PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

German media firm, already owner of the giant Penguin Random House, says acquisition of another major publisher is ‘approvable’ within monopoly rulesGerman media group Bertelsmann is set to acquire publisher Simon & Schuster for $2.17bn, less than a year after it took control of Penguin Random House (PRH).Bertelsmann outbid Rupert Murdoch’s News Corp, which owns publisher HarperCollins, in a contest for the company that is home to Dan Brown, Hillary Clinton and Stephen King. ViacomCBS put the company up for sale this year in order to refocus on its online and advertising operations. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-11-25 16:55:32 UTC ]

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PRH makes 'difficult decision' to withdraw from LBF

Penguin Random House has today withdrawn from the London Book Fair, following the move made by Hachette Livre earlier in the day.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-02 23:26:51 UTC ]
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LBF LATEST: Amazon withdraws as US teams at HarperCollins and Hachette exit fair

Amazon has pulled out of the London Book Fair, as the US businesses of HarperCollins and Hachette have joined Simon & Schuster, Macmillan and Penguin Random House in withdrawing a number of their rights staff from the London Book Fair amid the coronavirus outbreak, adding pressure on the... Continue reading at The Bookseller

[ The Bookseller | 2020-03-01 20:42:21 UTC ]
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Danse Macabre: Stephen King’s Dance of Death

In this week’s Dispatches from The Secret Library, Dr Oliver Tearle reviews Stephen King’s early non-fiction book about horror In 1999, the prolific author Stephen King had his own dance with death. One afternoon, he was walking on the shoulder of a road near his home in the US state […] The... Continue reading at Interesting Literature

[ Interesting Literature | 2020-02-28 15:00:22 UTC ]
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New Ottolenghi cookbook slated for September with author tour

Penguin Random House is publishing a new cookbook by Yotam Ottolenghi in September, written alongside Ixta Belfrage: Ottolenghi Flavour.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-26 00:45:48 UTC ]
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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 ]
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Dan Brown pens Puffin picture book and composes classical music album

Dan Brown has penned a Puffin picture book about the adventures of an orchestra-conducting mouse, backed by a classical music album composed by The Da Vinci Code writer. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 17:20:14 UTC ]
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PRH Children's acquires 'achingly romantic' YA from Jennifer Niven

Penguin Random House Children's is publishing Breathless, a new "personal" and "achingly romantic" YA novel by Jennifer Niven, in paperback this autumn. Continue reading at The Bookseller

[ The Bookseller | 2020-02-19 14:05:27 UTC ]
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Bertelsmann and Penguin Random House: Climate Neutrality by 2030

Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines. The post Bertelsmann and Penguin Random House: Climate Neutrality by 2030 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-18 18:34:48 UTC ]
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Dohle: PRH ‘well on its way’ to reducing carbon emissions 20% by 2025

Markus Dohle, Penguin Random House c.e.o., has said Penguin Random House is "well on its way" to reducing its carbon emissions by 20% by 2025, after parent company Bertelsmann declared its goal to be "climate neutral" by 2030. Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 12:34:10 UTC ]
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PRH Makes Progress in Green Initiatives

Following the February 17 announcement by Penguin Random House parent company Bertelsmann that the conglomerate will be carbon neutral by 2030, PRH global CEO Markus Dohle sent a letter to employees outlining the publisher’s role in helping Bertelsmann achieve that target. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
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Bertelsmann aims to be climate neutral by 2030

Bertelsmann is aiming to be climate neutral by 2030, taking its share of responsibility in the battle against climate change and global warming. Continue reading at The Bookseller

[ The Bookseller | 2020-02-16 23:22:53 UTC ]
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Long Live the Bestseller Kings

Scholastic and Penguin Random House retained their #1 spots in our rankings of children’s frontlist fiction and picture book bestsellers by corporation, respectively, though each company’s share of positions on its list diminished slightly from 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-15 05:00:00 UTC ]
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What if the main character of your favorite classic book were black? A publisher makes it so

Penguin Random House teams with TBWA and Barnes & Noble to launch #DiversityEditions for Black History Month. During the Pequod‘s last voyage in Herman Melville’s classic Moby Dick, Captain Ahab is 58 years old. Physically, he has a prosthetic leg made of whale bone, and a pale white mark or... Continue reading at Fast Company

[ Fast Company | 2020-02-05 09:00:42 UTC ]
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This Is The Controversy Behind Oprah's Latest Book Club Pick, 'American Dirt'

Jeanine Cummins' book has been lauded by Stephen King and Lauren Groff, but also lambasted as "problematic," "harmful" and "brownfacing." Continue reading at HuffPost

[ HuffPost | 2020-01-21 23:31:13 UTC ]
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LinkedIn’s SlideShare is a vast emporium for pirated e-books. Authors are paying the price

From bestsellers to textbooks, stolen content is easily found on a 14-year-old hosting service operated by Microsoft’s social network. Mid-level writers are hurt the most. If you want to purchase a copy of The Institute, Stephen King’s latest novel about supernatural kids, you could find it at... Continue reading at Fast Company

[ Fast Company | 2020-01-15 13:00:52 UTC ]
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Laura Linney narrates audiobook of My Name is Lucy Barton

Penguin Random House Audio will publish an audiobook edition of the stage production of Elizabeth Strout’s Pulitzer Prize-winning novel My Name is Lucy Barton (Viking) by the show’s star, Hollywood actress Laura Linney. Continue reading at The Bookseller

[ The Bookseller | 2020-01-10 15:27:10 UTC ]
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Sonny Mehta dies aged 77

Penguin Random House has confirmed the death of Sonny Mehta, editor in chief of Knopf and chairman of the Knopf Doubleday Publishing Group. Mehta died yesterday (30th December) in Manhattan at the age of 77, from complications from pneumonia.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-30 16:18:01 UTC ]
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Bertelsmann to take full control of Penguin Random House

Germany-based media and services company Bertelsmann says it will buy the 25% of publisher Penguin Random House that it doesn't already own for $675 million Continue reading at ABC News

[ ABC News | 2019-12-18 11:47:31 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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Turning a new page: the rise of #Merky Books

Malorie Blackman sold her life story to them, other hot authors are lining up. What makes Stormzy’s imprint so different?In a glass-walled meeting room on the fifth floor of Penguin Random House headquarters in Pimlico, Theophina Gabriel is talking about her love of reading while laughing at her... Continue reading at The Guardian

[ The Guardian | 2019-12-16 08:00:15 UTC ]
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