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 […]
Archives for March 2026
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.
Women’s Prize for Nonfiction Shortlist
Callaway Arts & Entertainment Files For Bankruptcy
Callaway Arts & Entertainment, the illustrated publisher founded by Nicholas Callaway, has filed for Chapter 11 Bankruptcy in U.S. Bankruptcy Court for the Southern District of New York. Resuscitated after unsuccessful digital adventures including Calloway Digital Arts (which dubbed itself the “’love child’ of ‘Random House and Pixar'”) and Happy liftestyle apps, recent Calloway Arts titles include The Beatles: Get Back, and Bob Dylan: Mixing Up the Medicine. Alas the list of the company’s 20 largest unsecured creditors — totaling approximately $4.15 million — includes Dylan (owed $450,000) and their distributor Hachette Book Group (owed $1,691,674). Two staff members are owed over […]