PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at 'The Bookseller'

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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How This Author Recorded His Audiobook—in a Mine Shaft 900 Feet Underground

When it came time for debut author Brent Underwood to record the audiobook for his book 'Ghost Town Living,' about the California mining town he calls home, he decided to build a makeshift studio in the long-abandoned silver mine at the heart of his story. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-14 04:00:00 UTC ]
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Brandon Sanderson Raises $16 Million, Breaking Records Again

Brandon Sanderson raised more than $16 million from 55,000 people to fund a leatherbound edition of 'Words of Radiance.' The total is the most ever raised on the crowdfunding platform BackerKit. The campaign, launched earlier this week, ends March 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-08 05:00:00 UTC ]
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Twelve BIPOC Bookselling Entrepreneurs Jump into BincTank

The Book Industry Charitable Foundation's is bringing a dozen diverse participants into its pilot program for business incubation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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RuPaul has launched an online bookshop that will share its profits with writers.

There’s a new online bookstore in town—and this time it’s helmed by RuPaul. Yes, that RuPaul. (Reading being, after all, fundamental.) Allstora, announced today*, is a membership-based bookstore that offers a profit-split to authors. RuPaul serves as Allstora’s Chief Creative Officer and... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-04 16:45:28 UTC ]
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Super Bowl 58 Breaks Viewership Records With Swift Rise in Ratings

Super Bowl 58 was Taylor-made for ratings gold. Thanks to multiple telecasts and streams, the power of live sports and even a Taylor Swift bump, Sunday's Super Bowl matchup showcasing the Kansas City Chiefs' overtime win against the San Fransisco 49ers smashed viewership... Continue reading at AdWeek

[ AdWeek | 2024-02-13 02:47:06 UTC ]
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Toronto breaks 86-year temperature record as unseasonable warmth hits

Temperatures are soaring across Ontario, with Toronto breaking a daily record and other cities poised to follow suit. The temperature cracked 11 C by 10 a.m. Friday at Toronto Pearson International Airport, busting a daily record set on the same day in 1938. Continue reading at CBC

[ CBC | 2024-02-09 17:27:50 UTC ]
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Profits Soar at HarperCollins as Audio Sales Boom

A 29% increase in sales of digital audio, coupled with lower costs, resulted in a 67% increase in profits at the publisher in the quarter ended December 31, 2023, over the comparable period a year ago. Total sales were up 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 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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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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Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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OverDrive: Record Number of Libraries Hit One Million Digital Lends in 2023

Another year, another record: OverDrive reps reported this week that 152 libraries around the world reached million-checkout milestone last year, including 23 first-timers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-11 05:00:00 UTC ]
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At PRH, CEO Nihar Malaviya Sets Employee Priorities for 2024

Improving psychological safety, clarity around corporate strategy, and more attention on professional development are the three areas of focus Penguin Random House will prioritize over the two years, according to a memo from global CEO Nihar Malaviya. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
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OverDrive Reports Another Record Year for Digital Library Circulation

Library users worldwide borrowed some 662 million e-books, digital audiobooks, and digital magazines, OverDrive reps announced in a release this week, with 152 library systems reporting more than a million digital checkouts in 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-04 05:00:00 UTC ]
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Jump Into These 9 New Science Fiction and Fantasy Books in January 2024

The best new sci-fi and fantasy books out January 2024 feature mythological retellings, space adventures, cyberpunk ghost stories, and more! Continue reading at Book Riot

[ Book Riot | 2024-01-02 11:30:00 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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Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees

As many as 17,000 students were among the largest turnout on record for Italy's book fair showcasing independent publishers. The post Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-11 18:20:42 UTC ]
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Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

Will Barker, manager, strategic customer success, BlueConic The media and publishing industry is constantly evolving. With this, it’s often difficult to keep up with the latest trends, especially with fast-evolving technologies emerging all the time and ripple effects remaining from the global... Continue reading at Digiday

[ Digiday | 2023-12-05 15:08:37 UTC ]
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Adweek Builds New Executive Team, Naming Former People GM Zoë Ruderman Chief Content Officer and Former Condé Nast Executive Drew Schutte Chief Revenue Officer

Adweek, the leading source of news, insights and intelligence for the marketing and advertising industry, today announced it has hired former Vice President and General Manager of People, Zoe Ruderman as Chief Content Officer and Drew Schutte, former executive at Conde Nast titles The New... Continue reading at AdWeek

[ AdWeek | 2023-11-30 19:30:00 UTC ]
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