Only days ago, parties from both Pearson and Bertelsmann, the parent companies of Penguin and Random House respectively, were firmly stating that talks of a merger of the two publishers were only speculation at that point, but today the blending of the two companies has been confirmed by statements from the publishers. While details are still vague, although the publishers … [Read more...] about Penguin, Random House Merger Is Official
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Penguin and Random House Merger Creates a Powerhouse Publisher
News has come out that the parent companies of two of the largest trade imprints in the US may be merging in the near future. Rumors that Penguin and Random House may soon become one larger publisher, bringing the Big Six down to the Big Five, circulated following a statement that Pearson and Bertelsmann are in talks. “Pearson confirms that it is discussing with Bertelsmann … [Read more...] about Penguin and Random House Merger Creates a Powerhouse Publisher
Penguin and Random House Might Merge Companies
Parent companies Bertelsmann and Pearson have issued a statement yesterday that the two sides were in negotiations to merge Penguin and Random House. The statement said; “Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House." If this deal occurs, which some said is likely to happen will be the largest publishing merger … [Read more...] about Penguin and Random House Might Merge Companies
Random House Has Positive News for Libraries and Their eBooks
An article in Library Journal affirms what librarians have known but what publishers need to remain aware of: libraries own their ebooks, exactly in the same way that they own print books. This affirmation came directly from one of the Big Six publishers that has been criticized for its business practices concerning ebook lending of its titles. Random House, whose price … [Read more...] about Random House Has Positive News for Libraries and Their eBooks
eBook Review: The Kill Order by James Dashner
Verdict: 3 Stars Prequels come pre-installed with an inherent flaw that brilliant writers can overcome. How will the author hold the readers’ interest and give them new plot morsels and new character development when those same readers have already read—and presumably, enjoyed—the completed series? James Dashner’s prequel to his highly acclaimed The Maze Runner series … [Read more...] about eBook Review: The Kill Order by James Dashner
Random House Profits Enhanced by 50 Shades of Grey
Today Random House announced its earnings for the first half of 2012 and profits have increased by over 20%. The publisher posted a 64% increase in operating profit to $142 million and the 20% increase equated to almost $1.2 billion. This is partly due to mega successful properties, such as 50 Shades of Grey. The titillating trilogy sold more than 30 million copies between … [Read more...] about Random House Profits Enhanced by 50 Shades of Grey
Random House TV to Create Television Shows out of Books
Random House has formed a new entity today in conjunction with Fremantle Media called Random House TV. This broad initiative will create programming for broadcast network, cable, and premium television scripted formats. The two companies will launch a ton of new programming based on the books that are published by Random House. Authors who are under the Random House … [Read more...] about Random House TV to Create Television Shows out of Books
More Publishers Experiment with eBook-Only, eBook-First
An original piece in Publisher’s Weekly revealed that more and more traditional publishers are trying out the ever-growing publishing tactic of digital only books, or at least digital first. Over a year ago, traditional publishers like Harlequin made headlines and raised eyebrows by announcing the formation of imprints within their publishing houses that were dedicated to … [Read more...] about More Publishers Experiment with eBook-Only, eBook-First
eBook Startup Livrada Could Save the Brick and Mortars
Laura Hazard Owen of paidContent.org wrote an article on new ebook startup Livrada, a company whose goal is to make digital book gifting more appealing to consumers. By selling gift cards in the electronics sections of Target’s 1,771 stores that are specific to the titles of certain bestselling books, Livrada aims to let consumers give ebooks for Nooks or Kindle as gifts while … [Read more...] about eBook Startup Livrada Could Save the Brick and Mortars
Random House Merges Top Publishing Companies in Canada
Random House has merged publishing companies McClelland & Stewart and Doubleday into a single entity. It will now be known as the McClelland & Stewart Doubleday Canada Publishing Group. Brad Martin the CEO of Random House said that “When we assumed full ownership of McClelland & Stewart in January we committed to further developing its tremendous print and … [Read more...] about Random House Merges Top Publishing Companies in Canada
Penguin, Random House Connecting Authors with Readers via Social Media Platform Spreecast
GoodEReader has covered some recent news about social media platforms and the importance of authors establishing themselves online in order to connect with readers, writers, and industry professionals. One of those platforms, Spreecast, has proven itself invaluable to a variety of ways that digital reading fans operate. The first Spreecast hosted by this site was a live … [Read more...] about Penguin, Random House Connecting Authors with Readers via Social Media Platform Spreecast