The major trade publishers do not appear in imminent danger of fading away. With Random House’s release of 2011 financial results late last month, the four large trade houses that report results all posted operating margins that topped 10%. Although the four companies—Lagardère Publishing (parent company of Hachette Book Group), Random House, Penguin Group, and Simon & Schuster—all use slightly different ways to measure operating earnings, the uniformity of margins was remarkably close: two companies had margins of 10.8% and two others had a 10.6% margin. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2012-04-06 00:00:00 UTC ]
Beginning Tuesday, Random House will join other major book publishers in selling its ebooks using the so-called agency model, setting its own prices for ebooks while the retailer takes a commission. Continue reading at The New York Times
[ The New York Times | 2011-03-01 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 25/02/2011 - 08:45 The UK's big four publishing groupsPenguin, Hachette, Random House and HarperCollinscould be the worst hit in terms of exposure to the ANZ market according to Nielsen BookScan data, following REDgroup's collapse in... Continue reading at The Bookseller
[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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