The U.S. Department of Justice has approved the proposed merger between Random House and Penguin, though it remains under consideration by international antitrust authorities. Read more »
Random House and Bertelsmann sister company Fremantle Media are partnering to launch a new initiative, Random House Television, that will develop TV shows based on Random House books. Random House authors will also be invited to develop original TV programming. Read more »
Large book publishers’ most recent earnings reports reflect a new normal: Revenues are roughly flat, but profits are up — in large part due… Read more »
2011 is widely believed to be a year of explosive growth for e-books, but few statistics are available yet for this year. However, here’s a… Read more »
Bertelsmann AG has acquired digital media agency Smashing Ideas, Inc. for its Random House division. While the match between an established… Read more »
Bertelsmann, who all but exited out of music business when it sold its portion in Sony (NYSE: SNE) BMG back to Sony last year, is back in it… Read more »
After slashing the value of its RTL-owned broadcaster Five, German media group Bertelsmann’s saw its annual net profit slump by one third to… Read more »
