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Posts tagged Random House

Penguin Random House email turns on the schmaltz for agents
July 2, 2013 | 11:47 am

Penguin Random House A kindly correspondent shared with me an email signed by Markus Dohle, CEO of the newly-merged Penguin Random House, that has been circulated to the new mega-publisher's agents—in the same spirit as Bertelsmann's welcoming website banner pictured above. Here is the full text for your edification: To Our Literary Agents, Today, I am proud to write to you from the officially united Penguin Random House. Over the past few months, we have been working through the many financial, legal, and logistical arrangements necessary for the merger to become a reality. But despite the tasks already accomplished, we are really still just at the starting...

Penguin Random House publishing merger: All your books are belong to us
July 1, 2013 | 1:01 pm

Penguin Random HouseThe Big Six today officially became the Big Five, with the formal announcement that UK publishing giant Pearson PLC and German media conglomerate Bertelsmann SE & Co. KGaA have completed the JV merger of Penguin and Random House, to create ... wait for it ... Penguin Random House. The Pearson release declares that this: "will be the first truly global publishing company with operations in the US, Canada, UK, India, South Africa, Australia, New Zealand, Spain, Mexico, Argentina, Uruguay, Colombia and Chile." According to the Bertelsmann release, "Penguin Random House will employ more than 10,000 people worldwide across almost 250 imprints, and...

Random House to Publish Shakespeare Novelizations
June 28, 2013 | 6:49 pm

ShakespeareFrom Mediabistro's GalleyCat comes the intriguing news that Hogarth Press, an imprint of Random House, has commissioned a series of novelizations of Shakespeare's plays, to be written by well-known authors. As the article explains: "The project will open with Anne Tyler rewriting The Taming of the Shrew and Jeanette Winterson retelling The Winter’s Tale. The program will open in 2016, marking the 400th anniversary of the great author’s passing." I must admit, I am intrigued. If they get through the whole cannon of plays and market these with matched cover art and decent promotion, and of course assuming the novels are good, they...

Morning Roundup: Do publishers need a bigger boat?
June 4, 2013 | 9:00 am

Morning RoundupDo Publishers Need a Bigger Boat? (Futurebook) If HarperCollins does merge with Simon & Schuster will that be good news for writers? Or, for that matter, readers? --- Penguin & Random House Merger to Complete in July (Good e-Reader) Penguin and Random House have cleared the last hurdle with their proposed merger with China giving their blessing today. These two companies will officially join forces in July and will account for 1/4 of all books to be published globally. --- What Newspapers Need to Learn from the Disruption in the Auto Industry (paidContent) Newspaper companies might not want to think of their business as being similar to...

Morning Links: The three forces shaping book publishing
April 15, 2013 | 9:20 am

Morning Links The Three Forces That Are Shaping 21st Century Book Publishing (Mike Shatzkin) Seven Must-Consider Strategies for eBook Pricing (Digital Book World) Random House Experiments with eBook Convergence via Black Crown (GoodeReader) Australia to Propose Copyright Reform that Includes Fair Use (Tech Dirt) Kindle Daily Deals: Arab Summer by David Lender (and 3 others)   ...

Morning Links: The return of the social novel
April 14, 2013 | 8:35 am

Morning LinksRandom House creates online narrative game (The Bookseller) "Random House is launching a debut author with a new free-to-play online narrative game, Black Crown." Paper vs. E-Books: Science Answers All Your Questions (Mother Jones) "The implicit feel of where you are in a physical book turns out to be more important than we realized." The Return of the Social Novel (Wall Street Journal) "Last Monday, "Cloud Atlas" was ranked 2,509 on Amazon's best seller list. On Friday, it was No. 7. The surge of sales was thanks to a trailer for a film version of the novel." Kindle Daily Deals: Say You're Sorry by Michael Robotham ...

Average price of best-selling e-books on the decline
April 9, 2013 | 11:45 am

e-booksE-books seem to be costing consumers less money. Digital Book World tracks the prices of e-books on the best-sellers lists every week. Last week, the news site found e-books on the lists averaged more than $8 a book. After a week where a new publisher (Macmillan) allowed discounted prices, the average price of e-books on the best-sellers list dropped to $7.21, a record low, according to DBW. One of the more interesting notes from DBW’s research is that $9.99 doesn’t seem to be a popular price anymore. This price point has been reserved for newer popular books and those that retailers can definitely...

Penguin to Stop Windowing Library Books (Bonus: Cool workaround for Penguin library books)
March 28, 2013 | 12:05 pm

You may have already seen that Penguin is going to stop the windowing of library book titles. That's a good thing, and I applaud the decision. I'd be more excited if my library was part of the 3M system, and if Penguin wasn't having books "expire" and require a repurchase every year, but some library books is better than none, I guess. What's going to be interesting to watch is how the merger of Random and Penguin handle library books. Right now the two companies have completely different policies and pricing, and Random House is in Overdrive, where Penguin isn't. We'll keep...

Feeling Bookish: CEO Ardy Khazaei on the real aims—and real benefits—of the publisher joint venture
March 16, 2013 | 4:45 pm

BookishWhile it’s odd to think of an organization backed by the  Penguin, Hachette and Simon & Schuster as a startup, Bookish, the new book-recommendation and -discovery site is essentially that. After two years in development under three CEOs, Bookish is now a reality, a place where users can get recommendations—based on titles or groups of titles they know they already like—and then, importantly, purchase them. Like the Random House project BookScout, the idea, on one level, is to facilitate discovery across the industry, for the good of the industry. And while users can discover just about any book, the books they can purchase...

Morning Links: Hydra, social reading, mobile education and more
March 13, 2013 | 10:54 am

Q&A: Hydra DP and Digital Publishing Director Allison Dobson on New Author Contracts (Digital Book World) Is Social Reading the Future of Books? I Hope Not! (Good e-Reader) How to Use a Kindle as a Bookmark (Galleycat) Will Mobile Education Arrive in the Digital World? (Media Shift) Kindle Daily Deals: Blood Man by Paul Cleave (and 3 others)  ...

Random House’s Hydra changes contract terms
March 12, 2013 | 9:34 pm

Many publishing insiders and authors have been discussing Random House over the past week. The company might wish it had stayed out of the news as criticisms came down over its digital imprints, especially Hydra, which handles science fiction. In case you missed the news, here’s the basic version: Contract specifications for Hydra were made public, and many realized the terms were not ideal for authors. The digital imprints offered a publishing package with no advance, and with net proceeds that would be split 50/50. In addition, the author would have to pay a one-time fee for set-up costs such as...

Two David and Goliath stories with happy endings
March 12, 2013 | 6:09 pm

David and GoliathTeleRead has earlier covered two stories about some bad publishing experiments: The first was about the scammy contracts Random House was offering authors who signed with their digital-only imprint. The second was about a Canadian newspaper, the National Post, which was trying to extract 'licensing' payments from readers who were trying to quote from their stories in a legal way under fair use rules. In both these stories, I pointed out that neither business was being illegal, per se—but that they were being fishy, and would learn their lesson if people raised a loud enough hue and cry. Well, it's happened! I...