Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four.
The chatter is getting louder around the Simon & Schuster sale story, with News Corp arriving as another name associated with the process.
ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann’s chief says he’s interested.
Penguin Random House anticipates a full transition to green energy by 2022, writes Markus Dohle, well ahead of some of the new Bertelsmann guidelines.
Bertelsmann announces a ‘Content Alliance’ to explore ‘stronger cooperation among all Bertelsmann content businesses’ like books, film, tv and magazines.
‘Underlying operating revenue and profit numbers for Penguin Random House in US dollars have been stable year-over-year,’ Markus Dohle tells PRH staff, following the half-year report from Bertelsmann.
PRH’s acquisition will expand the international reach of merchandiser Out of Print. And Bertelsmann Education Group expands with WhiteCloud Analytics.
The Salon du Livre in Paris invites the UAE to be its 2018 Guest of Honor. And Penguin Random House CEO Markus Dohle cites the importance of diversity.
Random House Germany will bring the iconic Penguin brand to German readers with the launch of Penguin Verlag. The first titles will come out in 2016.
Bertelsmann’s Random House will now own 100 percent of the shares in Random House Mondadori, its trade book publisher in Spain and Latin America.