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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Scotland: PRH UK’s ‘Lit in Colour’ Book-Vending Machine

The diversity-led 'Lit in Colour' program at Penguin Random House UK places a vending machine at Scotland's Linlithgow Academy. The post Scotland: PRH UK’s ‘Lit in Colour’ Book-Vending Machine appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-28 20:01:47 UTC ]
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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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Prince Harry’s ‘Spare’ Comes Out in Paperback This October

Penguin Random House has announced the forthcoming paperback edition of the Duke of Sussex’s memoir, which will be released in the U.S. on October 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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Nihar Malaviya Names Amanda D’Acierno To Lead PRH Audio Worldwide

Amanda D'Acierno is named as the global president of Penguin Random House Audio, after leading PRH audio in the US since 2008. The post Nihar Malaviya Names Amanda D’Acierno To Lead PRH Audio Worldwide appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-21 17:32:12 UTC ]
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Amanda D’Acierno Named Global President of PRH Audio

The longtime president and publisher of Penguin Random House Audio Group in the U.S. will join the company’s global executive committee and add its global audiobook program to her purview. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-21 04:00:00 UTC ]
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Penguin Random House Opens Its Audio Narrator Mentorship

The Penguin Random House Audio Narrator mentorship is a six-month program, opening its fifth session in January. The post Penguin Random House Opens Its Audio Narrator Mentorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-13 21:21:54 UTC ]
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PRH Audio Opens Applications for Fifth Narrator Mentorship Session

Penguin Random House Audio has opened the application process for the fifth session of its narrator mentorship program, which aims to increase diversity and inclusion within the audiobook industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-13 04:00:00 UTC ]
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Expanding Digital Reading in Brazil: Calling All Telcos

As Brazil's book market has struggled, partnerships with telecommunication companies has expanded access to ebooks and audiobooks. The post Expanding Digital Reading in Brazil: Calling All Telcos appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-08-08 22:02:27 UTC ]
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AAP StatShot: US Trade Publishing Up 16.5 Percent in May

Increases in adult nonfiction and children's fiction sales contributed to strong numbers in May's StatShot report on the US book market. The post AAP StatShot: US Trade Publishing Up 16.5 Percent in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-07-18 19:44:56 UTC ]
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PRH's Annette Danek-Akey to Head B&N Supply Chain

Danek-Akey will leave her position as chief supply chain officer at Penguin Random House at the end of August to help with Barnes & Noble's expansion of its retail footprint. With her departure, Jeff Abraham has been promoted to COO of PRH US. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-15 04:00:00 UTC ]
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Author Challenges ChatGPT to Writer a Better Beach Read

A bestselling author takes on the bots, Penguin Random House acquires a comics publisher, an epic bookstore roadtrip, and more. Continue reading at Book Riot

[ Book Riot | 2024-07-11 15:00:00 UTC ]
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New CEO for PRH Verlagsgruppe

Christian Jünger has been named CEO of Penguin Random House’s German publishing group, Penguin Random House Verlagsgruppe. Jünger has been managing director of the Holtzbrinck Publishing Group’s Rowohlt Verlag division since 2021, and will join PRH on October. 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-09 04:00:00 UTC ]
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Blue Star Press Steps Up

Bend, Ore.–based publisher Blue Star Press's purchase of Sasquatch Books from Penguin Random House earlier this month is the latest effort by the company's cofounder and CEO Peter Licalzi to build a mid-size independent publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-21 04:00:00 UTC ]
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Children’s Institute 2024: Reading for the Joy of It

Renée Watson's breakfast keynote, panel discussions on underperformance in the children's book market and the ongoing surge in book bans, and a wall-to-wall evening author reception were among the highlights on a busy second day of CI 2024. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-12 04:00:00 UTC ]
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In Prague, a Second Year for a Central European Emphasis

Focused on networking and Eastern and Central Europe, Prague's Book Market and fair include a professional program. The post In Prague, a Second Year for a Central European Emphasis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-28 11:35:09 UTC ]
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V. V. Ganeshananthan Wins the $150,000 Carol Shields Prize

The 2024 Carol Shields Prize for Fiction goes to V. V. Ganeshananthan for her Penguin Random House release, Brotherless Night. The post V. V. Ganeshananthan Wins the $150,000 Carol Shields Prize appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-22 17:15:43 UTC ]
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2 top Penguin Random House editors leaving amid ongoing changes at publishing house

Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change Continue reading at ABC News

[ ABC News | 2024-05-21 00:54:12 UTC ]
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TokyoPop Moves Its Distribution to Penguin Random House

Beginning January 1, Penguin Random House Publisher Services will sell and distribute the entire TokyoPop frontlist and backlist across all sales channels worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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TokyoPop Moves Its Distribution to Penguin Random House

Beginning January 1, Penguin Random House Publisher Services will sell and distribute the entire TokyoPop frontlist and backlist across all sales channels worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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PW Sales Rep of the Year 2024 Finalist: Sherry Virtz

The Penguin Random House district sales manager, who handles indie bookstores from Pennsylvania through North Carolina, is celebrated for her personal touch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-18 04:00:00 UTC ]
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