Going, going, gone! The rush sale of The Financial Times
The Financial Times newspaper was sold yesterday to the Japanese financial media group Nikkei. The FT had been owned by Pearson Publishing Group, one of the biggest players in the… Read more »
Highlights from the Penguin Random House year-end report
Man, Penguin Random House is huge. Did you know it was huge? You might have missed that it controls over half of the publishing industry. Or if you read last… Read more »
Bertelsmann continues to take on the world. Next up: Brazil, China, and India
Bertelsmann, the German media giant that owns that little publisher Penguin Random House, has decided to grow in the education and digital media markets abroad. The company announced yesterday that it… Read more »
Auf Wiedersehen, German book clubs
We mentioned this briefly two weeks ago, and the Wall Street Journal reported yesterday with more details: Bertelsmann is closing its retail division in Germany, Austria, and Switzerland by the… Read more »
Bertelsmann To Shut Down German Book Club Division
If you live in Germany, Austria, or Switzerland, and, by some chance, belong to Bertelsmann’s book club, I’ve got some bad news: from now on, you’ll have to buy your… Read more »