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PRH 2023 results flat, despite revenue rise

Cover of Wifedom 27 March 2024
While Penguin Random House (PRH) recorded a 7% revenue rise worldwide for the full year 2023—to €4.53 billion (A$7.51b), up from €4.22 billion (A$7.00b) in 2022—profit dropped slightly, down by...

Dylan Thomas Prize 2024 shortlist announced

26 March 2024
In the UK, the Swansea University has announced the shortlist of the 2024 Dylan Thomas Prize. The shortlisted titles, chosen from a longlist announced in January, are: A Spell of...

‘The Bee Sting’ wins Nero Book Prize

Cover of The Bee Sting 18 March 2024
The Bee Sting by Paul Murray (Hamish Hamilton) has won the overall Nero Book Prize, worth £30,000 (A$57,684). Murray’s novel was chosen unanimously as the winner by a judging panel chaired...

Carnegie Medal 2024 shortlists announced

14 March 2024
In the UK, the 2024 shortlists for the Carnegie Medal for Illustration (previously known as the Kate Greenaway Medal for Illustration) and the Carnegie Medal for Writing have been announced....

Global book report highlights growing book prices

13 March 2024
A new Nielsen BookData-GfK study of the global book market has found that publishing revenue and book prices grew in many countries in 2023, reports Publishing Perspectives. The Global Book...

International Booker Prize 2024 longlist

12 March 2024
The longlist for the 2024 International Booker Prize, worth £50,000 (A$96,900), has been announced. The titles in the running for this year’s prize are: The Silver Bone (Andrey Kurkov, trans...

Amazon ebook anticompetition lawsuit to proceed

6 March 2024
In the US, a federal judge has formally adopted a magistrate judge’s recommendation that a consumer class action against Amazon for anticompetitive conduct in relation to the ebook market be...

Spotify adds audiobook-only subscription offer

4 March 2024
Music streaming platform Spotify has announced a new subscription category ‘for literary enthusiasts who are looking for more audiobook-specific content’. The new audiobooks access tier, available only in the US...

Lagardère global publishing revenue up 2.2%

29 February 2024
Lagardère, the parent company of Hachette, has reported its publishing revenue for 2023 came in at €2.8 billion (A$4.7b) for 2023, up 2.2% on 2022 as reported and up 1.9%...

UK indies struggling to find distribution post-Grantham

21 February 2024
In the UK, independent publishers are finding distribution ‘particularly challenging’ following last year’s announcement that Grantham Book Services (GBS) will close in 2025, reported the Bookseller. ‘The reality is that...

European publishers welcome EU agreement on AI Act

8 February 2024
In Europe, the Federation of European Publishers (FEP) has welcomed the European Union voting in favour of what the FEP calls the 'world's first concrete regulation of AI', reported the Bookseller....

Indigo considers offer to take chain private

7 February 2024
In Canada, the board of the Indigo Books & Music bookselling chain, headed by former Penguin Random House CEO Markus Dohle, has established a special committee of independent directors to...