Strong performance by PRH as Bertelsmann records highest first half for 12 years

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 ]
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American publishers' half year sales down 3.4%

US publishers’ revenues fell 3.4% year-on-year to $5.37bn (£4.32bn) for the first half of 2016, new statistics from the Association of American Publishers have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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Bertelsmann reports 'record' nine-month operating result

Penguin Random House's parent company Bertelsmann, which has a 53% stake in PRH, says it is expecting its annual group profit to exceed one billion after reporting a record operating result for the first nine months of its current fiscal year. Continue reading at The Bookseller

[ The Bookseller | 2016-11-11 00:00:00 UTC ]
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Digital sales down 19%, but print strong for trade publishers in first half

Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-11-04 00:00:00 UTC ]
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PRH staffer's early-years journal delivered to MOM

Penguin Random House Children’s publishing director Shannon Cullen has signed with Michael O’Mara to publish a journal for parents after a “very competitive” auction. Continue reading at The Bookseller

[ The Bookseller | 2016-10-20 00:00:00 UTC ]
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PRH first-half revenue hit by ebook decline

Global revenues at Penguin Random House fell 10.7% year-on-year in the first half of 2015 due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-09-01 00:00:00 UTC ]
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Quarto half-year revenues rise 8%

Illustrated book publisher and distributor Quarto has seen its revenue rise 8% year-on-year to $73.3m (£56.43m) in the six months ending 30th June 2016. Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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PRH Had 'Solid' First Half, Pearson Says

Pearson, which has a 47% stake in Penguin Random House, reported that Increased benefits from the integration of Penguin and Random House offset "reduced demand" for ebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
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Off Strong Year-End, Bloomsbury Unveils Major Resctructuring

Bloomsbury Publishing reported an 11% increase in both sales and profits in the fiscal year ended February 28, 2016. It also announced that it was accelerating its plan to shift its focus from the consumer to non-consumer area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-19 00:00:00 UTC ]
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Strong first-half results for W H Smith

W H Smith saw a rise in both sales and profits in the first half of 2016, with sales of adult activity books such as colouring books in the run-up to Christmas boosting its books business, the company reported. Continue reading at The Bookseller

[ The Bookseller | 2016-04-14 00:00:00 UTC ]
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Bertelsmann 'eyes 70-75% stake in PRH'

Bertelsmann chief executive Thomas Rabe has said he would "feel comfortable" owning between 70-75% of Penguin Random House in the future. Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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In 2015 Results, Regnery Records First Loss in Six Years

With sales at the conservative press down last year, Regnery is trying to diversify its list and lessen its dependence on frontlist political books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-15 00:00:00 UTC ]
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PRH legal director Peacock to retire after 23 years

Helena Peacock, legal director for Penguin Random House UK and international, is retiring on 30th June after 23 years of service. Continue reading at The Bookseller

[ The Bookseller | 2016-02-23 00:00:00 UTC ]
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Michael Joseph, PRH strong in run-up to Christmas

Penguin imprint Michael Joseph’s Ladybird parodies had another strong week in the final days before Christmas, while the Penguin Random House group dominated the top of the charts. Continue reading at The Bookseller

[ The Bookseller | 2015-12-31 00:00:00 UTC ]
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Bertelsmann 'seeking equity partner to buy PRH'

Bertelsmann is seeking a private equity partner to help it buy out Pearson's stake in Penguin Random House. Continue reading at The Bookseller

[ The Bookseller | 2015-11-26 00:00:00 UTC ]
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These Pictures Of Dogs Taken Over a 12-Year Span Will Make You Hug a Dog

Photographer Amanda Jones talks to Co.Create about her book, Dog Years, in which she revisits her canine photo subjects after 12 years.A parody video last year called Cathood teased the idea of Richard Linklater's real-time aging epic Boyhood, if it were about pets. A new coffee table book... Continue reading at Fast Company

[ Fast Company | 2015-09-01 00:00:00 UTC ]
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Faber records loss in latest financial year

Faber saw a drop in turnover for the year ending March 2015, with a significant increase in its operating loss from the 12 months previous. The publisher’s turnover was £15.9m, down 1.8% from £16.2m the year before. Faber made an operating loss of £813,000, up from £5,000 in the 12 months to... Continue reading at The Bookseller

[ The Bookseller | 2015-08-28 00:00:00 UTC ]
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'Solid' Quarto half-year revenues rise 1%

The chief executive of The Quarto Group, Marcus Leaver, said the company achieved a “solid” set of results in the first half of the year, with revenues rising 1% compared to the same period a year earlier.   For the six months ending 30th June 2015, revenues totalled $66.2m (£42.4m), 1% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-08-14 00:00:00 UTC ]
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HBG Reports Half Year Sales Down 7.8%

A decline in Hachette's 2015 half year sales reflect continuing challenges from a slowdown in ebook sales stemming from its 2014 battle with Amazon over sales terms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-31 00:00:00 UTC ]
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The first half of the year: the c.e.o perspective

Felicity Wood talks to the head honchos of the ‘Big 4’ to get their thoughts on how 2015 has gone so far and what is to be expected in the second half   Anthony Forbes Watson, m.d of Pan Macmillan Continue reading at The Bookseller

[ The Bookseller | 2015-07-11 00:00:00 UTC ]
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