Having doubled Bertelsmann’s book division revenues and ‘quintupled its profit,’ Markus Dohle is leaving as PRH’s first worldwide CEO.
‘We will always champion the free flow of ideas and the written word,’ Markus Dohle tells his worldwide staff in his earnings memo.
‘Globally, people turned to books’ in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year.
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.