories like this | News stories tagged with: #marketing spend #york post #major publishing #news corp


January Religion Bestsellers: Lysa TerKeurst Tops; ‘Redeeming Love’ Remains #1

Proverbs 31 Ministry president and bestselling author Lysa TerKeurst takes #1 in Religion Nonfiction with her latest release, ‘Good Boundaries and Goodbyes.’ Francine Rivers maintains the top perch in Religion Fiction from last month with ‘Redeeming Love.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #redeeming love #remains #1 #religion nonfiction #latest release #good boundaries #religion fiction #bestselling author


Madeline McIntosh to Step Down as CEO of PRH US

About three weeks after Gina Centrello retired as president and publisher of the Random House Publishing Group, McIntosh announced that she will step down as CEO of Penguin Random House in the very near future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-31 00:00:00 UTC ]
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December Religion Bestsellers: ‘Faith Still Moves Mountains’ #1 in Nonfiction; Rivers Reigns in Fiction

Fox News host Harris Faulkner’s ‘Faith Still Moves Mountains’ remains in the #1 spot on PW’s Religion Nonfiction Bestsellers list for December; Francine Rivers takes three spots on Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-11 05:00:00 UTC ]
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Prince Harry’s memoir hits No 1 on Amazon, predicted to be one of year’s bestsellers

Spare is already the UK’s top-selling title a day ahead of publication, with high-street retailers expecting sustained interest in the royal psychodramaPrince Harry’s Spare is currently the No 1 in the UK Amazon bestseller charts and among the biggest pre-order titles for high-street retailers,... Continue reading at The Guardian

[ The Guardian | 2023-01-09 17:46:20 UTC ]
More news stories like this | News stories tagged with: #prince harry #top-selling title #day ahead #high-street retailers #official release #marry camilla #bestseller charts #memoir


Man pleads guilty to stealing more than 1,000 manuscripts

Filippo Bernardini impersonated agents and publishers to obtain works from writers including Atwood, McEwan and RooneyAn Italian man has admitted to stealing more than 1,000 unpublished manuscripts, including from distinguished authors, solving a mystery that had puzzled the literary world for... Continue reading at The Guardian

[ The Guardian | 2023-01-07 10:51:29 UTC ]
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CES 2023 Day 1 recap: Catch up on the biggest news from the year's biggest tech show

We’re back in Vegas for CES, and while the show doesn’t officially open until tomorrow, many exhibitors have already unveiled their new products at various press conferences and media events. Today, we’re starting to see some of the early car news that frequently dominates CES, as well as more... Continue reading at Engadget

[ Engadget | 2023-01-05 19:50:52 UTC ]
More news stories like this | News stories tagged with: #configuration options #favorite app #headphone jack #youtube channel #stay tuned #digital content


The 2023 Digiday Publishing Summit Preview: How publisher needs and programmatic trends are shaping revenue, data and media

Presented by Rise Join a panel led by editor-in-chief Jim Cooper as Digiday and Rise kick off 2023 with a special preview of the upcoming Digiday Publishing Summit. As our editors prepare to put a lens on revenue, data and editorial strategies at the Vail summit this March, RSVP to save your... Continue reading at Digiday

[ Digiday | 2023-01-05 15:47:27 UTC ]
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Louise Penny Wrote a No. 1 Best Seller During Her Year Off

She meant to take a break but the Canadian author ended up doing what she always does: powering through a new novel. Continue reading at The New York Times

[ The New York Times | 2022-12-15 10:00:14 UTC ]
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Variety Notches Best Year of Revenue in Its 117-Year History

Entertainment trade publisher Variety, part of Penske Media Corporation, has notched a year of record revenue and reach, partly thanks to capitalizing on heightened consumer interest in the rapidly transforming film and television industry. The publisher posted the highest-ever revenue of its... Continue reading at AdWeek

[ AdWeek | 2022-12-05 12:11:04 UTC ]
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How Alexa, Echo, and other devices became a drag on Amazon’s revenue

Sure, R&D is expensive, but the issues run deeper. When Amazon CEO Andy Jassy announced earlier this week that Amazon would be conducting layoffs, he called out one team in particular: devices and books, which is responsible for products including Alexa, Kindle readers, Echo smart speakers,... Continue reading at Fast Company

[ Fast Company | 2022-11-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle readers #fire tablets #ring doorbells #kindle


Paramount Terminates the PRH-Simon & Schuster Deal

The parent of Simon & Schuster closes the door on an appeal, ending the Bertelsmann/PRH attempt to acquire Simon & Schuster. The post Paramount Terminates the PRH-Simon & Schuster Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-22 18:51:28 UTC ]
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PRH, S&S Deal Likely Dead

With the purchase agreement between Paramount and Penguin Random House set to expire, reports from multiple media sources say that Simon & Schuster's parent company will let the deadline lapse, thereby killing the deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #ss deal #simon schuster #penguin random house


Paramount Terminates PRH Bid for S&S

Penguin Random House’s attempt to acquire Simon & Schuster has officially ended. The news came in a filing by S&S parent company Paramount Global with the SEC, which said that, in accordance with the purchase agreement terms, it had terminated the deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-21 05:00:00 UTC ]
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In Written Opinion, Judge Florence Pan Delivers Knockout Blow to PRH, S&S Merger

On November 7, Judge Florence Pan released her memorandum opinion blocking Penguin Random House from acquiring rival Big Five publisher Simon & Schuster. In the final analysis, after a year of legal wrangling and a three week trial, it wasn’t a close case for her at all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #ss merger #legal wrangling #penguin random house


Independent booksellers unimpressed by Prince Harry memoir being sold at half-price

Spare, which is released in January, has been heavily discounted by larger retailers, leaving smaller bookshops unable to competePrince Harry’s forthcoming memoir, Spare, is unlikely to be championed by independent bookshops because of how heavily it has been discounted by larger retailers,... Continue reading at The Guardian

[ The Guardian | 2022-11-03 15:12:22 UTC ]
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SIBF 2022: PRH CEO Dohle Says Ruling Is "Utterly Wrong"

Penguin Random House CEO Markus Dohle took the stage on Tuesday morning at the Sharjah International Book Fair and said he is "super disappointed" with the court ruling blocking PRH's proposed acquisition of S&S, calling the decision "utterly wrong." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-01 04:00:00 UTC ]
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Court Blocks PRH-Simon & Schuster Acquisition

In the United States, Judge Pan rules against the merger of trade book publishers Penguin Random House and Simon & Schuster. The post Court Blocks PRH-Simon & Schuster Acquisition appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-01 02:36:58 UTC ]
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Third Quarter Revenue Rose at Hachette Book Group

Helped by the popularity of Colleen Hoover's 'Verity,' revenue at Hachette Book Group rose 4.7% in the third quarter over 2021—a gain that does not include results from Workman Publishing, which HBG bought last September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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Publishing professionals are calling for PRH to reconsider Amy Coney Barrett’s book.

The Big Five publishers have a history of both publishing and distributing books by people who not only hold abhorrent beliefs, but who wield those beliefs to destroy the rights of people across the world—so it’s no surprise that Sentinel, the conservative Penguin Random House imprint, is... Continue reading at Literrary Hub

[ Literrary Hub | 2022-10-25 14:43:59 UTC ]
More news stories like this | News stories tagged with: #publishing professionals #distributing books #penguin random house