Profits Fell 11% at Penguin Random House in 2022
Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million.
Source: publishersweekly.com
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Penguin Random House Announces New Leadership After a Turbulent Period
The country’s largest publisher has had a rocky few months since a deal to buy a rival fell through, and some of its top executives left.
Source: nytimes.com
Penguin Random House Reorganizes
Random House and Crown are separate publishing groups once more under a new structure that does not include a replacement departing PRH US CEO Madeline McIntosh.
Source: publishersweekly.com
An Author's Thank You to Gina Centrello
Author Lorenzo Carcaterra looks back at nearly a quarter century working with the retired Random House editor.
Source: publishersweekly.com
Penguin Random House Prepares to Rebuild
Two CEOs have stepped down. A storied executive has retired. And a big legal loss isn't entirely in the rearview mirror. This year, the U.S. book market's biggest publisher is planning some major structural changes.
Source: publishersweekly.com