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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L.A. Times Book Prize Winners Announced

The 40th annual Los Angeles Times Book Prizes were announced today on Twitter. The prizes are given in 12 categories, and titles from Penguin Random House took home six. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-14 04:00:00 UTC ]
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PRH UK and DK join with other Bertelsmann companies for podcast business Storyglass

Penguin Random House UK and DK have joined with Bertelsmann stablemates Fremantle and BMG to launch a joint podcast business, called Storyglass, as part of the Bertelsmann Content Alliance UK. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 15:51:02 UTC ]
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PRH to release Edinburgh Unlocked comedy festival in audiobook

Penguin Random House Audio is releasing Edinburgh Unlocked, a comedy festival in audiobook format featuring names such as Ivo Graham, Jessie Cave, Sofie Hagen and Dane Baptiste. Continue reading at The Bookseller

[ The Bookseller | 2020-07-12 14:00:06 UTC ]
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PRH accelerates inclusion plan with targets on leadership, hires and books

Penguin Random House has published an “accelerated inclusion plan”, including a commitment on "radical and urgent action" to make its senior leadership teams representative of UK society. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 07:47:24 UTC ]
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Philip Pullman to release unseen His Dark Materials novella in October

Written in 2004 and auctioned for charity, Serpentine sees an adult Lyra and her daemon Pantalaimon revisit Trollesund in search of secretsA previously unseen His Dark Materials story about a teenage Lyra, written by Philip Pullman over a decade ago and that he never intended to publish, will be... Continue reading at The Guardian

[ The Guardian | 2020-07-08 23:01:46 UTC ]
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Grisham, Child, Amazon, PRH Headline Lawsuit of KISS Library for Piracy

Top-visibility Authors Guild members join with Amazon Publishing and Penguin Random House in a suit alleging KISS is pirating a wide range of books. The post Grisham, Child, Amazon, PRH Headline Lawsuit of KISS Library for Piracy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-08 14:52:12 UTC ]
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Phoebe Robinson is partnering with Plume to launch a new imprint called Tiny Reparations Books.

Today, Penguin Random House announced the launch of a new imprint, Tiny Reparations Books, founded by New York Times bestselling author, comedian, actress, and producer Phoebe Robinson. Robinson will be partnering with Plume (a division of Dutton, which is itself an imprint of PRH) and its... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-08 14:20:42 UTC ]
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PRH Announces Early Launch for 2-Day Shipping Program

Penguin Random House is hoping to alleviate a significant source of stress for independent booksellers by launching its annual 2-Day Transit Program on July 1, two months ahead of schedule. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-25 04:00:00 UTC ]
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China Bestsellers May: ‘Online Literature’ Powers a Trilogy

Book market developments in May point to growth in China's already powerful 'online literature' sector, led by the 'Ran Freely' trilogy by Wu Zhe. The post China Bestsellers May: ‘Online Literature’ Powers a Trilogy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-22 14:38:30 UTC ]
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PRH to reopen warehouse as bookshops get back to business

Penguin Random House plans to reopen its Colchester distribution centre next week after the facility was closed late last month for a systems upgrade. Continue reading at The Bookseller

[ The Bookseller | 2020-06-16 18:41:00 UTC ]
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China Bestsellers April 2020: A Watchful Market, a Reawakening Chart

As extensive coronavirus testing continues, China's book market charts a restart in April, with 'Higashino Heat' for a favorite Japanese author. The post China Bestsellers April 2020: A Watchful Market, a Reawakening Chart appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-11 09:56:41 UTC ]
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PRH Audio to release audiobook anthology for mindful living in lockdown

Penguin Random House Audio is bringing together wellbeing experts, including fitness author Chloe Madeley and performance coach Sara Milne Rowe, in a new audio anthology, The Here and Now. Continue reading at The Bookseller

[ The Bookseller | 2020-06-09 10:56:54 UTC ]
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PRH becomes latest trade publisher to pull out of Frankfurt

Penguin Random House has joined the other big trade publishers in pulling out of the Frankfurt Book Fair's physical event this year. Continue reading at The Bookseller

[ The Bookseller | 2020-06-08 07:32:23 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

Pandemic Dispatches Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has made... Continue reading at World Literature Today

[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

Cultural Cross Sections Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has... Continue reading at World Literature Today

[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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Obituary: Marian Wood

Marian Wood, a veteran editor and former v-p and publisher of an eponymous imprint at G.P. Putnam's Sons, died over the weekend. Penguin Random House called Wood's time in the business, which began in the 1970s, "one of the most illustrious careers in publishing." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
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Ukraine Opens New Rights Support Grants for International Publishers

Having caught its stride in 2019, Ukraine's book market now is weathering the pandemic—and opening a new translation grant for rights buyers. The post Ukraine Opens New Rights Support Grants for International Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-04-24 13:09:08 UTC ]
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PRH launches virtual Penguin Talks series with Speakers for Schools

Penguin Random House has launched a collaboration with charity Speakers for Schools delivering a series of virtual educational events from its authors, streaming to thousands of students across the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 20:41:22 UTC ]
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No-prorogation justice Lady Hale to publish memoir and guide to the law

Judge famous for ruling against Boris Johnson will recount how ‘a little girl from North Yorkshire became the most senior judge in the UK’ Lady Hale, who presided over the momentous decision to rule Boris Johnson’s prorogation of parliament unlawful, is set to write her memoirs, of how “a little... Continue reading at The Guardian

[ The Guardian | 2020-04-23 14:06:04 UTC ]
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