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Oct 26 2012: Speculation about the future of Penguin began in earnest earlier this month when Pearson CEO Marjorie Scardino announced she would be leaving in January and several observers noted that the change put into question Pearson's ownership of the Financial Times Group and ...
Oct 26 2012: Amazon posted a third quarter net loss of $274 million on a sales increase of 27%, to $13.8 billion. The loss was higher than analysts had expected and was attributed to a host of investments, ranging from new Kindles to new warehouses.
Oct 25 2012: Pearson has confirmed that it is in talks with Bertelsmann regarding a potential merger between Penguin and Random House. It would be the first major structural shift in the global publishing industry since 2006 when French media firm Lagardère acquired Time Warner Book...
Oct 23 2012: 83% of Americans between the ages of 16 and 29 read a book in the past year. Some 75% read a print book, 19% read an e-book, and 11% listened to an audiobook.
60% of Americans under age 30 used the library in the past year. Some 46% used the library for research, 38%...
Oct 18 2012: Newsweek will end its print edition on December 31st, after 80 years of continuous publishing. The magazine will continue to have a presence in digital format in partnership with The Daily Beast.
Oct 18 2012: The Asian Literary Prize is looking for a new sponsor as Man Group plc, also the sponsor of the Booker Prize, is to cease its funding as of March 2013.
Professor David Parker, executive director of the prize, said today: "I would like to thank Man Group for the ...
Oct 16 2012: Actor Johnny Depp is partnering with HarperCollins to start an imprint, Infinitum Nihil ("Nothing is forever"), that will seek "authentic, outspoken and visionary ideas and voices," the Associated Press reported. Depp's imprint shares its name with his production ...
Oct 16 2012: Hilary Mantel has won the 2012 Man Booker Prize for her historical novel, Bring Up the Bodies. This is the second time Ms Mandel has won the prize, after winning with Wolf Hall in 2009. It is the first time the Committee has awarded the prize to a sequel, and the first...
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