PRH Had a Record Year in 2021
Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion.| PublishersWeekly.com
Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion.| PublishersWeekly.com
The book business is working faster and smarter than ever before. One indicator of that: the surprising strength of book sales.| PublishersWeekly.com
Some interesting data has surfaced recently providing more nuance about the true scope of backlist sales — from both the antitrust trial and NPD Bookscan — that’s worthy of gathering in one place. During the pandemic, Bookscan data showed a marked acceleration of backlist sales, from roughly 62 or 63 percent of print units in 2019 up to 70 percent of print units so far this year, with a trendline that looks like it never changes direction. That has been attributed to a number of pandemi...| Publishers Lunch
Will authors be hurt if the PRH S&S merger goes as planned? Is a super-sized Penguin Random House bad for other reasons?| As in guillotine...
“Everything is random in publishing. Success is random. Bestsellers are random. So that is why we are the Random House!”| BOOK RIOT
What numbers are publicly available to establish a clearer picture about PRH’s marketing spend and what it means for authors?| As in guillotine...
