World News Insights
1-3 Minute Gist

All Topics Article

Random House and Penguin to Be Combined

New York Times Original article ›

Keywords:

LyrArc Article Gist
The planned merger of Random House owned by Bertelsmann, and Penguin owned by Pearson, creates the largest consumer book publisher in the world with a 25% market share. Bertelsmann will control 53% of the new entity, and Pearson 47%. The merger will help the new entity better handle the challenges presented by the shift to electronic books and internet retailing, and respond to the power of large companes such as Apple, Amazon and Google in this field. This creates pressure for mergers among the other large publishers, Hatchette owned by Lagardere in France, HarperCollins a part of News Corporation, Macmillan part of Georg von Holtzbrinck in Germany, and Simon & Schuster a part of CBS.

Random House- Penguin book publishing merger with entity owned by Bertelsmann and Pearson

10/29/2012

Mergers in the publishing industry as a result of changes in the field with the Amazon Kindle e-reader, the Apple iPad and internet technologies from Google.

Grouped Articles

Random House and Penguin to Be Combined

New York Times 10/29/2012

Bertelsmann Getting Out of Book Retailing

Wall Street Journal 06/30/2014

Corporate Watch: News Digest

Wall Street Journal 10/07/2014

Former Bertelsmann Chief Gets Three-Year Prison Sentence

Wall Street Journal 11/15/2014

Bertelsmann Says Its Buying Spree Isn’t Over

Wall Street Journal 05/06/2015

FT Sale Gives Pearson Valuable Paper

Wall Street Journal 07/24/2015

Bertelsmann performance

10/29/2012

Grouped Articles

Bertelsmann Getting Out of Book Retailing

Wall Street Journal 06/30/2014

Corporate Watch: News Digest

Wall Street Journal 10/07/2014

Former Bertelsmann Chief Gets Three-Year Prison Sentence

Wall Street Journal 11/15/2014

Bertelsmann Says Its Buying Spree Isn’t Over

Wall Street Journal 05/06/2015

Random House and Penguin to Be Combined

New York Times 10/29/2012

Pearson management

01/20/2009

Grouped Articles

Pearson Details Restructuring

Wall Street Journal 05/24/2013

FT Sale Gives Pearson Valuable Paper

Wall Street Journal 07/24/2015

Pearson in Talks to Sell Economist Stake

Wall Street Journal 07/27/2015

Scardino, Chief of Pearson, to Step Down

New York Times 10/03/2012

Pearson CEO's Move Stirs Speculation on Assets

Wall Street Journal 10/04/2012

Random House and Penguin to Be Combined

New York Times 10/29/2012

Pearson strategies

01/20/2009

Grouped Articles

Pearson Details Restructuring

Wall Street Journal 05/24/2013

Pearson Inks Deal to Sell Financial Times to Nikkei

Wall Street Journal 07/24/2015

FT Sale Gives Pearson Valuable Paper

Wall Street Journal 07/24/2015

Nikkei to Buy Financial Times From Pearson for $1.3 Billion

New York Times 07/23/2015

Pearson in Talks to Sell Economist Stake

Wall Street Journal 07/27/2015

Scardino, Chief of Pearson, to Step Down

New York Times 10/03/2012

New e-book pricing after the U.S. Justice Department 2012 lawsuit on price collusion and its impact on Barnes and Noble's Nook

05/21/2010

Whereas Barnes and Noble could make $3.90 per title under the old pricing arrangements established by Apple and other publishers, it will have to take losses under pricing following Amazon's lower pricing.

Grouped Articles

Barnes & Noble Pulls Back After Losses In Tablet Wars

Wall Street Journal 06/26/2013

Judge Rules Against Apple in E-Books Trial

New York Times 07/10/2013

E-Books Rewrite Bookselling

Wall Street Journal 05/21/2010

Barnes & Noble to Spinoff Nook Unit

New York Times 06/25/2014

Barnes & Noble, Microsoft End Nook Pact

Wall Street Journal 12/05/2014

Apple Loses Federal Appeal in E-Books Case

Wall Street Journal 07/01/2015


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us