PRH Nine-Month Sales 'Down Slightly,' Pearson Says

Pearson attributed the small sales decline to what are now familiar trends--stable sales of print and audio offset by modest declines in ebook sales. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-10-17 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Pearson completes sale of 22% stake in PRH to Bertelsmann

Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Sales 'level' for Pearson at nine-month point

Pearson has reported sales level in underlying terms for the first nine months of 2014, with Penguin Random House performing "well" in the third quarter.  Meanwhile chief financial officer Robin Freestone is to stand down after eight years in his role, the company said. Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Adult Sales Up, Kids' Sales Down In First Nine Months of 2017

Sales of adult trade books inched up 0.4% in the first nine months of 2017, over the same period in 2016, according to estimated released by the AAP’s StatShot program. Sales in the children’s/young adult segment fell 3.5% in the nine-month period compared to 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-08 00:00:00 UTC ]
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Physical book sales slump 4% month-on-month

Written By: Philip Stone Publication Date: Mon, 05/09/2011 - 14:05 Spending on printed books slumped 4% in August, with sales plummeting to a seven-year low for the month, according to Nielsen BookScan data. A total of £107.5m spent on physical books at UK booksellers in the four weeks to 27th... Continue reading at The Bookseller

[ The Bookseller | 2011-09-05 00:00:00 UTC ]
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Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Sourcebooks Posts Double Digit Six Month Sales Gain

Unit sales rose 24% in the first six months of 2019 over the comparable period in 2018, while revenue increased 26% at Sourcebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-10 04:00:00 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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Trade Sales Rose 3.8% in First Six Months

In the first half of 2019 sales of adult books rose 1.4% over the comparable period in 2018, while sales of children/YA books increased 7.4%, according to the AAP. Sales of religious presses, which AAP puts in the trade segment, rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-28 04:00:00 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 Dipped, Profits Rose in First Six Months at HBG

Revenue at Hachette Book Group fell 1.5% in the first half of 2019 compared to a year ago, but profits were up. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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PRH publishes gender pay gap nine months early and unveils plans for parental leave

Penguin Random House has revealed its gender pay gap figures nine months early with a largely unchanged balance sheet but with a new initiative which sees all new parents at the company given the opportunity to take 12 months off from next year. Continue reading at The Bookseller

[ The Bookseller | 2019-07-24 23:00:06 UTC ]
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PRH US completes sale of F+W Books

Penguin Random House US has finalised the deal to buy the US book-publishing assets of F+W Books. Continue reading at The Bookseller

[ The Bookseller | 2019-07-21 22:23:56 UTC ]
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PRH Offers Direct Sales to Orphaned Bookstores

In response to Baker & Taylor closing its retail wholesale business, Penguin Random House has launched the "Indies Express Program" to transition B&T indie bookstore accounts to direct sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-08 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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Pearson agrees sale of One Southwark Bridge for £115m

Pearson has agreed the sale of its FT freehold and corporate headquarters at One Southwark Bridge to M&G Real Estate for £115m. Continue reading at The Bookseller

[ The Bookseller | 2018-11-15 00:00:00 UTC ]
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Bertelsmann reports highest nine-month group sales since 2007

Penguin Random House's parent company Bertelsmann has reported its highest nine-month group sales since 2007, with a 2.4% rise in revenue year-on-year to €12.4bn. Continue reading at The Bookseller

[ The Bookseller | 2018-11-09 00:00:00 UTC ]
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