Simon & Schuster will sell and distribute Bedford Square Publishers in the US, Canada, and the open market beginning April 1.
People 3/26
Profits Slip At PRH in 2025
Bertelsmann announced results for the full year 2025. Sales at Penguin Random House globally were €4.981 billion, up 1.3 percent (or €61 million from the previous year), with organic growth up 3.3 percent. Adjusted operating EBITDA fell 4.7 percent, down €35 million to €704 million “primarily due to growth-related expenses in the US core business along with negative exchange rate effects,” the earnings report states. Foreign exchange reduced sales by 3.9 percent, in large part due to the weakened US dollar. “Despite increased revenues, our profitability continued to be impacted by rising costs that all of us are feeling in […]
Forthcoming: AN UNEXPECTED LIFE by Gloria Steinem, SEE IT TO BE IT by Billie Jean King
Random House will publish Gloria Steinem‘s memoir, AN UNEXPECTED LIFE, on September 22. According to a release, the book “traces her early life and the unlikely path that led her to become one of the world’s most influential voices for equality.” “Moving between memory and the present, Steinem examines the progress and setbacks of more than sixty years of activism and offers a message to new generations about what the ongoing fight will require—and the imagination it will demand,” a release states. VP, executive editor Jamia Wilson acquired world rights from Kim G. Schefler at Levine Plotkin. Elsewhere, Calkins Creek/Astra […]
People 3/25
Distribution: Advantage/The Authority Company
Hybrid business book publisher Advantage/The Authority Company will now be sold and distributed by Simon & Schuster.