‘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.
Acquisition Notes: PRH Buys Out of Print; Germany’s Bertelsmann Buys WhiteCloud
PRH’s acquisition will expand the international reach of merchandiser Out of Print. And Bertelsmann Education Group expands with WhiteCloud Analytics.
Industry Notes: UAE Named Paris Guest of Honor 2018; Penguin’s Dohle Cites ‘Commitment to Print’
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.
Penguin Comes to Germany
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 Buys 100% of Random House Mondadori
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.
Random House and Penguin in Talks over Potential Merger
Pearson and Bertelsmann are in talks over a potential merger of Random House and Penguin, giving them a combined 25% market share in the US and UK.
Latest Publishing News from Brazil: Santillana, Bertelsmann Make Big Moves
This week’s issue of PublishNewsBrazil finds three publishers among the global elite, while tracking big investments in Brazil by Santillana and Bertelsmann.
Booquo Launches €9.99 Subscription E-book Club in Spain
Backed by Bertelsmann and Planeta, Spain’s Booquo has begun offering all you can read for €9.99 a month from a curated catalog of 300 mostly backlist titles.
Rethinking Book Club Biz, Bertelsmann Disbands “Direct Group”
After scaling back its book club business over the last three years, Bertelsmann is disbanding its Direct Group as a stand-alone division as of June 30th.
Random House, Others Begin Supplying German Kindle Content
By Siobhan O’Leary As Amazon publicly seeks PR experts to market the Kindle program in Germany, speculation is on the rise that a dedicated German Kindle store is on the horizon. For real this time. To this point, Kindle customers on the search for German-language books have more or less been left out in the cold. Until recently, the German selection …
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