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Sales, earnings up at PRH in 2018

27 March 2019

Penguin Random House (PRH) parent company Bertelsmann has reported a slight rise in sales and earnings at the publisher in 2018, with revenue up 1.9% to €3.4 billion ($A5.37bn) and...

Bertelsmann to acquire Relias Learning

22 October 2014

Multinational media company Bertelsmann will acquire US elearning provider Relias Learning, reports the Bookseller. Bertelsmann said in a statement that it will spend ‘in the mid-hundreds of millions’ of US...

EU findings on Penguin Random House merger due in April 

28 February 2013

The European Union will release its initial decision on the proposed merger of Penguin and Random House by 5 April, reports the Bookseller. The EU’s antitrust regulators are currently investigating whether...

Bertelsmann to acquire 100% of Random House Mondadori 

8 November 2012

Random House parent company Bertelsmann has announced it has agreed to purchase all shares in Random House Mondadori, its trade book publisher in Spain and Latin America. Random House Mondadori was...

News Corp interested in Penguin

29 October 2012

HarperCollins parent company News Corporation has indicated it is interested in acquiring Penguin, reports the Sunday Times. News Corporation chairman and chief executive Rupert Murdoch is reported to have indicated...

Random House, Penguin to merge

29 October 2012

Pearson and Bertelsmann have announced that they will merge the Penguin and Random House businesses. Bertelsmann said in a statement on Monday 29 October that the new business will be called...

Merger talks between Penguin, Random House confirmed

26 October 2012

In the UK, Pearson has confirmed that it is discussing ‘a possible combination of Penguin and Random House’ with Bertelsmann. Pearson said in a statement that the two publishers ‘have...

Management buyout at Doubleday Australia 

8 July 2010

The management team of membership-based retailer Doubleday Australia has purchased the company from its former owners Bertelsmann under the entity A&WN Trust. Doubleday Australia managing director Andrew Nikas will continue...