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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CI2023: Trends in the Children’s Book Market

Circana's Brenna Connor assessed “The State of the Children’s Book Market” for Children’s Institute 2023 in Milwaukee, speaking about transformations, troubles, and growth opportunities across the children’s, middle grade, and YA sectors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
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In Paris, BIEF Celebrates Its 150th Year: ‘Open Marketplace’

With its Paris Book Market opening today, BIEF is observing 150 years of its service to French publishing in the international industry. The post In Paris, BIEF Celebrates Its 150th Year: ‘Open Marketplace’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-02 17:27:52 UTC ]
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Why the world's largest publisher found a book-ban lawsuit in Florida 'irresistible'

PEN America and publisher Penguin Random House filed a federal suit against Escambia County School District over its removal of books from school libraries. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-05-18 17:34:04 UTC ]
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PEN America and Penguin Random House Sue School District Over Book Bans

PEN America and publisher Penguin Random House filed a law suit today against a school district for book bans. Continue reading at Book Riot

[ Book Riot | 2023-05-17 16:28:56 UTC ]
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PEN America, Penguin Random House Sue Florida School District Over 'Unconstitutional' Book Bans

PEN officials called the suit a "first-of-its-kind challenge to unlawful censorship," bringing together concerned parents, authors, and a major publisher. "Censorship, in the form of book bans like those enacted by Escambia County, are a direct threat to democracy and our Constitutional rights,"... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-17 04:00:00 UTC ]
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U.S. Book Show 2023: Emily Bates

Emily Bates, senior manager for in-house sales of Penguin Random House adult titles, calls herself a “jack-of-all-trades” rep. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
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Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers inBen Smith is a willing passenger on the rollercoaster also known as the internet. He reported for Politico, was founding editor-in-chief at BuzzFeed News and did a stint as a... Continue reading at The Guardian

[ The Guardian | 2023-04-29 06:00:28 UTC ]
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Unseen Gabriel García Márquez novel to be published next year

Colombian author’s En Agosto Now Vemos (We’ll See Each Other in August) had been just a rumour but now fans will get to read itRumours had long circulated that an entire literary masterpiece, never seen by the public, could still be lying in a dusty safe held by the late author’s family or under... Continue reading at The Guardian

[ The Guardian | 2023-04-28 21:10:15 UTC ]
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UK publishing industry reports record-breaking year in 2022

There were 669m physical books sold in the UK last year, according to new figures from the Publishers AssociationThe UK publishing industry had a “record-breaking year” in 2022, with a total income of £6.9bn.A Year in Publishing, a look at the state of the book market by trade body the... Continue reading at The Guardian

[ The Guardian | 2023-04-17 11:26:08 UTC ]
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Profits Fell 11% at Penguin Random House in 2022

Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-30 04:00:00 UTC ]
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Train tomes: Exeter St Davids station opens book vending machine

Penguin Random House has installed a machine in the Devon city’s station, enabling travellers to buy a changing raft of titles, inspired by company founder Allen LaneCommuters at Exeter St Davids station in Devon will now have the option to buy a book using a vending machine, after publisher... Continue reading at The Guardian

[ The Guardian | 2023-03-27 11:49:47 UTC ]
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Internet Archive violated publisher copyrights by lending ebooks, court rules

A federal judge has ruled against the Internet Archive in its high-profile case against a group of four US publishers led by Hachette Book Group. Per Reuters, Judge John G. Koeltl declared on Friday the nonprofit had infringed on the group’s copyrights by lending out digitally scanned copies of... Continue reading at Engadget

[ Engadget | 2023-03-25 16:46:29 UTC ]
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Hitting the Books: How 20th century science unmade Newton's universe

Science is the reason you aren't reading this by firelight nestled cozily under a rock somewhere however, its practice significantly predates its formalization by Galileo in the 16th century. Among its earliest adherents — even before pioneering efforts of Aristotle — was Animaxander, the Greek... Continue reading at Engadget

[ Engadget | 2023-03-12 14:30:52 UTC ]
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PRH Among New Investors in Rebel Girls

Rebel Girls, the media company whose mission is to instill confidence in girls, raised $8 million in a new funding round, with Penguin Random House its lead investor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-06 05:00:00 UTC ]
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Penguin Random House’s Nihar Malaviya Announces Reorganization

Penguin Random House interim CEO Nihar Malaviya says that international division chiefs will continue to report to him. The post Penguin Random House’s Nihar Malaviya Announces Reorganization appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-28 17:11:50 UTC ]
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Random House, Crown Made Separate Groups in PRH US Reorg

The highlight of a new operating structure for Penguin Random House is the creation of separate Random House and Crown adult publishing groups. No replacement has been named for departing PRH US CEO Madeline McIntosh. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
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Roald Dahl collection to be published in original form later this year

Publisher Penguin Random House announced Friday it will publish "classic" versions of Roald Dahl's children's novels after it received criticism for cuts and rewrites that were intended to make the books suitable for modern readers. Continue reading at CBC

[ CBC | 2023-02-24 14:35:12 UTC ]
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Penguin to publish 'classic' Roald Dahl books after backlash

Publisher Penguin Random House says it will publish “classic” unexpurgated versions of Roald Dahl’s children’s novels, after criticism of cuts and rewrites intended to make the books suitable for modern readers Continue reading at ABC News

[ ABC News | 2023-02-24 14:04:19 UTC ]
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Penguin to publish 'classic' Roald Dahl books after backlash

Publisher Penguin Random House says it will publish “classic” unexpurgated versions of Roald Dahl’s children’s novels, after criticism of cuts and rewrites intended to make the books suitable for modern readers Continue reading at ABC News

[ ABC News | 2023-02-24 14:03:22 UTC ]
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Bologna Focus: Italy’s €283 Million Children’s Book Market

At Bologna Children's Book Fair, the AIE and Bologna Book Plus will look at young readers' growing place in the Italian market. The post Bologna Focus: Italy’s €283 Million Children’s Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-15 15:52:17 UTC ]
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