Sales, Earnings Rose at Penguin Random House in the First Half of 2024

A good performance by PRH US, higher audiobook sales, and contributions from recently acquired companies led to a 13% increase in profits on an 8.5% sales gain at the world's largest trade publisher. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-08-28 04:00:00 UTC ]

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Podcast Network Lemonada and Penguin Random House Team up for a Book Club

Women-operated and founded podcast network Lemonada Media is launching a book club in partnership with publishing company Penguin Random House. Starting September, the Lemonada Book Club will select recent or upcoming fiction and nonfiction book releases under PRH--aligned with topics related to... Continue reading at AdWeek

[ AdWeek | 2022-08-31 12:13:11 UTC ]
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Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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Book Riot’s Deals of the Day for August 28, 2022

Today’s edition of Daily Deals is sponsored by The It Girl by Ruth Ware, audiobook read by Imogen Church.`THE IT GIRL by Ruth Ware, audiobook read by Imogen Church`https://bit.ly/3JZja4D`https://bookriot.com/wp-content/uploads/2022/08/the-it-girl-audiobook-300x300.jpeg.optimal.jpeg` Continue reading at Book Riot

[ Book Riot | 2022-08-28 10:30:00 UTC ]
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What Five Years with a Predatory Vanity Press Taught Me About Art and Success

Every few months, I receive an email or phone call from someone who claims to work for a literary agency or publishing entity. In the lengthy messages variegated with bold-faced sentences, or voicemails in which the speaker mispronounces my maiden name, I’m promised six-figure book deals with... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-22 08:52:55 UTC ]
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Op-Ed: How an antitrust trial could reshape the books we read — and who writes them

The proposed merger of Penguin Random House and Simon & Schuster could lead to fewer voices — including marginalized voices — being published. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-18 10:09:48 UTC ]
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Penguin cuts off Meal Prep King cook after misogynistic rant

Cookbook fans ‘heartbroken’ after John Clark’s derogatory outburst on social mediaThe cookbook author known as the Meal Prep King will no longer be published by Penguin Random House after he posted a misogynistic video on social media.John Clark, whose book The Meal Prep King Plan was a Sunday... Continue reading at The Guardian

[ The Guardian | 2022-08-16 17:55:17 UTC ]
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Is Publishing About Art or Commerce?

The antitrust trial to block the merger of Penguin Random House and Simon & Schuster has riveted the industry—and raised larger questions about the business of books. Continue reading at New Yorker

[ New Yorker | 2022-08-16 16:22:22 UTC ]
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DOJ v PRH: Madeline McIntosh Details PRH's Publishing Process

As the Department of Justice’s case against the proposed acquisition of Simon & Schuster by Penguin Random House entered its third week, the defense called PRH US CEO Madeline McIntosh, plus merger and acquisition executives from ViacomCBS and PRH, to the stand to discuss why approval of the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-16 04:00:00 UTC ]
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DOJ v. PRH: Agents, Publishers Move Center Stage

As attorneys for Penguin Random House and Simon & Schuster took their turn to defend PRH's purchase of S&S, William Morris Endeavor's Jennifer Rudolph Walsh, Gallery publisher Jennifer Bergstrom, and Norton's John Glusman found themselves in the witness chair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
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Germany’s Bookwire Reorganizes Its Audiobook Approach

'Pooling our energies even more to focus on audio,' Bookwire announces a restructured unit for audiobooks and podcasting. The post Germany’s Bookwire Reorganizes Its Audiobook Approach appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-08-08 14:22:34 UTC ]
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Antitrust trial puts book publishing industry in the dock

The Justice Department’s legal effort to block the merger of book publishing giants Penguin Random House and Simon & Schuster is more than just a showcase for the Biden administration’s tougher approach to corporate consolidation Continue reading at ABC News

[ ABC News | 2022-08-06 14:26:56 UTC ]
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DOJ v. PRH: Markus Dohle's Silicon Valley of Media

In roughly five hours of testimony on Thursday, Penguin Random House CEO Markus Dohle jousted with government lawyers over PRH's market share, his commitment to allow PRH and S&S editors to bid on the same books if the merger is completed, and other issues tied to what the impact of a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-05 04:00:00 UTC ]
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Stephen King testified against publishing's biggest merger. What you need to know about the antitrust trial

Stephen King testified for the government today, arguing that writers will be harmed if Penguin Random House and Simon & Schuster merge. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-02 22:41:59 UTC ]
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‘This must be stopped’: US begins court battle against publishing giants’ merger

The justice department is seeking to block the $2.2bn merger between Penguin Random House and Simon & SchusterThe government and publishing titan Penguin Random House exchanged opening salvos in a federal antitrust trial Monday as the US seeks to block the biggest US book publisher from... Continue reading at The Guardian

[ The Guardian | 2022-08-01 16:24:36 UTC ]
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US begins court battle against publishing giants' merger

The U.S. government and publishing titan Penguin Random House are set to exchange opening salvos in a federal antitrust trial Continue reading at ABC News

[ ABC News | 2022-08-01 13:37:10 UTC ]
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Will the Biggest Publisher in the United States Get Even Bigger?

The Biden administration is suing to block Penguin Random House from buying Simon & Schuster. A United States District Court will decide if the sale can proceed. Continue reading at The New York Times

[ The New York Times | 2022-07-31 11:19:44 UTC ]
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Listen To Me: Start Your Audiobooks All Over Again

Ever tried this audiobook tip? Why it might be worthwhile to let yourself experience the vibes then revisit with more attention. Continue reading at Book Riot

[ Book Riot | 2022-07-29 10:36:00 UTC ]
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Podium Audio Buys Bookstat

The digital publisher Podium Audio has acquired Bookstat, the data subscription service that tracks online book purchases in physical, e-book, and audiobook formats. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-26 04:00:00 UTC ]
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‘Fantastical claims’ and Stephen King: Penguin Random House and DOJ face off for antitrust battle

In one of the biggest antitrust showdowns of President Biden’s tenure, the Justice Department is pulling out the big guns to stop a mega-publishing merger. The Justice Department’s ambitious bid to stop Penguin Random House from buying rival publisher Simon & Schuster has started taking on... Continue reading at Fast Company

[ Fast Company | 2022-07-25 16:10:21 UTC ]
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That Voice You’re Hearing? It Might Be Julia Whelan.

Julia Whelan is one of the most in-demand audiobook narrators working today. With her novel, “Thank You for Listening,” she’s telling a story of her own. Continue reading at The New York Times

[ The New York Times | 2022-07-22 20:12:04 UTC ]
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