Announcements: 27 October 2016A wide range of memoirs and biographies are being published by our Penguin Random House family of imprints this fall, with the featured individuals ranging from rock stars, actors and novelists to a gangster, statesman, First Lady, playwright, film director, comedian, broadcaster, fashion designer, performance artist, and a 9/11 first responder. expand
Announcements: 26 October 2016In celebration of the life and legacy of our beloved author Pat Conroy, Doubleday, The Dial Press and Penguin Random House will donate $1 to the new Pat Conroy Literary Center for every photo, book, quote or memory that is shared in honor of Pat, using the hashtag #PatConroyDay* on Facebook, Instagram and Twitter. (*up to $15,000) expand
Announcements: 24 October 2016From his heyday to the present moment, Al Capone—Public Enemy Number One—has gripped popular imagination. This week’s Igloo Book Buzz title, AL CAPONE: His Life, Legacy and Legend by National Book Award-winning biographer Deirdre Bair, is being published by Nan A. Talese/Doubleday on Tuesday (10/25). This represents the first complete life of the legendary gangster with the cooperation of his family, who provided exclusive access to personal expand
Announcements: 24 October 2016Major titles from several of our highly respected authors are hitting shelves everywhere this week, with new books by John Grisham, Ina Garten, and Pat Conroy leading the way. See more titles that are On Sale This Week, from Marina Abramovic’s memoir to the candid story of Phil Collins’s epic career. expand
Announcements: 21 October 2016From the desk of Penguin Classics Executive Editor John Siciliano… At Penguin Classics we spend most of our time in the past, but this year, for our 70th anniversary, we decided to take a look back at the future—as imagined in some of the greatest sci-fi/fantasy novels of the 20th century. Behold Penguin Galaxy: deluxe hardcover editions of six iconic masterworks of visionary fiction, expand
Announcements: 20 October 2016Neil Nyren, Executive Vice President, Associate Publisher, Editor in Chief, G. P. Putnam’s Sons, has been editing books by #1 New York Times-bestselling author John Sandford since 1988, most recently, ESCAPE CLAUSE: A Virgil Flowers Novel, published this week by Putnam. Mr. Nyren offers personal insights into the full scope of his editorial work with Mr. Sandford. expand
Announcements: 19 October 2016Julian Assange and his whistleblowing site Wikileaks are in the news this week because the Ecuadorian Embassy in London, where Assange is under political asylum, has cut off Assange’s internet access stating Ecuador’s policy not to interfere in foreign elections. In his Facebook interview with the New York Times, Assange called Hillary Clinton “a demon.” Regarding Clinton’s presidential campaign, Wikileaks has continued to post batches of expand
Announcements: 18 October 2016This week’s Igloo Book Buzz title is DOGS AND THEIR PEOPLE by BarkPost, published by Putnam today. This book spotlights over 200 unique, remarkable dogs and their people, including several Penguin Random House colleagues. expand
Announcements: 17 October 2016
Title Wave is proud to introduce the Fall 2016 selection, THE SUN IS ALSO A STAR by Nicola Yoon; On sale November 1st!Once they met, the rest was history: In THE SUN IS ALSO A STAR, to understand the characters and their love story, we must know everything around them and everything that came before them that has affected who they are and expand
Announcements: 17 October 2016Jason Henry, Senior Designer, Dial Books for Young Readers, has more than fifteen years of experience designing books for young readers and is featured in our Behind the Book Covers series. Jason has won awards for his work from the Book Industry Guild of New York, as well as receiving a 2013 Sibert Honor picture book for ELECTRIC BEN: The Amazing Life and Times of Benjamin Franklin and a 2016 Newbery Honor book for ROLLER GIRL. Many of the expand
Announcements: 17 October 2016On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 12 October 2016Taxes. The subject casts our thoughts to April, as we wait to find out if we will be getting a check or sending one. In election years, tax codes are on the front burner, as candidates lay out their plans to increase, decrease or otherwise change the status quo. Over the past few weeks, the attention paid to what candidates themselves pay has been at the top of the news expand
Announcements: 12 October 2016As we continue to highlight new Fall books being released by Penguin Random House imprints, here is a selection of more upcoming fiction titles, by such authors as Brit Bennett,Clive Cussler, Fannie Flagg, Robert Harris,Jack Higgins, Felix Francis, Mark Greaney,P.D. James, W.E.B. Griffin, Ha Jin, Anne Rice, and Zadie Smith. expand
Announcements: 11 October 2016This week’s Igloo Book Buzz, DK’s GEM, features a foreword by New York Times bestselling author Aja Raden. Published in association with the Smithsonian Institution, GEM is a stunning compendium of the world’s natural treasures—featuring a range of precious and semiprecious stones, metals, organic gems, and famous pieces from around the world—that weaves together specially commissioned photography to explain the science, history, and mythology around them. expand
Announcements: 10 October 2016In this special Igloo interview, bestselling author Jodi Picoult and her editor, Jennifer Hershey, Senior Vice President, Editor in Chief, and Associate Publisher, Ballantine Books, take us inside the inspiration for and the process of writing and editing SMALL GREAT THINGS, a stunning new novel that Ballantine Books is publishing on Tuesday (10/11). With richly layered characters, unflinching insights, and a gripping moral dilemma at its heart, this book will lead expand
Announcements: 10 October 2016Award-winning television and film actress, producer, and designer Sarah Jessica Parker is launching a new line of books named SJP for Hogarth, to be housed within the Hogarth imprint, a transatlantic partnership between Penguin Random House’s Crown Publishing Group in the US and Chatto & Windus in the UK. expand
Announcements: 10 October 2016On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 6 October 2016The National Book Award Finalists for 2016 were announced on October 6th. Every year the National Book Foundation selects five finalists in four categories: fiction, nonfiction, poetry, and young people’s literature. The award was begun in 1936, but soon was halted due to WWII. It was resumed in 1950 under a restructured organization as an annual event. Titles expand
Announcements: 5 October 2016The big Fall movie openings are underway, which is always exciting, but when the movie is based on a book you loved you may have grown impatient. The Girl on the Train has made it to the big screen in record time and opens this week. Yahoo! Lots more on tap. Between theatrical releases and television adaptations, avid readers have oodles of favorites coming to screens large and small. Here are some current releases, and more to look forward to. We bet there are some you still need to read first. What are you waiting for? expand
Announcements: 5 October 2016When Crown Archetype announced it will publish THE KEYS, a new book by hip-hop producer and social media star DJ Khaled, on November 22, USA Today, Rolling Stone and other major media outlets got excited. USA Today trumpeted, ““Major key alert! DJ Khaled is publishing a book” and Rolling Stone ran this headline: “DJ Khaled Reveals Personal Philosophy for Success in New Book. Hip-hop producer’s THE KEYS includes life stories and tips such as ‘don’t drive your jet ski in the dark.’” expand
Announcements: 5 October 2016A remarkable video, “The Immortal Rap of Henrietta Lacks,” made by 7th and 8th grade students in Oakland, CA, was inspired by the #1 New York Times bestselling Crown/Broadway book, THE IMMORTAL LIFE OF HENRIETTA LACKS by Rebecca Skloot, who makes a cameo in the video. expand
Announcements: 5 October 2016This week’s Igloo Book Buzz is Jane Green’s GOOD TASTE, which will be published on Tuesday (10/4) by New American Library. A guide to all things food and entertaining, the book may seem like a departure for the New York Times bestselling novelist. Claire Zion, Vice President, Editor-In-Chief, Berkley/NAL and the author herself talk about how this should not come as a surprise to longtime readers. expand
Announcements: 5 October 2016Random House has announced that it will release the George R. R. Martin Box in conjunction with the bestselling author and HBO Global Licensing®. Pre-orders are now available for three editions of the book box, which includes collectibles, exclusive items, and a special version of the 20th Anniversary Edition of Martin’s A GAME OF THRONES, the first book in his bestselling series A Song of Ice and Fire, the basis for the award-winning HBO® series. expand
Announcements: 5 October 2016Viking has announced that it will publish international bestselling author Ken Follett’s magnificent new epic A COLUMN OF FIRE on September 12, 2017. Mr. Follett commented, “I’m thrilled to be publishing the next novel in the Kingsbridge series with Viking and introducing readers to the world of spies and secret agents in the sixteenth century, the time of Queen Elizabeth I. It’s a rich and fascinating part of history and I’m excited to share this with book lovers.” expand
Announcements: 5 October 2016Penguin Random House Young Adult authors E. Lockhart, Gayle Forman and Libba Bray launched the #firstvote16 campaign on National Voter Registration Day last week. “We all care about this election and the future of our country and we got the idea to try to reach out to the first-time voters in the audience for YA literature, demystifying the process and encouraging young people to let their voices be heard,” Ms. Lockhart told Publishers Weekly. expand
Announcements: 5 October 2016Penguin Random House and Crown Publishing Group have announced the launch of Season of Stories, an eleven-week serialized reading experience, which will begin Tuesday, October 11, and continue through the end of December, delivering short stories directly to a reader’s inbox. expand
Announcements: 29 September 2016On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 29 September 2016The National Book Foundation has announced its 5 Under 35 honorees for 2016, including three of our authors: Brit Bennett, author of THE MOTHERS (Riverhead), selected by judge Jacqueline Woodson; Yaa Gyasi, author of HOMEGOING (Knopf), selected by judge Ta-Nehisi Coates; and Thomas Pierce, author of HALL OF SMALL MAMMALS (Riverhead), selected by judge Amity Gaige. expand
Announcements: 28 September 2016
World English Language Release: Dan Brown’s New Novel, ORIGIN, to be Published by Doubleday on September 26, 2017Global publishing phenomenon Dan Brown, author of the #1 international blockbusters INFERNO and THE DA VINCI CODE, has written his latest Robert Langdon thriller titled ORIGIN. Doubleday will release the novel in the U.S. and Canada on September 26, 2017 and it will also be available as an ebook and an audiobook from Penguin Random House Audio. ORIGIN will be published simultaneously in the U.K. by Transworld Publishers, a division of expand
Announcements: 28 September 2016The arrival of Fall is accompanied by an impressive lineup of books across our Penguin Random House imprints. The focus of this first installment of our Fall Fiction Preview is a selection of new upcoming works by authors whose books regularly appear on national bestseller lists, including Margaret Atwood,Lee Child, Janet Evanovich, Tana French, W.E.B. Griffin, John Grisham, Laurell K. Hamilton, Jonathan Lethem, Debbie Macomber, Jojo Moyes, Jodi Picoult, John Sandford, Alexander McCall Smith, Danielle Steel and Stuart Woods. expand
Announcements: 27 September 2016Big names–Sheryl Crow, Cynthia Nixon, Edie Falco, Andrea Mitchell, Carly Simon, Wanda Sykes. Everyday people–your neighbor, your best friend, your teacher, your mother, your sister, you. You may not be personally acquainted with the first six names on this list, but many of the others are near and dear. We know the first group has battled breast cancer, and odds are, people in the other have too. Or worse, they may not yet realize there is a battle to be expand
Announcements: 27 September 2016
Penguin Press Editor Emily Cunningham on How ELEANOR AND HICK Transforms Our Perception of Eleanor RooseveltOur Igloo Book Buzz title this week – a timeframe charged with the current presidential race –presents an inside look at Susan Quinn’s ELEANOR AND HICK, published on Tuesday (9/27) by Penguin Press. It’s a warm, intimate account of the love between First Lady Eleanor Roosevelt and reporter Lorena Hickok—a relationship that, over more than three decades, transformed both women’s lives and empowered them to play significant roles in one of the most tumultuous periods in American history. expand
Announcements: 26 September 2016Penguin Random House unveils Unbound Worlds (www.unboundworlds.com), the successor online destination to Suvudu, dedicated to the literary worlds of science fiction and fantasy. The website will offer readers insight into books and authors from all publishers and occupy the crossroads of science fiction and fantasy, including slipstream, pop science, fairy tales and folklore, magical realism, urban fantasy, and more. expand
- Event Coverage of conventions with details about author appearances, panels, and signings.
- Features that include book lists, 50-Page Friday excerpts, and coverage of popular series.
- Sweeps and Giveaways such as prizes, swag, and advance reads.
- Cage Match, an annual original fiction bracket-style tournament of characters that enlists writers to create fictional battles and readers to vote for winners.
Announcements: 26 September 2016What was the hottest, most in-demand New York City live-event ticket for online purchase last Friday? Beyonce? Bruce Springsteen? The New York Giants? No, it was the December Random House Open House, which sold every single one of its 625 available seats to eager reading fans in five minutes. expand
Announcements: 26 September 2016Penguin Random House is proud to be the leading publisher supporting the American Booksellers for Free Expression and Banned Books Week (September 25 – October 1), during which thousands of libraries, schools, bookstores and community centers across the nation and the world unite to celebrate the freedom to read and exercise our right to do so without interference or censorship. expand
Announcements: 26 September 2016On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 22 September 2016Get your popcorn ready. Two weeks to go before the film adaptation of THE GIRL ON THE TRAIN hits theaters everywhere on Friday, October 7. Since going on sale from Riverhead Books last year, this “train” engineered by author Paula Hawkins has been unstoppable, approaching 6 million copies sold in the US. THE GIRL ON THE TRAIN was an instant #1 New York Times bestseller in all formats, including hardcover, trade paperback, mass market, and eBook, for a grand total of 88 weeks and counting on the NYT lists. expand
Announcements: 22 September 2016The National Book Foundation has announced that this year’s Medal for Distinguished Contribution to American Letters will be presented to Robert A. Caro, the award-winning, bestselling Knopf/Vintage author of such books as THE POWER BROKER and The Years of Lyndon Johnson biographies. Our warm congratulations to Mr. Caro and everyone at Knopf and Vintage. expand
Announcements: 20 September 2016Stand Up For Your Right to Read. This sentiment comes to you directly from the American Library Association in honor of Banned Books Week (September 25-October 1). This year’s Banned Books Week is celebrating diversity. Below is a selection of books by diverse authors or containing diverse content that have been frequently challenged and/or banned. expand
Announcements: 19 September 2016Pulitzer Prize-winning poet Sharon Olds, honored by the Academy of American Poets with the Wallace Stevens Award this month, is the author of this week’s Igloo Book Buzz title, ODES, published by Alfred A, Knopf on Tuesday (9/20). When asked how her eleventh book came to be, Ms. Olds says, “Pablo Neruda’s Odes to Common Things inspired praise songs to occur to me – songs to a different set of common things!” expand
Announcements: 19 September 2016On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 15 September 2016It’s the third annual Batman Day! This fan-favorite event began with the character’s 75th anniversary, and has continued to grow in popularity. In celebration of Batman Day this 9/17, we’ve collected books all about the Dark Knight. Whether you want to start with his creation or get caught up in the latest adventure, here’s everything you could ever want to know about our favorite superhero. expand
- How much do you know about Batman? Try your hand at these questions.
- What is the name of Batman’s alter ego?
- What is Batman’s other hero name?
- Who is Batman’s closest ally?
- Who is Batman’s sidekick?
- Which city does Batman protect?
- What is the name of Bruce Wayne’s house?
- Where does Batman hide his secret base?
- What is the name of the current Robin?
- Which arch villain lives in Gotham City?
- What is the name of Batman’s feline foe?
- Bruce Wayne
- The Dark Knight
- Alfred Pennyworth
- Gotham City
- Wayne Manor
- The Batcave
- Damian Wayne
- The Joker
Announcements: 14 September 2016
Announcements: 13 September 2016Hispanic Heritage Month runs from September 15th through October 15th during which time we honor the contributions of Hispanic and Latino Americans to the United States and celebrate their heritage and culture. Hispanic Heritage Month, whose roots go back to 1968, begins each year on September 15, the anniversary of independence of five Latin American countries: Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. Mexico, Chile and Belize also expand
Announcements: 12 September 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 8 September 2016“When we read books with children, we share other worlds, and even more importantly, we share ourselves. Reading with children makes an intimate, human connection that teaches that child what it means to be alive as one of many beings on the planet.” expand
Announcements: 8 September 2016Nathan Hill’s acclaimed, bestselling debut novel THE NIX, published by Knopf last week, will be adapted into a new television series starring and produced by Meryl Streep with JJ Abrams (Star Wars: The Force Awakens) for Warner Bros Television. “The news broke on Deadline this morning and is currently lighting up both coasts,” reports Paul Bogaards, Executive Vice President, Knopf Doubleday Publishing Group. expand
Announcements: 7 September 2016A little Bach anyone? Or perhaps Debussy is more your cup of tea? The sounds of strings and winds are rising to meet September…it’s Classical Music Month. Classical Music Month was first proclaimed by President Clinton in 1994. The proclamation eloquently states: “Classical music is a celebration of artistic excellence…This month we exalt the many talented composers, conductors, and musicians who bring classical music to our ears. Whether in new American works or in the masterpieces of the great expand
Announcements: 6 September 2016In this “Three Questions for an Editor” Igloo feature, Amanda Cook, Vice President, Executive Editor, Crown, offers personal insights into her work with author Cathy O’Neil on her newly published book, WEAPONS OF MATH DESTRUCTION, subtitled “How Big Data Increases Inequality and Threatens Democracy.” expand
Announcements: 6 September 2016Penguin Young Readers joins the world in mourning the passing of Anna Dewdney, the author and illustrator of the beloved multi-million-copy bestselling Llama Llama children’s book series. She died in her Vermont home on Saturday, September 3, 2016, after a fifteen-month battle with brain cancer. She was fifty. expand
Announcements: 6 September 2016This week’s Igloo Book Buzz title, A GENTLEMAN IN MOSCOW, published by Viking on Tuesday (9/6), is a transporting novel about a man who is ordered to spend the rest of his life inside a luxury hotel. The book’s author, Amor Towles, and Paul Slovak, Vice President, Executive Editor, Viking, offer fascinating insights into the creation of this remarkable book. expand
Announcements: 6 September 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 2 September 2016Your weekend reading is clinched, literally. Here are a handful of our favorite books with corsets on the cover, perfect for accompanying you during the end of carefree summer days, preparing you for a return to tight schedules and unyielding school and work demands, and leading into NYC Fashion Week. expand
Announcements: 1 September 2016This Saturday, September 3, marks the highly anticipated launch of Ransom Riggs’ new collection of fairy tales, TALES OF THE PECULIAR (Dutton Books for Young Readers) with celebrations taking place in over a thousand bookstores nationwide. Loop Day (September 3) is a holiday observed by the characters of the Miss Peregrine’s Peculiar Children series and in the lead up to Loop Day, Riggs has been unveiling photos and letters from expand
Announcements: 1 September 2016The Center for Fiction’s seven-title shortlist for its annual First Novel Prize includes three of our authors and their books published by Penguin Random House imprints: expand
- THE GIRLS by Emma Cline (Random House)
- HOMEGOING by Yaa Gyasi (Knopf)
- HOW I BECAME A NORTH KOREAN by Krys Lee (Viking)
Announcements: 30 August 2016It’s a troubling, but necessary, topic with many hopeful and happy outcomes: National Suicide Prevention Week is September 5 through September 11th. A plethora of books have been written about suicide – both personal accounts and professional guides. We’ve curated the following excellent titles that offer help and insight to sufferers. expand
Announcements: 29 August 2016This week’s Igloo Book Buzz, Sabaa Tahir’s A TORCH AGAINST THE NIGHT, released by Razorbill on Tuesday (8/30), features personal insights from the YA novel’s publisher and editor as well as the author herself. TORCH is the follow up to Tahir’s New York Times bestselling, critically acclaimed debut, AN EMBER IN THE ASHES. Set in a world inspired by ancient Rome, Ember tells the story of Laia and Elias, a slave fighting for her family and a soldier fighting for expand
Announcements: 29 August 2016I’m proud to have now called myself a New Yorker for over eight years. Like many of you, the subway has become a regular part of my travel within the city. Over five million New Yorkers ride the subway every day, and for a countless many of them reading is as much a part of their ride as mariachi bands, dance performers, and the cozy quarters of rush hour. expand
Announcements: 29 August 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 26 August 2016The winners of this year’s PEN Center USA Awards, which recognize the best writing in the western U.S., have been announced and include two of our authors and their books: expand
Announcements: 26 August 2016As students return to the classroom and teachers present their expectations for course writing, we turn our sights to what can be learned from – and sparked by – books about writing. Here are some of the best guides and revelations from revered authors and editors: Consider it a syllabus for a Writer’s Workshop given by the likes of Eudora Welty, Wallace Stegner and Anne Lamott. It’s a choose-your-own classroom invitation (meadow, café, cabin…) to an inspirational writing retreat! expand
Announcements: 25 August 2016Naomi Jackson will present her debut novel THE STAR SIDE OF BIRD HILL (Penguin Books) at 7:00 p.m. at Community Bookstore in Brooklyn on Tuesday, August 30. Joining Jackson in conversation will be Jacqueline Woodson, National Book Award-winner and author of BROWN GIRL DREAMING (Nancy Paulsen Books). expand
Announcements: 24 August 2016This month in paleontology news… a well-preserved Tyrannosaurus Rex skull was found in Montana. It has been dubbed the “Tufts-Love Rex” in honor of the volunteer paleontologists who first saw bones sticking out of a hillside: Burke Museum’s Jason Love and Luke Tufts. The researchers unearthed ribs, hips, jaw bones and vertebrae and the skull, which is about 4 feet long. Estimated to have lived 66.3 million years ago, “Tufts-Love Rex” will be displayed at Burke expand
Announcements: 23 August 2016This week’s Igloo Book Buzz is a clear candidate for “most buzzed about book of the summer” honors. THE COUPLE NEXT DOOR by Shari Lapena, on sale Tuesday (8/23), has generated wild enthusiasm from every corner. Pamela Dorman, Vice President, Publisher, Pamela Dorman Books, recalls, “When (Viking President & Publisher) Brian Tart handed me Shari Lapena’s THE COUPLE NEXT DOOR, he told me that once I read the first chapter, expand
Announcements: 23 August 2016
Bertelsmann Award Recognizing Our Integration Efforts Completes Tour of Westminster and CrawfordsvilleIn June, Penguin Random House received the Bertelsmann Award for Strategy Execution for its outstanding work on the post-merger integration at this year’s Bertelsmann Management Meeting in Germany, as we reported in an article on Igloo. The award has completed its tour of departments in Westminster and Crawfordsville, and what a terrific tour it was! Over the course expand
Announcements: 22 August 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week.The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 19 August 2016Bee happy it’s Friday! In honor of National Honeybee Day on August 20th, here are a few books on bees to enjoy. Bee population decline has been in the news for years now, but the good news is that, according to a report issued this week by Friends of the Earth, nurseries are selling fewer harmful, pesticide-treated “bee-friendly” plants. expand
Announcements: 18 August 2016Each month, Milestone Spotlight features an interview with a recent recipient of a Penguin Random House Milestone Award, which is given out to employees who have reached 5, 10, 15, 20, 25, 30, etc. years of service with the company. The Employee Milestone Spotlight interview allows us celebrate our colleagues’ service by highlighting their successes within the company, and, is a chance for them to share some fun and personal information about themselves! expand
Announcements: 18 August 2016Doris Cooper, Vice President, Associate Publisher, Clarkson Potter, shares her favorite summer reading rituals, exciting upcoming titles from Clarkson Potter, and her top summer reads of all time. Get inspired by Doris’ summer reading recommendations and find out about hot new cookbooks. expand
Announcements: 17 August 2016Each year the Penguin Random House Creative Writing Awards present more than $100,000 in scholarships to a group of New York City public high school writers. These award recipients are also invited each summer to attend and participate in a summer-writers retreat held at our uptown offices. expand
Announcements: 16 August 2016We were inspired this week by notice of the 200th Farmer’s Almanac – that indispensable guide for those who make their livelihood off the land. But farming has gone urban as we know… and the “farm to table movement” is still going strong. So we’ve compiled titles for a range of folks and ages: from those who cultivate crops, no matter their acreage or locale, to farm-fresh food lovers, to kids who like farm animals and equipment; And there’s always the armchair farmer who gets the feel of turning soil by turning pages. expand
Announcements: 16 August 2016On Friday, August 12, the White House unveiled President Barack Obama’s 2016 summer reading list. President Obama chose five books to read during his annual vacation on Martha’s Vineyard and among them are three titles published by Penguin Random House imprints. Obama selected THE UNDERGROUND RAILROAD by Colson Whitehead (Doubleday) as one of his picks along with the #1 New York Times bestseller THE GIRL ON THE TRAIN by Paula Hawkins (Riverhead), and William Finnegan’s Pulitzer Prize-winning surf memoir BARBARIAN DAYS: A Surfing Life (Penguin Books). expand
Announcements: 15 August 2016On Thursday, August 18 at 7:30pm, author Yaa Gyasi will present her acclaimed New York Times bestseller HOMEGOING (Knopf) at Greenlight Bookstore in Brooklyn. Fellow Penguin Random House author Imbolo Mbue (BEHOLD THE DREAMERS) will be introducing Gyasi’s presentation. expand
Announcements: 15 August 2016Imagine being in New York, circa 1888, when gas lamps still flickered in the city streets and the miracle of electric light was in its infancy. That is the world in which Random House author Graham Moore sets his new book, THE LAST DAYS OF NIGHT, this week’s Igloo Book Buzz selection. Mr. Moore offers his insight: “One of the things I got most excited about, over the years of research that went into this novel, was trying to get inside the minds of people living through a real hinge moment in history. They were seeing electric lights for the first expand
Announcements: 15 August 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 10 August 2016As the summer winds down, I’m not only bidding farewell to the warm weather and Central Park strolls, but to an incredible internship experience as well. As an intern in Corporate Communications, I am grateful to have been given the opportunity to get to know an amazing department. From working on news posts for Igloo, to going through the submissions of the High School Creative Award recipients, I was always eager for the projects that awaited me. I loved expand
Announcements: 10 August 2016Meg Leder, Executive Editor, Penguin Books, takes us inside the world of adult coloring books, one of the hottest segments in publishing. She edits “The Queen of Coloring,”Johanna Basford, whose newest title, MAGICAL JUNGLE, is published by Penguin Books on August 9. Meg has brought her unique editorial skills to a diverse range of titles at Penguin since 2004. While at Perigee Books, she acquired such titles as Keri expand
Announcements: 9 August 2016Are you counting the days until the kids go back to school? Or maybe you are long past that point, and have a little yearning when you see the backpack-laden youngsters going past your window? Do you miss your school days? Just a bit? The smell of freshly sharpened pencils, the allure of a new, blank notebook and, best of all, expand
Announcements: 8 August 2016This week’s Igloo Book Buzz selection, THE GLORIOUS HERESIES by Lisa McInerney, has already won the Baileys Women’s Prize for Fiction as well as the Desmond Elliott Prize, and went on sale from Tim Duggan Books last Tuesday, August 9. “Lisa McInerney has proven herself to be a virtuoso on the page, writing with incredible confidence, exuberance, and originality,” says Publisher Tim Duggan. “I’ve never come across a voice quite like this – it pulled me expand
- “In the style of Colm Tóibín, there is great intensity to McInerney’s prose … This gritty, urban character study will be perfect for readers favoring strong blends of literary and crime fiction, overlaid with striking dark comedy.” —Booklist
- “Biting … McInerney displays a clear knack for dramatic flourish and witty turns of phrase.” —Publishers Weekly
- “The Glorious Heresies heralds the arrival of a glorious, foul-mouthed, fizzing new talent.” —The Sunday Times
- “A spectacular debut … Tough and tender, gothic and lyrical, it is a head-spinning, stomach-churning state-of-the-nation novel about a nation falling apart.” —The Telegraph
Announcements: 3 August 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 3 August 2016On Friday, August 5, Julie Barton will talk about her memoir DOG MEDICINE: How My Dog Saved Me from Myself (Penguin Books) from 7:00 to 8:00 pm in the Rare Book Room at Strand Book Store in Manhattan. One year after she graduated from college, Julie Barton found herself collapsed on her kitchen floor. She was 22 years old, living in Manhattan, and severely depressed. After moving home to expand
Announcements: 1 August 2016Porscha Burke, Publishing Manager, Associate Editor, Random House Publishing Group, shares her perfect summer books, her current reading list, and her favorite summer traditions. During her twelve years at Random House, Ms. Burke has acquired works by Dr. Maya Angelou, Rev. Dr. Amy Butler, and Black Girl Nerds founder Jamie Broadnax. She has also spearheaded new editions of THE AUTOBIOGRAPHY OF MALCOLM X and THE BLACK BOOK. A University of Virginia graduate, she is pursuing an MFA in Creative Nonfiction at Goucher College. Enjoy a glimpse into Porscha’s summer. expand
Announcements: 1 August 2016Our Igloo feature On Sale This Week previews a selection of Penguin Random House fiction, nonfiction, poetry and young readers books being published each week. The choices are a mix of titles by both bestselling and emerging authors. We hope this serves as a useful reference for hot new reads hitting shelves everywhere. expand
Announcements: 28 July 2016It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife. It was inevitable: the scent of bitter almonds always reminded him of the fate of unrequited love. Call me Ishmael.
Announcements: 27 July 2016Have you been immersed in Republican and Democratic National Convention coverage? What are your thoughts about the Presidential nominees’ picks for Vice President? Do you understand the role of Vice President? Well, we’ve nominated the following titles to elucidate the position. These are standout books by and about former Vice Presidents – some of whom ascended to be Presidents and others who did not. expand
Announcements: 27 July 2016This year’s longlist of semi-finalists for London-originated The Man Booker Prize, one of the world’s most prestigious literary fiction honors, has been announced, and among its thirteen entries are several authors whose latest books are published by Penguin Random House U.S. and Canada imprints: expand
Announcements: 27 July 2016This week’s Igloo Book Buzz title, AMERICAN HEIRESS: The Wild Saga of the Kidnapping, Crimes, and Trial of Patty Hearst by Jeffrey Toobin, takes readers on an unforgettable rollercoaster ride. Responding to the buzz surrounding his new book, which is being published by Doubleday on Tuesday, August 2, Mr. Toobin says, “Hearst’s story is an extraordinary window into a wild era: the poisonous, toxic ‘70s, when the idealism of the ‘60s yielded, for many, to an angry, anarchic rage. The kidnapping and its aftermath comes out of that madness. expand
Announcements: 26 July 2016Dr. Seuss’s beloved character the Cat in the Hat has declared his candidacy for president of the United States in the 2016 election, as the one and only Kids’ Candidate, with Thing 1 and Thing 2 as his running mates, it was jointly announced by Dr. Seuss Enterprises and Random House Children’s Books. A special campaign rally is taking place July 26th on the steps of the childhood home of Theodor Geisel (aka Dr. Seuss) in Springfield, MA, at 74 Fairfield Street. Watch the Cat in the Hat’s official campaign video: expand
Choose a Cause and Cast Your Vote Beginning July 26!As the Kids’ Candidate, the Cat in the Hat will show kids that every vote counts, and every voice matters! Votes can be cast for the Cat in the Hat to work with one of his supporters and their selected cause. Each cause is linked to a related organization, and together Random House Children’s Books and Dr. Seuss Enterprises will make a $10,000 donation to the winning charity. Children can cast their vote for their preferred cause online by visiting CatInHat4Prez.com. Voting will run from July 26 through November 8, 2016, and the winning charity will be announced on December 1, 2016. The ballot includes the opportunity for kids to:
- Vote for Reading and Education to support First Book, with Dick and Sally from THE CAT IN THE HAT!
- Vote for Ocean Conservation to support Oceana, with Red Fish and Blue Fish from ONE FISH TWO FISH RED FISH BLUE FISH!
- Vote for the Environment to support Conservation International, with the LORAX!
- Vote for Fighting Hunger to support Feed the Children, with Sam-I-Am! From GREEN EGGS AND HAM!
- Vote for Kindness for All to support Pacer, with Horton from HORTON HEARS A WHO!
Announcements: 25 July 2016On Thursday (7/28), author C.A. Higgins will celebrate the launch of the second book in her Lightless trilogy, SUPERNOVA (Del Rey). Higgins will discuss the new novel with her Penguin Random House editor and friend Tricia Narwani at BookCourt in Brooklyn at 7:00 pm. Higgins’ debut novel LIGHTLESS was named expand
Announcements: 22 July 2016
We’ve entered the Dog Days of Summer, a phrase which – according to the Merriam-Webster Idioms Dictionary – refers to “hot, sultry summer weather; also, a period of stagnation…the period between early July and early September, when Sirius, the so-called Dog Star, rises and sets with the sun.” In this spirit, we’ve collected some of our favorite dog books to train or laze about with… expand
Announcements: 21 July 2016Author Ina Yalof will be signing copies of her new book FOOD AND THE CITY (G.P. Putnam’s Sons) on Sunday (7/24) at Brooklyn Brewery’s pop-up event at Vendy Plaza at La Marqueta. From 2:00 to 4:00 pm, come by and get your book signed and sample some delicious pairings of food and beer from Brooklyn Brewery. expand
Announcements: 19 July 2016This week we honor the 47th anniversary of the Apollo 11 space mission. Neil Armstrong and Buzz Aldrin were the first humans to walk on the moon on July 20th, 1969. Since then, space exploration continues to fascinate and propel science and entrepreneurs. However, NASA has been “trending” for another reason this month – their cameras cut out just after showing an unidentified flying object leading to questions and conspiracy theories along the lines of “what expand
Announcements: 18 July 2016Author Jennifer Close, whose new widely-heralded book, THE HOPEFULS, is being published by Alfred A. Knopf on Tuesday (7/19), says, “At Knopf’s 100th anniversary party, I spent the whole night feeling star struck by the amazing authors around me, like a book lover who’d stumbled into the best party ever, forgetting that I, too, was a Knopf author and actually belonged there. It was a dream of mine to be published by Knopf, to have that little dog stamped on my book that would make people take notice. But the best part of this dream coming expand
Announcements: 14 July 2016Can you read music? Well, many of our best writers make music with words, but sometimes their inspiration – “muse” if you will - is an actual instrument and its player. This meeting of arts results in evocative and layered reading where even non-musicians can inhabit a musician’s world – be it pure fiction or based on a famous player. The following books are tuned for discovery (or rediscovery) and should lead many readers to seek musical accompaniment to their pages. expand
Announcements: 14 July 2016Chilean author Alejandro Zambra will celebrate the release of his new, boldly unconventional book MULTIPLE CHOICE (Penguin Books) on Tuesday (7/19) at 7:00 pm at McNally Jackson Books in New York City. Already widely known for his original approach to fictional literature, Zambra outdoes himself in MULTIPLE CHOICE. Written in the form of a ninety-question standardized test that Zambra took as a student in Chile, the book invites the reader to truly become engaged in the stories by pondering the expand
Announcements: 13 July 2016Two fifth grade classes at New York’s P.S. 3 Charrette School in Greenwich Village, our downtown Read-Ahead school, last month presented the P.S. 3 Poetry Reading to celebrate the completion of THE COMFORT OF WORDS, a collection of poems and illustrations from a number of the school’s students. Coordinated and sponsored by Penguin Random House, this special collection recognized 62 students who came together and wrote hundreds of poems during National Poetry Month. For most students, it was their first published work expand
Announcements: 13 July 2016You’ve read THE GIRLS, now what? Emma Cline’s coming-of-age novel, about a teen girl who gets involved with one of the most infamous cults in American history, has become one of the favorite books of the summer. If you loved reading or listening to it and are looking for more, try these similarly cult-themed titles in both fiction and non-fiction. expand
Announcements: 11 July 2016The creation of the characters, tales and mythical island of Castellamare, featured in Catherine Banner’s new novel, THE HOUSE AT THE EDGE OF NIGHT, published by Random House on July 12, were explored at last month’s Books & Banter event at 1745 Broadway. This Penguin Random House Sales initiative invites an imprint or publishing team to share a special publishing story with all of sales and other in-house colleagues to create pre-pub expand
Announcements: 8 July 2016Features editor at Slate, Jessica Winter will celebrate the release of her new novel BREAK IN CASE OF EMERGENCY (Knopf) on 7/12 at 7pm at BookCourt in Brooklyn. Winter will be joined by Rebecca Traister, writer-at-large forNew York magazine and a contributing editor at Elle, for a reading, audience Q&A, and book signing. expand
Announcements: 7 July 2016Christopher Myers, award-winning author and artist, and son of the late acclaimed author Walter Dean Myers, will launch his own imprint with Random House Children’s Books, MAKE ME A WORLD, it was announced by Barbara Marcus, President & Publisher, Random House Children’s Books. Jenny Brown, Vice President, Publisher, Alfred A. Knopf Books for Young Readers, will oversee the imprint. expand
Announcements: 7 July 2016Chip Kidd, Associate Director, Art and Cover Design, Knopf Doubleday, was heralded as “The Superhero” by PRINT magazine and featured on the cover of the publication’s Spring 2016 edition, honoring “56 Inspiring Designers Shaping Our World Today.” Beloved and admired throughout our company and the entire publishing industry, Chip was hired as assistant to the Art Director of Alfred A. Knopf, Inc. in the fall of 1986, when he had just turned twenty-two. He has worked there ever since. Chip notes, “During these last 30 years, in some ways expand
Announcements: 6 July 2016Now that we’ve celebrated Independence Day, the halcyon days of summer are truly upon us and that means finding the right breezy, engaging book to take to the beach, on vacation or for a summery escape during your commute or lunch break. The following books have one thing in common – a summer setting. From Capote’s first novel to Helen Simonson’s most recent, in locales from New York City to Cairo, New England to England and in eras ranging from the expand
Announcements: 5 July 2016“A humorous tale of a young New Yorker’s search for happiness, and the two dogs who help him find it” is Marie Claire’s take on JONATHAN UNLEASHED by Meg Rosoff, published by Viking on Tuesday (7/5). Two more buzz lines about this beach bag-ready summer read: “With whip-smart dialogue, Rosoff explores how twentysomethings find their feet in the big city, face up to the horror of entry-level employment and figure out who they really love” and “Funny, smart writing from a novelist with such an assured voice that you can’t resist accompanying her on the novel’s journey.” expand
Announcements: 30 June 2016July 1st is National Postal Worker Day which is celebrated annually on July 1st. Established in 1997 by a Seattle-area letter carrier who was passionate about honoring postal employees, it is a day of appreciation for the many men and women who are dedicated to sending and delivering our mail. These postal workers endure some of the harshest working conditions six days a week. expand
Announcements: 27 June 2016The growing excitement for Kiersten White’s new YA novel, AND I DARKEN, which goes on sale Tuesday, June 28, began with the book’s editor, Wendy Loggia, Executive Editor, Delacorte Press: “Whatever Kiersten White does, I’m on board, so when she said she was writing a novel in which Vlad the Impaler was a girl, I couldn’t wait. AND I DARKEN is the story of Lada Dragwlya, the brutal, driven princess, her brother, Radu, and Mehmed, the Sultan. expand
Announcements: 26 June 2016Did you know?… Penguin Random House publishes close to fifty Spanish language titles a year in the U.S. With two dedicated Spanish language imprints – Vintage Español and Celebra – our Spanish language publishing program boasts strong backlist sales in commercial and literary fiction, as well as nonfiction from celebrity authors. Topping our bestselling titles from 2015 is the Spanish expand
Announcements: 24 June 2016Earlier this month, I left behind the bustling city streets of Manhattan for the quaint, cobblestoned roads of Gütersloh, Germany, where one hundred Penguin Random House colleagues from around the world joined with more than four hundred Bertelsmann colleagues for the Bertelsmann Management Meeting. It was extraordinary to have all of us in the place where, for me, everything started (the picture shows me on one of my first days at Bertelsmann!). Before taking my first job there after university, I grew up not far from Bertelsmann’s Gütersloh expand
Announcements: 24 June 2016Bestselling author and essayist Chuck Klosterman will be celebrating the release of his new book BUT WHAT IF WE’RE WRONG (Blue Rider Press) at Villain, LLC in Williamsburg on Wednesday, June 29 at 7pm. Joining Klosterman in conversation is Wesley Morris of The New York Times. expand
Announcements: 23 June 2016Revisiting our early June post about Riverhead’s Fundraiser for Libraries Without Borders, this month-long campaign has now generated nearly $5,000 in donations, with one week left for people to contribute. Anyone who makes a donation of $250 or more receives a 3D head of the author of their choosing. Riverhead Design Labs partnered with Leblox to create 3D heads of some of the imprint’s most iconic authors, such as Junot Diaz, Marlon James, Ann Lamott, and expand
Announcements: 23 June 2016What has kept this phenomenon going strong for 29 years? Peter Benchley, author of Jaws and bonafide shark expert, should know. He says: “People are, and always have been, simultaneously intrigued and terrified by sharks. Sharks come from a wing of the dark castle where our nightmares live—deep water beyond our sight and understanding—and so they stimulate our fears and fantasies and imaginations.” expand
Announcements: 22 June 2016June is Alzheimer’s and Brain Awareness Month. According to the Alzheimer’s Association, 47 million people are living with Alzheimer’s and other dementias worldwide. Add to that the number of caregivers and those directly affected grows exponentially. Awareness inspires action and the following titles on brain health, Alzheimer’s and dementia aim to educate, support and inspire. expand
Announcements: 20 June 2016Penguin Random House Audio and the Audio Publishers Association are celebrating June as Audiobook Month with a new awareness campaign: “A Good Audiobook Speaks Volumes,” featuring video PSAs with prominent authors. Dozens of bestselling authors from across the industry are creating videos sharing why they love audiobooks, including Chelsea Clinton, Whoopi Goldberg, Stephen King, Tyler Oakley, James Patterson, and many more. expand
Announcements: 20 June 2016Penguin Random House presented $112,000 in scholarships to 56 New York City public high school seniors during the 2016 Live and Onstage Creative Writing Awards Show on June 7 at NYC’s Symphony Space. The awards presentation included dramatic readings, spoken-word poetry, and graphic-novel presentations from a selection of winners, including this year’s newest $10,000 scholarship recipient of the Maya Angelou Scholarship Award for Spoken Word Poetry. expand
Announcements: 17 June 2016Random House Children’s Books has been selected as the official publisher for the 11th anniversary of Jumpstart’s Read for the Record, a national campaign that helps address educational inequalities and works toward the day when all children have the skills they need for kindergarten and lifelong success. expand
Announcements: 16 June 2016The Southern Independent Booksellers Alliance (SIBA) has announced the creation of The Pat Conroy Scholarships in honor of our late author, whose lifetime achievements have meant so much to Southern booksellers. The scholarships, which will be bestowed to two booksellers annually in each of the next four years, are made possible by Penguin Random House, whose Nan A. Talese/Doubleday, Dial Press Trade Paperbacks, and Random House Audio imprints publish Mr. Conroy’s works in hardcover, paperback, and audio editions respectively. expand
Announcements: 16 June 2016This Sunday we celebrate fathers. Dad is always there to lend a hand, provide much needed advice, and loves you unconditionally. But what if he’s not? Maybe you always sought that Hallmark relationship, never to find it. Or, perhaps, you are sick to death of sappy cards, or completely unrelatable Hollywood interpretations of what a father should be. This week, we’ve collected a list of literary bad dads, from despicable and cruel to murderous and vengeful, here are some of the worst fathers in fiction! expand
Announcements: 15 June 2016“Or I could decide that, even in the wake of such unspeakable malice, I could live a purposeful life by choosing hope.” – Kaitlin Roig-DeBellis, CHOOSING HOPE “When I was a boy and I would see scary things in the news, my mother would say to me, “Look for the helpers. You will always find people who are helping.” To this day, especially in times of “disaster,” I remember my mother’s words and I am always comforted by realizing that there are still so many helpers – so many caring people in this world.” – Mr. Rogers expand
Announcements: 14 June 2016New York Times-bestselling, two-time Edgar-award-winning author Steve Hamilton will be joined in conversation by fellow bestselling Penguin Random House author, Lee Child. The two acclaimed crime writers will discuss Hamilton’s novel THE SECOND LIFE OF NICK MASON (G.P. Putnam’s Sons) at Barnes & Noble on the Upper East Side on Thursday (6/16) at 7:00pm. expand
Announcements: 13 June 2016Penguin Books author and illustrator Johanna Basford, who has been called “The Queen of Coloring Books,” will be awarded an OBE, “for services to Art and Entrepreneurship,” by Queen Elizabeth II. “I received a letter a few weeks ago to say I would be receiving an OBE as part of the Queen’s (90th) Birthday Honors this year,” Ms. Basford posted on her blog. “This was so unexpected that I called Buckingham Palace to check if they had made a mistake! If I’m honest, I don’t feel I expand
Announcements: 13 June 2016Penguin Young Readers is donating 100,000 books to the National Diaper Bank Network (NDBN) this fall. The donation is in partnership with the Clinton Foundation initiative, Too Small to Fail. These books will be distributed to 33,000 households – 3 books per family – in 20 diaper bank communities across America. Too Small to Fail announced the partnership at the Clinton Global Initiative America conference on Monday, June 13, in Atlanta. expand
Announcements: 13 June 2016The advance buzz for Emma Cline’s THE GIRLS, which Random House is publishing on Tuesday, June 14, has been tremendous. The book’s editor, Kate Medina, Executive Vice President, Executive Editorial Director, Associate Publisher, Random House, became an instant fan: “It took only two pages for me to shut my door, cancel everything, and not get up until I had finished reading this beautifully written, spellbinding novel by a remarkable young writer. expand
Announcements: 9 June 2016Author E. Lockhart will present her New York Times bestselling YA novel WE WERE LIARS (Delacorte Press) as part of Barnes & Noble’s B-Fest teen book festival. Guests can meet E. Lockhart, ask her questions, and get their books signed on Saturday (6/11) at 5:00pm at Barnes & Noble in Park Slope. expand
Announcements: 9 June 2016#FRIDAY READS PALINDROMES Save the date! Forwards or backwards the next ten days are palindromes! Palindromes are words, numbers, or phrases that are identical when read in reverse order (i.e. kayak, noon, Madam I’m Adam, 101, and 53235). In celebration of this ‘novel‘ occurrence check out these examples of books with palindromes for titles. expand
Announcements: 8 June 2016Crown Publishing Group author Lisa McInerney has won the Baileys Women’s Prize for Fiction for her novel THE GLORIOUS HERESIES, which will be published by Tim Duggan Books on August 9, 2016. The prize was announced in London Wednesday evening and is the UK’s most prestigious annual book award for fiction written by a woman. Founded in 1996 as the Orange Prize for Fiction, this award “celebrates excellence, originality and accessibility in writing by women from throughout the world.” expand
Announcements: 8 June 2016
Penguin Classics Donates Pelican Shakespeare Editions for Shakespeare in the Park's Student & Educator NightIn collaboration with the NYC Department of Education and The Public Theater, Penguin Classics donated Pelican Shakespeare editions, including newly repackaged editions of KING LEAR, ROMEO AND JULIET, HAMLET, and MACBETH, to hundreds of NYC public school students, teachers, and principals for Student & Educator Night at Shakespeare in the Park on June 2 at the Delacorte Theatre in Central Park. Attendees received the Pelican Shakespeare editions to accompany their viewing of The Taming of the Shrew, directed by Phyllida Lloyd with an all-female cast starring Janet McTeer. expand
Announcements: 8 June 2016Riverhead Books has begun a month-long fundraiser for Libraries Without Borders. The organization is doing incredible work bringing books, tutors, computers and more to the refugee camps in the Middle East and Europe to help Syrian refugees. Riverhead is committed to not only amplifying and celebrating unheard voices, but also doing what we can in the fight for global literacy and access to technology. As such, Riverhead Design Labs has partnered with expand
Announcements: 8 June 2016PORCELAIN, the piercingly tender, warmly funny and sometimes harrowing memoir written by Moby, internationally renowned singer-songwriter, musician and DJ. Scott began his career in book publishing at Doubleday in 1991, and has also held positions at expand
Announcements: 8 June 2016June is National Great Outdoors Month as proclaimed by President Obama through the American Recreation Coalition. With the start of summer many Americans are planning vacations to our National Parks, but spending time out of doors doesn’t require a lot of planning and expense. How does the Sam Cooke song go? “Flowers in Spring, the robins that sing, the sunbeams that shine, they’re yours and they’re mine… best things in life they are free.” expand
Announcements: 6 June 2016Terry McMillan, #1 New York Times bestselling author of HOW STELLA GOT HER GROOVE BACK and WAITING TO EXHALE, has written an inspiring story of a woman who shakes things up in her life to find greater meaning. In Terry’s upcoming book, I ALMOST FORGOT ABOUT YOU, which goes on sale from Crown on June 7, Dr. Georgia Young’s wonderful life–great friends, family, and successful career–aren’t enough to keep her from feeling stuck and restless. When she decides to make some major changes in her life, including quitting her job as an expand
Announcements: 6 June 2016Pat Conroy, beloved author of THE PRINCE OF TIDES, has a new nonfiction collection of letters, interviews, and magazine articles spanning Conroy's long literary career, supplemented by touching pieces from Conroy's many friends, which will be published as A LOWCOUNTRY HEART: Reflections on a Writing Life by Nan A. Talese/Doubleday on October 25, 2016. Nan A. Talese, Publisher, acquired World rights from Marly Rusoff of the Marly Rusoff Literary Agency. expand
Announcements: 1 June 2016Listening Library, Penguin Young Readers and Random House Children’s Books are celebrating Pride Month with a newly redesigned ReadProudListenProud.com, an online resource for LGBTQ literature recommendations designed to spark discussion in the classroom and at home and to encourage understanding through storytelling, celebrating everyone for who they are. expand
Announcements: 1 June 2016In this special edition of There’s a Book for That! We have adapted our moniker to reflect June’s focus on audiobooks. Founded and promoted by the Audio Publishers Association(APA), this year’s National Audiobook Month campaign, “A Good Audiobook Speaks Volumes,” launches June 1st and lends us the opportunity to feature popular titles and highlight the fact that listening to books has never been more popular – whether they are read by the author or an accomplished narrator. APA’s annual survey results, as reported expand
Announcements: 31 May 2016The “Podcasting at Penguin Random” Speakers Series event, which was presented on May 24 at 1745 Broadway’s Café Auditorium, featured a terrific panel of talented in-house podcasters: Karen Dziekonski (Executive Producer, Audio, and co-host of “This is the Author”), Lindsay Jacobsen (Associate Manager, Consumer Engagement, and co-host of “Beaks and Geeks”), Pat Stango (Senior Producer, Video, and host of “How to Watch Movies the Right Way”), Abbe Wright (Read it Forward Editor, and host of “Book Club Appetizer”), and Dan Zitt expand
Announcements: 27 May 2016Stuart Applebaum, our Emeritus Executive Vice President, Corporate Communications, was honored by UJA-Federation of the New York Publishing Division with its esteemed Harry Scherman Service Award for his nearly four-and-a-half-decade-long career and commitment to philanthropy. More than 500 book people from across the industry turned out for this expand
Announcements: 26 May 2016#FRIDAYREADS Mt. Everest is in the news again for tragic reasons. Three people have died, in as many days, on the 29,035-foot peak, reportedly of altitude sickness. Rescue efforts are ongoing for two other missing climbers. More than 400 people have tried to climb Everest this season, including 288 foreigners and more than 100 Sherpas and guides, said Sudarshan Dhakal, director of the Nepal Tourism Department. That’s more than the average for previous seasons, he said. expand
FEATURED TITLES: LEFT FOR DEAD: MY JOURNEY HOME FROM EVEREST by Beck Weathers, Stephen G. Michaud In 1996 Beck Weathers and a climbing team pushed toward the summit of Mount Everest. Then a storm exploded on the mountain, ripping the team to shreds, forcing brave men to scratch and crawl for their lives. Tie-in to “Everest”, starring Josh Brolin, Jake Gyllenhaal, Keira Knightley, and Robin Wright. THE CALL OF EVEREST: THE HISTORY, SCIENCE, AND FUTURE OF THE WORLD’S TALLEST PEAK by Conrad Anker, Thomas Hornbein, Bernadette McDonald, David Breashears Gripping and sumptuous, this is the definitive book on the history, mystique, and science of Mount Everest, including how climate change is impacting the world’s tallest mountain. DEAD LUCKY: LIFE AFTER DEATH ON MOUNT EVEREST by Lincoln Hall Lincoln Hall’s breathtaking account of surviving a night in Everest’s “death zone.” INTO THE SILENCE: THE GREAT WAR, MALLORY, AND THE CONQUEST OF EVEREST by Wade Davis The definitive story of the British adventurers who survived the trenches of World War I and went on to risk their lives climbing Mount Everest. EVEREST, REVISED AND UPDATED: MOUNTAIN WITHOUT MERCY by Broughton Coburn The terror and triumph of the May 1996 climbing season on Mount Everest will go down in infamy. Made famous by Jon Krakauer’s bestseller INTO THIN AIR and recounted in David Breashears’s gripping IMAX film, the story is relayed in National Geographic’s gripping volume, updated with brilliant new panoramic photography. INTO THIN AIR: A PERSONAL ACCOUNT OF THE MT. EVEREST DISASTER by Jon Krakauer A bank of clouds was assembling on the not-so-distant horizon, but journalist-mountaineer Jon Krakauer, standing on the summit of Mt. Everest, saw nothing that “suggested that a murderous storm was bearing down.” He was wrong. FOR YOUNG READERS: WHERE IS MOUNT EVEREST? by Nico Medina, John Hinderliter, David Groff - Ages 8 to 12 In this compelling narrative, Nico Medina guides readers through the mountain’s ancient beginnings, first human settlers, historic climbs, and the modern commercialization of mountain-climbing. TRIUMPH ON EVEREST: A PHOTOBIOGRAPHY OF SIR EDMUND HILLARY by Broughton Coburn – Ages 10 and up This exciting photobiography celebrates the extraordinary life of the New Zealand farm boy who in May 1953 became the first person known to have reached the summit of Mount Everest. With climbing partner Tenzing Norgay, the iron-willed Hillary crossed deadly icefalls, clawed his way up vertical walls, and persevered through gale-force winds until he finally stood at the top of the world. For more information on these and related titles visit the Edelweiss collection: Mount Everest Titles
Announcements: 26 May 2016Bestselling Penguin Random House authors Emma Straub and Meg Wolitzer will appear at Barnes & Noble on the Upper West Side on Tuesday (5/31), at 7pm for a discussion and celebration of Straub’s highly anticipated new novel MODERN LOVERS, which goes on sale from Riverhead Books on May 31st. expand
Announcements: 25 May 2016National Book Award finalist and New York Times-bestselling author Jean Thompson returns with her most psychologically penetrating novel yet, SHE POURED OUT HER HEART, which goes on sale from Blue Rider Press on May 31. The book charts the course of a tumultuous, twenty-year friendship between two dissimilar best friends from college. Bonnie (single, witty, up-for-anything, sexually adventurous, prone to romantic disasters) and Jane expand
- “With piercing empathy and incandescent humor, Thompson considers the riddles of sexual passion and love, self and change, loyalty and forgiveness, forging an engrossing novel of crackling insights and ambushing drama.” – Booklist (Starred review)
- “National Book Award finalist Thompson illustrates the sometimes-ugly complexities of women’s friendships in an account of a decades-long relationship between two very different women…Thompson’s many fans will…find moments of clarity and insight in this parallel character study.” – Publishers Weekly
- “Both Jane and Bonnie are well-crafted characters, reflecting Thompson’s consistent knack for capturing the emotional seas within seemingly conventional middle-class Midwesterners. (She’s also excellent at depicting children, so often an afterthought in such novels.)” – Kirkus Reviews
Announcements: 25 May 2016May 30th is Memorial day. The last Monday in May, originally designated as "Decoration Day" in 1868, honors American men and women who have died in service to our Country. Memorial Day was borne out of the Civil War and was officially proclaimed by General John Logan, national commander of the Grand Army of the Republic"for the purpose of strewing with flowers, or otherwise decorating the graves of comrades who died in defense of their country during expand
Announcements: 24 May 2016James Dashner fans everywhere are invited to take part in the #DASHNERDASH BINGE READ, a rereading of all four titles in the bestselling Maze Runner series, in advance of the September 27 publication of the eagerly anticipated Maze Runner prequel novel, THE FEVER CODE. When discussing the reread on social media, readers are encouraged to use the hashtag #DashnerDash to follow along in the conversation. expand
Announcements: 24 May 2016Our #PenguinRandomArt campaign continues, with two original paintings by renowned UK artist Harland Miller now displayed at Penguin Random House’s 375 Hudson Street offices in New York. To celebrate the installation of these paintings on Friday (5/20), Penguin Publishing Group President Madeline McIntosh hosted a reception with a group of colleagues that featured a toast to the art by Penguin Random House Chairman John Makinson, who commissioned expand
Announcements: 23 May 2016Penguin Random House continues its longstanding run as Publishing Sponsor of Shakespeare in the Park, produced by the Public Theater and presented in Central Park’s Delacorte Theatre beginning on Tuesday, May 24, with an all-female version of The Taming of the Shrew, directed by Phyllida Lloyd and featuring Olivier Award nominee Cush Jumbo as Katherina and Tony Award winner Janet McTeer as Petruchio. The Taming of the Shrew performances are presented through June 17. Troilus and Cressida, directed by Tony Award winner Daniel Sullivan, will be staged from July 19 to August 14. expand
News and Information: 19 May 2016National Readathon Day is almost here! Get ready to post reading selfies all day long, and be sure to follow the hashtag #Readathon2016 to see authors and readers across the country do the same. Watch the video and click the stories below to get up to speed and find out everything you need to know for tomorrow. expand
Announcements: 19 May 2016As dad to two teenagers, it was only a matter of time before I was introduced to the concept of Throwback Thursday. This week, I have a few reasons to throw back in advance of the second annual National Readathon Day, happening this coming Saturday, May 21. expand
Announcements: 19 May 2016Since 1990, during the month of May, America has celebrated the historic and cultural contributions of Asian Americans and Pacific Islanders to our society. In honor of this special month, we’ve compiled a list of books that represent authentic Asian Pacific American voices on merging cultures, identity questions, discrimination, language barriers, religion, history, family, education, and the future. expand
Announcements: 19 May 2016The Random House US and Penguin Random House UK children’s divisions of Penguin Random House will jointly publish a young adult adaptation of Dan Brown’s #1 worldwide bestseller, THE DA VINCI CODE this fall. The acquisition was announced on May 18th by Barbara Marcus, President & Publisher of Random House Children’s Books (US), and Francesca Dow, Managing Director, Penguin Random House Children’s UK, who obtained World English rights from Heide Lange of Sanford J. Greenburger Associates. expand
Announcements: 19 May 2016Tim Tebow, former NFL quarterback, Heisman Trophy winner and popular sports broadcaster, has reached an agreement with WaterBrook, an imprint of the Crown Publishing Group, to author a new book scheduled for publication on October 25, 2016. SHAKEN: Discovering Your True Identity in the Midst of Life’s Storms combines never-before-told, personal stories from Tebow’s football experience and life with biblical teaching on anchoring identity and self-worth. As part of the agreement, WaterBrook will create a companion video Bible study and other products. expand
Announcements: 18 May 2016Let’s paint Facebook with a little bit of orange and put our “Read” stamp in Facebook feeds across the country. Join your colleagues, authors, and readers everywhere and celebrate #Readathon2016 this Saturday, May 21, by updating your Facebook profile picture with our “Read” badge. It’s as easy as 1, 2, 3! expand
Announcements: 17 May 2016On Friday (5/20) at 7pm at Barnes & Noble on the Upper West Side, Jojo Moyes will discuss and sign copies of her #1 New York Times bestselling novel, ME BEFORE YOU, published by Viking/Pamela Dorman Books/Penguin Books. Moyes will also share the trailer for the upcoming film based on her blockbuster book which is now available in a new movie tie-in paperback edition. expand
Announcements: 17 May 2016Renowned UK artist Harland Miller, who gained notoriety for his original paintings on large canvases inspired by Penguin Books cover designs, has completed a number of new Penguin book-themed paintings. Commissioned by Penguin Random House Chairman John Makinson and donated by a Penguin business partner pre-merger, this original artwork is in the process of being installed at Penguin Random House locations worldwide, including 375 Hudson Street in New York as well as offices in London, Toronto, Australia, India, New Zealand, South Africa, Ireland, and Sao Paulo, Brazil. expand
News and Information: 17 May 2016The winner of the 2016 Man Booker International Prize is Han Kang, for THE VEGETARIAN, published by Hogarth, an imprint of the Crown Publishing Group, it was announced on Monday in London. Ms. Han shares the award with the book’s translator, Deborah Smith, the pair splitting the most prestigious prize for translated fiction in the UK. Warm congratulations to Ms. Han and her publisher, as well as Ms. Smith. expand
Announcements: 15 May 2016As we near National Readathon Day, happening this Saturday, May 21, readers everywhere will now be able to contribute to #Readathon2016 through its newly launched Donate campaign on Facebook. All Facebook users will be able to make a commitment to early childhood literacy through the Donate button now available on the ALA Facebook page, which seamlessly facilitates swift and secure online contributions to National Readathon Day on the Facebook platform. expand
News and Information: 15 May 2016These are the words that open Stephanie Danler’s extraordinary debut novel, SWEETBITTER, which will be published by Alfred A. Knopf on May 24, introducing readers to Tess, the book’s twenty-two-year-old narrator: “You will develop a palate. A palate is a spot on your tongue where you remember. Where you assign words to the textures of taste. Eating becomes a discipline, language-obsessed. You will never simply eat food again.” expand
News and Information: 15 May 2016The Crown Publishing Group announced that it has relaunched ReadItForward.com. With an active online community of over 385,000 members, Read It Forward is a publisher-agnostic book vertical that helps readers discover exciting new books and classic reads. Managed by the Crown Publishing Group’s Community Development team, the site has grown substantially, in volume and in editorial content, since its creation in 2008. The new design features a fresh, modern look; a more intuitive site navigation; and an editorial shift toward long-form content, original essays by bestselling authors, and curated book recommendations from the Read It Forward staff. expand
- Book Club Appetizer: a podcast hosted by Abbe Wright (Editor, Read It Forward) and Alana Buckbee (Sr. Manager, Community Development, Crown Publishing Group), recommended as an audio “kickoff” for book club meetings. Each episode focuses on a single title, beginning with plot discussion and thoughts on favorite characters, and culminating in an interview with the book’s author. Participating authors include such notables as Amber Brock (A FINE IMITATION, Crown), Anton DiSclafani (THE AFTER PARTY, Riverhead Books), Camille Perri (THE ASSISTANTS, G. P. Putnam’s Sons), Hannah Pittard (Listen to Me, Houghton Mifflin Harcourt), and Nicola Yoon (THE SUN IS ALSO A STAR, Delacorte Press).
- The Book Apothecary: a web-based application that prescribes the perfect book to fit any mood (inspired by the Crown bestselling book THE LITTLE PARIS BOOKSHOP by Nina George).
- What We’re Reading: a weekly newsletter, which features curated picks from bestselling authors and the Read It Forward editorial team.
- #AskaLibrarian: the weekly Twitter recommendation hour, in partnership with Library Journal, Penguin Random House, and librarians across the country.
- BookBento: still life photography featuring new titles, as well as favorite backlist reads, that creates a browsable bookstore on Instagram.
News and Information: 12 May 2016May has been Mental Health Month since 1949. This year’s theme is “Life with a Mental Illness.” Over the decades, the topic of mental health has certainly become more prominent, with the help of a growing number of recognizable people “coming out” with their mental disorders and increasing reporting in popular media. expand
News and Information: 12 May 2016As part of our Publisher Profile series, Nancy Paulsen, president and publisher of her eponymous Penguin Young Readers imprint, shares personal insights into her outstanding career in book publishing, her bestselling, award-winning authors – Jacqueline Woodson, Lynda Mullaly Hunt and Maira Kalman, among them – as well as new books and authors she is looking forward to publishing in the coming year. expand
News and Information: 12 May 2016Roger Scholl, Vice President, Executive Editor, Crown Publishing Group, delves inside the acquisition, editing and impact of A MOTHER’S RECKONING: Living in the Aftermath of Tragedy by Sue Klebold, the mother of Columbine shooter Dylan Klebold. expand
Announcements: 8 December 2015
News and Information: 22 April 2015PenguinRandomHouse.com. Watch the video above and click here to learn more and explore the site.
Press Release: 31 March 2015
Berlin, March 31, 2015 – Bertelsmann in the last fiscal year increased both its revenues and its operating result to the highest levels in seven years, while again investing in growing its business: The international media, services and education company improved its growth profile and expanded its digital business as well as its international presence with the acquisition of the e-learning provider Relias Learning in the United States and majority stakes in the video marketer SpotXchange and the multichannel network StyleHaul.expand
- Revenues increase 3.1 percent to €16.7 billion
- Operating EBITDA grows 2.7 percent to €2.37 billion
- Group profit affected by special items
- Investments continue at high level and hit €1.6 billion
- Advances in strategy implementation improve growth profile
- Merger of Penguin and Random House contributes to growth
- Education business as third pillar alongside media and services
- Medium-term target for Group profit at €1 billion
Revenues from Bertelsmann’s continuing operations grew by 3.1 percent, to €16.7 billion in 2014 (previous year: €16.2 billion). Key drivers were strategic transactions such as the merger of the Penguin and Random House trade book publishing groups, the full acquisition of the music rights company BMG, and the expansion of financial and e-commerce services at Arvato. The downscaling of businesses in structural decline in part offset this growth.
During the past fiscal year, Bertelsmann improved its operating EBITDA by 2.7 percent, to €2.37 billion, also the highest level since 2007 (previous year: €2.31 billion). In particular, the result reflects a record performance by Mediengruppe RTL Deutschland, a strong list of bestsellers at Penguin Random House in the U.S. and U.K., and growth in the music rights business. The EBITDA margin was again high at 14.2 percent (previous year: 14.3 percent).
Group profit of €573 million was below the prior year’s level of €885 million. This was the result of downscaling the print and direct-marketing businesses, expenditures on profitimprovement measures, a value adjustment to the Hungarian television business, and the absence of special items which had boosted group profit the previous fiscal year.
Thomas Rabe, Chairman and CEO of Bertelsmann, said: “2014 was a gratifying year for us. Our revenue is the highest it has been in seven years. The same goes for our operating result – it is one of the best in Bertelsmann’s history. The implementation of our strategy is paying off. We again made a number of major advances during the past year. We significantly increased our activities in high-growth areas, further expanded the globally unique diversity of our creative activities and services, and at the same time disposed of businesses in structural decline. This transformation over the past few years has significantly improved the company’s growth profile. Since 2012 alone, we have invested more than two billion euros in growth businesses. We will keep up this brisk pace and continue to invest in expanding existing businesses and building new ones in the years ahead. The contours of the ‘new Bertelsmann’ are already clearly visible – faster growing, more digital, and more international than before.”
By successfully implementing its strategy Bertelsmann increased the revenue contribution of high-growth businesses to 27 percent in 2014 (2011: 22 percent). In this three-year period, the revenue share of structurally declining businesses fell from 15 percent to below 10 percent. In the medium term, growth businesses are expected to make up around 40 percent of group revenues, businesses in structural decline about five percent.
Thomas Rabe emphasized that in 2014 and the first few months of the present year, Bertelsmann had taken big steps towards reaching all four of its strategic priorities – strengthening the core, digital transformation, expanding growth platforms, and forging ahead in growth regions.
For instance, the core businesses were strengthened by the expansion of RTL Group’s families of channels, as well as increasing distribution revenues from platform operators. At Penguin Random House, the world's largest trade book publishing group, the integration of the two companies has progressed faster than planned; the merger is already paying off on the creative and commercial fronts: Penguin Random House publishers achieved outstanding creative results on all continents. The publishing group rose to number one in the Latin American Spanish-language book market through the acquisition of Santillana’s Spanish- and Portuguese-language trade publishing businesses. Similarly, the complete takeover of Gruner + Jahr in 2014 was a strategic milestone. Bertelsmann will continue to develop Gruner + Jahr into a leading house of content by, among other initiatives, investing in the company’s transformation. Concurrently, Bertelsmann intensified the downscaling of businesses in structural decline: the Group sold businesses including Brown Printing in the U.S., the Italian printing operations and the calendar business, and decided to discontinue the German club business at the end of this year. In parallel, Bertelsmann launched a number of measures to improve the results of its core businesses, with a medium-term volume of about €500 million.
Bertelsmann also increased its footprint and reach in the digital world. RTL Group’s catchup services, its web productions and web channels, and its multi-channel networks together recorded 36.4 billion online video views in 2014, turning RTL Group into the world's fourthlargest provider of online video content. Penguin Random House last year expanded its e-book catalog to more than 100,000 titles, and sold over 100 million of its titles in electronic form worldwide. Gruner + Jahr expanded its portfolio of e-magazines, high-reach mobile sites and apps, and its digital advertising sales. Arvato achieved further growth as a service provider for IT, high-tech and e-commerce companies. Bertelsmann’s various companies and editorial platforms now reach about 750 million followers on Twitter, Facebook, Google+ and YouTube via their social media channels.
An important milestone in the Group’s expansion of its growth platforms in 2014 was the acquisition of the online education provider Relias Learning, also Bertelsmann’s biggest purchase in the U.S. since the acquisition of Random House in 1998. Investments in California-based Alliant University and the educational services provider Synergis Education served to further expand the education business. In addition, RTL Group subsidiary Fremantle Media bought the majority of shares in TV production company 495 Productions; Arvato acquired the e-commerce service provider Netrada; and BMG, among a number of deals, purchased the music publishers Talpa and Union Square, and the music-rights catalogs Montana and Hal David.
Bertelsmann also expanded its business activities in growth regions. The company enlarged its content businesses, including Penguin Random House’s trade publishing operations in India, and its TV business in Asia. Here, RTL Group and CBS Studios International launched a second joint pay-TV channel. Also, BMG entered the market in China. In the course of last year, the Bertelsmann Asia Investments fund participated in eleven promising companies with predominantly digital business models – more than ever before in a single year – and significantly increased the value of its portfolio. Bertelsmann’s investments in China include the online shopping platform Mogujie and the leading online performance marketing company iClick. In India, Bertelsmann made investments in several businesses, including digital marketplace Pepperfry and education provider iNurture.
Bertelsmann Chairman and CEO Thomas Rabe said: “There is hardly another media company that is transforming as rapidly as we are. Our strong core businesses, numerous growth initiatives, and ongoing acquisitions will, step by step, increase our revenues to around 20 billion euros in the years ahead. Our education business and our activities in the growth regions of Brazil, China and India will each contribute one billion to this overall number.”
Business expansion again led to a high investment volume in 2014. Including financial debt assumed, Bertelsmann invested €1.6 billion (previous year: €2.0 billion), mainly in the acquisitions of Relias Learning, SpotXchange and StyleHaul, Santillana, and the Netrada group. There were also acquisitions of music catalogs and packages of film rights. Net financial debt rose to €1.69 billion (previous year: €681 million) due to the acquisition activities. The previous year’s value also included proceeds from the placement of RTL Group shares. The Group’s broader economic debt increased to €6.04 billion at December 31, 2014, partly due to higher provisions for pensions, after €4.22 billion in the previous year. Adjusted operating free cash flow amounted to €1.71 billion (previous year: €1.83 billion). Thomas Rabe added: “Bertelsmann is on an expansionist course – we have started this year off nicely. Given the ongoing transformation of our Group, we expect higher revenues and higher operating EBITDA in 2015. We want to significantly increase our Group profit to one billion euros in the medium term.”Bertelsmann’s employees are participating in the successes achieved: For the past financial year, they will receive profit participation amounting to €85 million. In accordance with the terms governing the Bertelsmann 2001 profit participation certificate (ISIN DE0005229942), 15 percent on the nominal value will be paid out on May 6, 2015. The payout for the 1992 profit participation certificate (ISIN DE0005229900) will be 5.93 percent (previous year: 7.49 percent).
Other key financials:
Special items amounted to € -619 million compared to € -46 million the previous year, and are largely attributable to the strategic measures taken in 2014. The downscaling of business in structural decline resulted in restructuring expenses and value adjustments in Bertelsmann’s print, club and direct-marketing operations. The sale of Be Printers’ Italian print unit led to a disposal loss. Spendings on profit-improvement measures also resulted in higher special items. Furthermore, there was a write-down on RTL Group’s TV business in Hungary, where the national parliament had levied a new tax on advertising income.
In the reporting period, Bertelsmann generated net cash from operating activities of €1,523 million (previous year: €1,779 million). The Group’s long-term operating free cash flow adjusted for non-recurring items was €1,711 million (previous year: €1,826 million). The cash conversion rate was 97 percent (previous year: 104 percent), which puts it within the target corridor of 90 to 100 percent.
Total assets increased to €21.5 billion as of December 31, 2014 (previous year: €21.4 billion). The increase is mainly attributable to acquisitions during the reporting period, as outlined