Penguin Random House's parent company Bertelsmann has reported its highest first half for 12 years with €8.6bn group revenues, with PRH’s successful performance attributed to “strong bestsellers, high growth rates in audio formats, and acquisitions”. Continue reading at 'The Bookseller'
[ The Bookseller | 2019-08-29 03:19:02 UTC ]
The April 2024 StatShot report from the Association of American Publishers tracks especially strong performance in digital audio. The post AAP StatShot: US Book Trade Was ‘High-Performing’ in April appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-06-17 15:00:07 UTC ]
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Qualcomm is said to have new Arm-based laptops of its own in the pipeline, while consumer versions of the new Surface Pro 10 and Surface Laptop 6 that run on the Snapdragon X Elite chipset are believed to be on the way. While that in the past would have meant the makers of x86- and x64-based... Continue reading at Engadget
[ Engadget | 2024-03-22 15:25:41 UTC ]
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If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most... Continue reading at Engadget
[ Engadget | 2024-01-11 22:00:11 UTC ]
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Praising a strategy for letting PRH publishers work 'more creatively and entrepreneurially,' Bertelsmann's Thomas Rabe announces Nihar Malaviya the company's permanent worldwide CEO. The post Nihar Malaviya Made Permanent PRH CEO by Bertelsmann appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-19 05:41:40 UTC ]
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German media group RTL Deutschland says it will stop publishing almost two dozen print magazines and seek to sell a similar number Continue reading at ABC News
[ ABC News | 2023-02-07 13:23:50 UTC ]
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In September, Florence Pan was confirmed as the newest judge on the U.S. District Court of Appeals for the District of Columbia Circuit. But before she could assume that new position, she became known in publishing circles as the judge who presided over the U.S. v. Bertelsmann SE & Co. KGAA... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
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The recent explosion in content has created the need not only for more sophisticated tools to manage it, but better ways to attach data and analytics to the content in order to better optimize it at the right time for the right opportunity. Continue reading at Digiday
[ Digiday | 2022-11-22 05:01:00 UTC ]
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Penguin owner Bertelsmann will not appeal US judge’s ruling that merger would be illegal because it would hit authors’ payPenguin Random House, the world’s largest book publisher, and rival Simon & Schuster have scrapped a $2.2bn deal to merge, Penguin’s owner said in a statement on... Continue reading at The Guardian
[ The Guardian | 2022-11-21 22:41:38 UTC ]
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High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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'Overall, the US book market is turning in a very strong performance by historic norms,' says NPD BookScan's Kristen McLean. The post United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-04-15 15:51:56 UTC ]
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Paul Kelly and Rebecca Smart will take over as co-CEOs of DK worldwide June 1 when its current CEO, Carsten Coesfeld, moves to head Bertelsmann Investments. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-06 04:00:00 UTC ]
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This summer, the courts will rule on Bertelsmann subsidiary PRH’s planned purchase of Simon & Schuster. But 24 years ago, the industry was agape over Bertelsmann’s acquisition of Random House. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-25 04:00:00 UTC ]
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The Department of Justice is aiming to begin court proceedings against Penguin Random House owner Bertelsmann on 1st August 2022, in a bid to block the publisher from acquiring Simon & Schuster in a $2.2bn deal. Continue reading at The Bookseller
[ The Bookseller | 2021-12-12 18:18:18 UTC ]
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Another strong performance by adult fiction was not enough to prevent unit sales of print books from falling 1.2% last week compared to the week ended September 12, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-16 04:00:00 UTC ]
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Helped by a strong performance in the fourth quarter ended April 30, 2021, revenue at John Wiley rose 6% in fiscal year 2021 over fiscal 2020. The company reported operating income of $185 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-10 04:00:00 UTC ]
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Bertelsmann is expanding its footprint in Brazil’s fast-growing education market, buying a major stake in medical company Afya. Continue reading at The Bookseller
[ The Bookseller | 2021-06-08 11:31:52 UTC ]
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'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
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People want stories and that means cultivating a publishing ecosystem where big and small can flourishThis week both the UK’s Competition and Markets Authority and the Department of Justice in the US announced investigations into the planned $2.2bn acquisition of the publisher Simon &... Continue reading at The Guardian
[ The Guardian | 2021-03-28 17:25:47 UTC ]
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CMA says it is considering whether Penguin Random House’s $2bn deal would lessen competitionAuthors fear the worst if Bertelsmann takes over Simon & SchusterThe UK competition watchdog has launched an investigation into Penguin Random House’s $2bn (£1.45bn) takeover of Simon & Schuster,... Continue reading at The Guardian
[ The Guardian | 2021-03-22 09:00:30 UTC ]
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Penguin Random House owner Bertelsmann has extended Thomas Rabe’s contract as chairman and c.e.o. for another five years. Continue reading at The Bookseller
[ The Bookseller | 2021-01-21 01:01:48 UTC ]
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