Penguin Random House has jumped into the fight against book bans, entering a sensitive debate that is playing out in school boards and statehouses across the country. At risk: potentially alienating a large chunk of customers on an issue at the crux of culture wars that have polarized the nation in ways not seen in decades.” Those who push for book bans often “believe they … [Read more...] about Penguin Random House Fights Book Ban
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PRH Leads Children Picture Book Bestsellers
Penguin Random House (PRH) is the leader among publishers on PW’s picture book bestseller lists. In 2023, the publisher strengthened its grip, nabbing 40% of total available list positions, up from 33% in 2022. In 2023, PRH landed 72 titles on the list, and those titles occupied 519 positions. Eric Carle’s classic The Very Hungry Caterpillar was on the list for the entire … [Read more...] about PRH Leads Children Picture Book Bestsellers
Penguin Random House India Commits to 100% Recycled Paper
Penguin Random House India has announced its transition to 100% recycled paper for books. Ajay Joshi, the company's vice president for supply chain and production, told Publishing Perspectives: “Penguin recognizes the immense responsibility we shoulder as users of paper. Therefore, being eco-friendly and having sustainable practices are of utmost importance. We were one of … [Read more...] about Penguin Random House India Commits to 100% Recycled Paper
Penguin Random House Saw an 11% Drop in Profits in 2022
Sales at Penguin Random House (PRH) increased by nearly 5% in 2022. However, the increasing costs led to an 11.8% decrease in PRH's earrings. This further resulted in a drop in the earnings of the American book publisher to €666 million. High inflation and supply chain challenges added to a 20.7% drop in earnings at PRH by the first half of 2022. When we compare this to … [Read more...] about Penguin Random House Saw an 11% Drop in Profits in 2022
Penguin Random House is removing audiobooks from Scribd
Yesterday, Good e-Reader broke the news that Penguin Random House, one of the largest publishers in the world were removing audiobooks and ebooks from unlimited platforms all over the world. This included companies like Bookbeat from the United Kingdom, Storytel from Sweden and also Nextory. Scribd is one of the largest unlimited platforms in the world, they have over one … [Read more...] about Penguin Random House is removing audiobooks from Scribd