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 ]
Fundraiser for retailers facing hardship during the coronavirus pandemic reveals that benefactor is internet giant widely blamed for trade’s declineAmazon, the internet retail giant vilified for years as public enemy No 1 to booksellers, has been revealed as the surprise mystery benefactor that... Continue reading at The Guardian
[ The Guardian | 2020-04-23 11:37:33 UTC ]
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Former First Lady Michelle Obama will be reading children's books in a weekly series of videos for Penguin Random House and PBS Kids through May 11. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-17 20:08:16 UTC ]
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Penguin Random House UK is the latest U.K. publisher to take cost out of the business in the face of the Covid-19 pandemic. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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Penguin Random House Grupo Editorial Mexico has shifted to teleworking and added new digital workflows, and is offering online classes prioritizing the sales of e-books, much for the first time. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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For what seems like since time immemorial, Penguin Random House Children's has been by far the biggest beast in British kids' publishing. That might have changed this morning with HarperCollins' announcement that it will acquire Egmont UK, plus Egmont’s Polish and German children’s book... Continue reading at The Bookseller
[ The Bookseller | 2020-04-02 02:11:04 UTC ]
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Shannon Marchese, formerly executive editor at Penguin Random House imprints Waterbrook & Multnomah and Convergent, has been hired as v-p, publisher of Tommy Nelson, Thomas Nelson’s children’s imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Penguin Random House UK c.e.o. Tom Weldon says the company is actively seeking ways of helping struggling booksellers during the coronavirus lockdown. Continue reading at The Bookseller
[ The Bookseller | 2020-03-26 21:42:26 UTC ]
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A crowdfunder set up by the trade to raise money for booksellers affected by the Covid-19 pandemic has increased its target to £100,000 after Penguin Random House and the Booksellers Association pledged support. Continue reading at The Bookseller
[ The Bookseller | 2020-03-25 19:31:47 UTC ]
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Paraclete Press announced that it is delaying the publication of two titles originally slated for release May and early June due to the new coronavirus outbreak and “a mostly disrupted book market at every level,” the publisher said. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller
[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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A day after Penguin Random House announced it had withdrawn from the 2020 BookExpo and BookCon, the shows' organizers have moved the dates from May to July. The post BookExpo Moves to July 22 to 26 in New York City: Coronavirus Update appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-19 23:36:11 UTC ]
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Penguin Random House and Pan Macmillan lead the pack among the shortlists for the trade categories of the British Book Awards 2020. Penguin Random House has 17 nominations and Pan Macmillan has 12. Continue reading at The Bookseller
[ The Bookseller | 2020-03-19 16:38:25 UTC ]
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Penguin Random House UK has announced a new partnership between its audio division and Rebellion, a publisher of comic books, fiction and video games, in response to increasing demand for science fiction audio. Continue reading at The Bookseller
[ The Bookseller | 2020-03-18 22:09:16 UTC ]
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Penguin Random House, announces its withdrawal from New York City’s 2020 BookExpo and ReedPop’s associated public weekend, BookCon. The post Penguin Random House Withdraws From BookExpo and BookCon 2020: Coronavirus Update appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-18 19:57:06 UTC ]
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With the new coronavirus continuing to spread in New York City, Penguin Random House said it was withdrawing its participation from the events, which are set to take place at the end of May in New York City's Javits Center. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-18 04:00:00 UTC ]
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Macmillan's John Sargent reverses his controversial stance on library ebooks, and Penguin Random House announces a discounted program amid the outbreak. The post Coronavirus: Macmillan and PRH Ease Library Digital Book Availability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-17 20:47:59 UTC ]
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In a letter to Penguin Random House employees worldwide, PRH CEO Markus Dohle outlined how PRH plans to address the challenges the company faces coping with the global spread of the new coronavirus. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-16 04:00:00 UTC ]
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Penguin Random House UK is expecting all London-based staff to work from home from Tuesday (17th March) and cancelling all events, including bookshop events, Penguin Live, launch parties and "any meetings". Continue reading at The Bookseller
[ The Bookseller | 2020-03-16 02:54:57 UTC ]
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