If you’re not on commission or the bonus track at Bertelsmann‘s toddling Penguin Random House megapublisher, there’ll be a nice tip for you come April 17: An extra $750 in your paycheck ...

Confirmation that Pearson will merge its Penguin Books division with Random House, which is owned by German media company Bertelsmann, will create the world’s largest publisher of consumer books ...

Publishing giants Pearson and Bertelsmann have announced they are creating a joint venture to pool their respective consumer publishing businesses, Penguin and Random House, in a bid to go the ...

Penguin Random House, the world’s largest publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann said in a statement. Bertelsmann ...

BERLIN—Germany’s Bertelsmann SE will acquire full ownership of Penguin Random House, paying $675 million to increase its stake in the publisher by 25% and bring the bookseller within its ...

"Following the antitrust decision in the U.S. against the merger of Penguin Random House and Simon & Schuster, I have decided, after nearly 15 years on the Executive Board of Bertelsmann and at ...

“Following the antitrust decision in the U.S. against the merger of Penguin Random House and Simon & Schuster, I have decided, after nearly 15 years on the Executive Board of Bertelsmann and at ...

The company's origin is international, with the merger of Random House (Bertelsmann Group) with Penguin (Pearson Group) in 2013. In Spain, the Penguin Random House Grupo Editorial has risen to ...

Penguin Random House parent company Bertelsmann has agreed to a “strategic collaboration” with OpenAI to use ChatGPT technology across many of its operating units. According to the ...

Revenues at European media giant Bertelsmann, the parent company of Fremantle, RTL Group, BMG and Penguin Random House, leapt 8.3% from €18.7 billion ($20.2 billion) in 2021 to €20.2 billion ...