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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The Guardian view on new stories: helping others tell tales | Editorial

Everyone’s favourite stormtrooper will be developing new movies with Netflix – one of several creators who have turned to enabling the work of othersToni Morrison knew a thing or two about stories. In 1994 she saw the “political correctness debate” as being about “the power to be able to define.... Continue reading at The Guardian

[ The Guardian | 2020-03-15 18:32:03 UTC ]
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Europa sells Ferrante's Lying Life audio to PRH

Europa Editions has sold world English language audio rights to Elena Ferrante's latest novel to Penguin Random House Audio.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 09:15:04 UTC ]
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PRH WriteNow mentoring scheme returns

Penguin Random House UK's mentoring programme WriteNow will return, with workshops planned in England and, for the first time, Scotland, Wales and Northern Ireland.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-09 18:32:05 UTC ]
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Coronavirus-hit Italy sees 25% drop in book sales

According to the Italian Publishers Association (AIE), Italy's book market fell 25% last week, with those areas worst-hit by the coronavirus—such as Lombardy, Veneto and Emilia—seeing drops of 50% and above. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 21:19:43 UTC ]
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Coronavirus: Penguin Random House Pulls out of London Book Fair

The worldwide system of Penguin Random House, world's largest book publisher, has pulled out of London Book Fair amid the mounting COVID-19 outbreak. The post Coronavirus: Penguin Random House Pulls out of London Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-03 16:18:52 UTC ]
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PRH makes 'difficult decision' to withdraw from LBF

Penguin Random House has today withdrawn from the London Book Fair, following the move made by Hachette Livre earlier in the day.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-02 23:26:51 UTC ]
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LBF LATEST: Amazon withdraws as US teams at HarperCollins and Hachette exit fair

Amazon has pulled out of the London Book Fair, as the US businesses of HarperCollins and Hachette have joined Simon & Schuster, Macmillan and Penguin Random House in withdrawing a number of their rights staff from the London Book Fair amid the coronavirus outbreak, adding pressure on the... Continue reading at The Bookseller

[ The Bookseller | 2020-03-01 20:42:21 UTC ]
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New Ottolenghi cookbook slated for September with author tour

Penguin Random House is publishing a new cookbook by Yotam Ottolenghi in September, written alongside Ixta Belfrage: Ottolenghi Flavour.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-26 00:45:48 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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PRH Children's acquires 'achingly romantic' YA from Jennifer Niven

Penguin Random House Children's is publishing Breathless, a new "personal" and "achingly romantic" YA novel by Jennifer Niven, in paperback this autumn. Continue reading at The Bookseller

[ The Bookseller | 2020-02-19 14:05:27 UTC ]
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Bertelsmann and Penguin Random House: Climate Neutrality by 2030

Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines. The post Bertelsmann and Penguin Random House: Climate Neutrality by 2030 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-18 18:34:48 UTC ]
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Dohle: PRH ‘well on its way’ to reducing carbon emissions 20% by 2025

Markus Dohle, Penguin Random House c.e.o., has said Penguin Random House is "well on its way" to reducing its carbon emissions by 20% by 2025, after parent company Bertelsmann declared its goal to be "climate neutral" by 2030. Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 12:34:10 UTC ]
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PRH Makes Progress in Green Initiatives

Following the February 17 announcement by Penguin Random House parent company Bertelsmann that the conglomerate will be carbon neutral by 2030, PRH global CEO Markus Dohle sent a letter to employees outlining the publisher’s role in helping Bertelsmann achieve that target. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
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Long Live the Bestseller Kings

Scholastic and Penguin Random House retained their #1 spots in our rankings of children’s frontlist fiction and picture book bestsellers by corporation, respectively, though each company’s share of positions on its list diminished slightly from 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-15 05:00:00 UTC ]
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What if the main character of your favorite classic book were black? A publisher makes it so

Penguin Random House teams with TBWA and Barnes & Noble to launch #DiversityEditions for Black History Month. During the Pequod‘s last voyage in Herman Melville’s classic Moby Dick, Captain Ahab is 58 years old. Physically, he has a prosthetic leg made of whale bone, and a pale white mark or... Continue reading at Fast Company

[ Fast Company | 2020-02-05 09:00:42 UTC ]
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Concern for children's book market as The Book People fails to find buyer

Trade figures have said the failure of The Book People to find a buyer, leading to 155 redundancies, could have ramifications for the children's book market.  Continue reading at The Bookseller

[ The Bookseller | 2020-01-14 05:00:29 UTC ]
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Laura Linney narrates audiobook of My Name is Lucy Barton

Penguin Random House Audio will publish an audiobook edition of the stage production of Elizabeth Strout’s Pulitzer Prize-winning novel My Name is Lucy Barton (Viking) by the show’s star, Hollywood actress Laura Linney. Continue reading at The Bookseller

[ The Bookseller | 2020-01-10 15:27:10 UTC ]
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German book market posts small 2019 rise

Even though the holiday season was below par, Germany’s book market narrowly avoided another major disappointment and finished the year on a positive note. Overall sales were up in 2019 by 1.4% in value. In volume they followed a recent pattern and were down marginally, by 0.4%. Continue reading at The Bookseller

[ The Bookseller | 2020-01-08 18:34:07 UTC ]
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Sonny Mehta dies aged 77

Penguin Random House has confirmed the death of Sonny Mehta, editor in chief of Knopf and chairman of the Knopf Doubleday Publishing Group. Mehta died yesterday (30th December) in Manhattan at the age of 77, from complications from pneumonia.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-30 16:18:01 UTC ]
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Bertelsmann to take full control of Penguin Random House

Germany-based media and services company Bertelsmann says it will buy the 25% of publisher Penguin Random House that it doesn't already own for $675 million Continue reading at ABC News

[ ABC News | 2019-12-18 11:47:31 UTC ]
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