Simon & Schuster sold to private equity firm KKR for $1.62bn

Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market.The private equity giant will buy Simon & Schuster for $1.62bn in cash, said Paramount Global, the parent company of the storied book publisher. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2023-08-07 21:05:30 UTC ]

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PRH Launches Book the Vote Initiative

Penguin Random House has partnered up with PEN America, Out of Print, and When We All Vote to launch Book the Vote, which the publisher describes as a "nonpartisan initiative to protect free speech and ensure every voter’s right to participate in elections." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-13 04:00:00 UTC ]
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PEN America, Penguin Random House Partner on ‘Book the Vote’

First rolled out during the 2018 US midterm elections, the 'Book the Vote' program offers voter information and political literature. The post PEN America, Penguin Random House Partner on ‘Book the Vote’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-12 23:41:35 UTC ]
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100 Essential Books by Iranian Writers: Children’s and Young Adult Titles, by Niloufar Talebi

Essay To mark the upcoming 2020 Neustadt Lit Fest and the announcement of the 2021 NSK Neustadt Prize for Children’s Literature, here is an excerpt featuring the children’s and young adult books selection from 100 Essential Books by Iranian Writers,... Continue reading at World Literature Today

[ World Literature Today | 2020-09-30 13:21:42 UTC ]
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PRH UK sends staff home as government gives new Covid guidance on the workplace

UK staffers at Penguin Random House have already been told they should again work from home if they can, following the step-change in government guidance as coronavirus infection rates rise. Continue reading at The Bookseller

[ The Bookseller | 2020-09-23 00:00:21 UTC ]
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PRH Opens ‘The Conversation’ To ‘Sustain Antiracist Engagement’

Penguin Random House launches The Conversation, a hub of content collections 'to combat racism and end racial inequities'—meant for families, educators, and businesses. The post PRH Opens ‘The Conversation’ To ‘Sustain Antiracist Engagement’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-22 19:17:06 UTC ]
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PRH Releases Workforce Report on Diversity

An internal report on workforce demographics at Penguin Random House shows that 78% of PRH non-warehouse employees are white. In addressing the report, PRH U.S. CEO Madeline McIntosh said the company is determined to make its workforce "reflect the demographics of American society.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-09 04:00:00 UTC ]
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PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal

PRH Grupo Editorial gets translation rights to English-language titles from Wattpad Book, a world Spanish exclusive. The post Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-28 01:10:03 UTC ]
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Penguin signs more Five Minute Mum

Penguin Random House Children's UK has acquired two new books from Instagram parenting star Daisy Upton, known to her 180,000 followers as "Five Minute Mum".  Continue reading at The Bookseller

[ The Bookseller | 2020-08-26 05:40:56 UTC ]
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US Publishers, Authors, Booksellers Call Out Amazon’s ‘Concentrated Power’ in the Book Market

American professional associations for authors, publishers, and booksellers write to the House subcommittee on antitrust issues about Amazon. The post US Publishers, Authors, Booksellers Call Out Amazon’s ‘Concentrated Power’ in the Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-17 14:51:35 UTC ]
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PRH completes move to One Embassy Gardens

Penguin Random House UK's major office move has now taken place, with Transworld leaving its site in Ealing while other divisions have departed the offices formerly held on the Strand.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-12 01:42:47 UTC ]
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PRH Children's triumphs in 15-way auction for Fadugba debut

Penguin Random House Children’s has won a 15-way auction to publish a "genre-defying, time-travelling" YA thriller, The Upper World by Femi Fadugba. Continue reading at The Bookseller

[ The Bookseller | 2020-08-11 13:52:13 UTC ]
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Baduza, Wood and Wilson join stars reading Penguin Classics

Penguin Random House is launching a new collection of audiobooks from the Penguin Classics list this September, featuring acting stars from "Noughts + Crosses", "Sex Education" and "His Dark Materials" as narrators. Continue reading at The Bookseller

[ The Bookseller | 2020-08-10 21:44:19 UTC ]
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Goodnight Moon redrawn as Good Morning Zoom for Covid-era kids

Investment banker Lindsay Rechler has rewritten classic story to ‘to explain to my children why their world was turned upside down’The classic 1947 children’s picture book Goodnight Moon has been reimagined for the coronavirus era as Good Morning Zoom, replacing Margaret Wise Brown’s lights and... Continue reading at The Guardian

[ The Guardian | 2020-08-04 11:13:49 UTC ]
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PRH Won't Return to Offices Until 'It's Safe and Practical'

Following a survey of its workforce gauging employee experience with working remotely and reaction to the prospect of returning to its Manhattan offices, Penguin Random House US has confirmed that it will not return to its offices "until sometime next year." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Italian book market shows signs of recovery

The Italian book market is on the road to recovery, according to fresh figures from the Italian Publishers Association (AIE), which state that its book trade's year-on-year revenue losses almost halved in the space of a few months, improving from –20% in April to –11% in July. Continue reading at The Bookseller

[ The Bookseller | 2020-07-28 17:19:03 UTC ]
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PRH commissions all-star cast for Beatrix Potter audio

Penguin Random House is celebrating Beatrix Potter’s birthday with a new audio edition of Beatrix Potter: The Complete Tales, narrated by stars including Olivia Colman, Tom Hardy and David Harewood. Continue reading at The Bookseller

[ The Bookseller | 2020-07-27 18:13:08 UTC ]
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Spain’s Book Market: 40 Percent More Online Buying During Lockdown

A new study of the book market in Spain shows consumers are reading more during the pandemic lockdown, buying more books online, and still prefer print over digital. The post Spain’s Book Market: 40 Percent More Online Buying During Lockdown appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-21 14:30:43 UTC ]
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US Book Market: NPD Sees Unit Sales Up 2.8 Percent in Q2

Politically related biography and memoir gained, and children's print gained 12 percent over the second quarter of 2019 in unit sales. The post US Book Market: NPD Sees Unit Sales Up 2.8 Percent in Q2 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-20 17:15:16 UTC ]
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Trump Tell-All Breaks S&S Record; PRH India Signs Sourcebooks, Fitzcarraldo

Industry Notes: The bestseller by Donald Trump's niece is going into its 14th printing. And Penguin Random House India inks deals with US, UK independents. The post Trump Tell-All Breaks S&S Record; PRH India Signs Sourcebooks, Fitzcarraldo appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-16 15:20:59 UTC ]
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