Bertelsmann reported results for the first half of the year on Thursday, with sales at Penguin Random House+ (the PRH joint venture, plus the separate Random House Germany) registering €1.650 billion, up €168 million from a year ago. Operating EBITDA grew to €227 million, up €56 million compared to the first half of 2018. As PRH ceo Markus Dohle celebrated in his letter to staff, “Penguin Random House’s top- and bottom-line revenue is up overall in most of our key markets.” Bertelsmann attributed the gains to strong bestsellers (Michelle Obama’s BECOMING — which sold another 2.8 million units in the […]
