PRH Had 'Solid' First Half, Pearson Says

Pearson, which has a 47% stake in Penguin Random House, reported that Increased benefits from the integration of Penguin and Random House offset "reduced demand" for ebooks. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
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Is Pearson ready for March break? Go behind the scenes at Canada's busiest airport

With air travel rebounding as pandemic restrictions ease, Toronto’s Pearson International Airport is busier than ever — but it’s been a rocky restart with flight delays and cancellations, long lines and lost luggage. CBC News gets an inside look... Continue reading at CBC

[ CBC | 2023-03-10 09:00:00 UTC ]
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PRH Among New Investors in Rebel Girls

Rebel Girls, the media company whose mission is to instill confidence in girls, raised $8 million in a new funding round, with Penguin Random House its lead investor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-06 05:00:00 UTC ]
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Pearson Airport to limit flights during peak hours ahead of March Break, summer travel season

Toronto's Pearson Airport will be placing a "hard limit" on the number of flights arriving or departing during peak times ahead of March Break and the upcoming summer travel season. Continue reading at CBC

[ CBC | 2023-02-28 16:22:46 UTC ]
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Random House, Crown Made Separate Groups in PRH US Reorg

The highlight of a new operating structure for Penguin Random House is the creation of separate Random House and Crown adult publishing groups. No replacement has been named for departing PRH US CEO Madeline McIntosh. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
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NPD BookScan Sees 2023 US Book Market ‘Off to a Solid Start’

US backlist book sales grew in January, according to NPD Bookscan, with adult fiction helping to offset sagging adult nonfiction. The post NPD BookScan Sees 2023 US Book Market ‘Off to a Solid Start’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-07 14:57:06 UTC ]
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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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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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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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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 ]
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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 ]
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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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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 ]
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Florence Pan, Judge in DOJ v. PRH Case, Confirmed to U.S. Court of Appeals in D.C.

The United States Senate voted on Tuesday to elevate the judge overseeing the lawsuit that will decide the fate of the proposed merger of Penguin Random House with Simon & Schuster to the influential U.S. Court of Appeals for the District of Columbia Circuit, filling the seat that belonged... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
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In Post-Trial Briefs, DOJ Says PRH Deal for S&S Must Be Blocked

DOJ attorneys say the proposed acquisition is “precisely the march toward concentration and monopsony power that Congress enacted the Clayton Act to prevent.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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In Post-Trial Briefs, PRH Attorneys Say DOJ Failed to Prove Its Case Against S&S Merger

In a highly anticipated post-trial filing PRH attorneys reiterate their claim that the government manufactured a fatally flawed case to block the nearly $2.2 billion merger—and then failed to prove it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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DOJ v. PRH: "Ending Where We Started"

The opposing parties in the Department of Justice’s lawsuit aiming to block Penguin Random House’s purchase of Simon & Schuster offered very different views of what a merger of the two would mean for authors and the industry in Friday’s closing arguments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-22 04:00:00 UTC ]
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Toronto's Pearson airport now 2nd worst in world for delays. Ottawa says travel woes on the mend

On Friday, the transport minister told a parliamentary committee that Canada's travel chaos is dissipating. But critics and travellers say the situation remains turbulent. Continue reading at CBC

[ CBC | 2022-08-20 08:00:00 UTC ]
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DOJ v. PRH: Challenges over Bid Competition, Market Share

As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
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