This week the vast majority of major publishers have released financial figures for the first six months of 2016. Simon & Schuster and Hachette experienced declines in e-book sales and gave generalized figures. Things are so bad at Penguin Random House that they did not even break down digital sales, they merely said there was a "reduced demand for e-books." The U.S. … [Read more...] about Penguin Random House Refuses to Divulge e-Book Sales
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US Courts Approve Random House and Penguin Merger
The proposed merger between Bertelsmann and Pearson's publishing divisions have just received approval by the US Department of Justice. This is a very important milestone for the join venture to be finalized by the 2nd half of 2013. When Pengion and Random House end up joining forces, under one roof, it will account for 1/4 of all book releases in the Western World. Thomas … [Read more...] about US Courts Approve Random House and Penguin Merger