In a memo from CEO Markus Dohle, Penguin Random House announces majority ownership in Brazil’s largest trade publisher, Companhia das Letras.
In organizational and corporate changes this month, the International Publishers Association’s elections refresh committees while Penguin Random House US repositions Crown Publishing.
What CEO Markus Dohle calls ‘a natural extension and complement’ to PRH’s work in Southeast Asia, the new company will have a 50-title output at the start.
Kuala Lumpur is the 2020 World Book capital; more political books in the US released and compete with growing sales of Woodward’s ‘Fear’; and PRH has a new CFO.
‘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.
A new Penguin Random House site for educators markets curriculum-relevant titles from both the frontlist and backlist. And two programs are providing tens of thousands of Cengage’s new subscription to students.
Princeton University Press announces its PUP Audio division with four frontlist titles for the fall. And Penguin Random House Ireland partners with the charity Fighting Words on a student anthology.
Goodreads is credited by Penguin Press for helping to rapidly build the popularity of bestseller ‘Little Fires Everywhere’ and generating 30,089 ‘Want to Read’ signals by release date.
The market is ‘robust and solid,’ the BookExpo audience hears from three of the biggest books CEOs in the world. It’s just the consumers who keep changing.
The global chief of Penguin Random House names Kristin Cochrane to the role of CEO in Canada. And in Sweden, the national universities’ and research consortium says it can’t get the open-access arrangements it needs from Elsevier.