October 20, 2014

Random House-Penguin Merger Receives Green Light from U.S. Dept. of Justice

From Laura Hazard-Owen at paidContent: Random House parent company Bertelsmann and Penguin parent company Pearson announced Thursday that the Department of Justice has approved the proposed merger between Random House and Penguin “without conditions.” The merger, which remains under review by other antitrust authorities including the European Commission and the Canadian Competition Bureau, would create […]

BookScout: A New Book Recommendation App From Random House Launching Tuesday on Facebook

Screenshot at Jan 20 21-13-32

UPDATE: The BookScout app for Facebook is now live. (Monday, January 21, 2012). From The NY Times: On Tuesday, the [Random House] digital unit will release an app called BookScout that lets users share favorite books with friends and then receive reading recommendations based on their own preferences. (It was released to Random House employees […]

Big Six May Become Big Five—Random House and Penguin in Preliminary Merger Talks

Penguin and Random House logos combined

Pearson is in talks with Bertelsmann to combine Penguin and Random House, the company confirmed. However, “the two companies have not reached agreement and there is no certainty that the discussions will lead to a transaction,” Pearson said in a statement.

Nova Scotia: Libraries Boycott Random House Over E-Book Prices

From the CBC: Libraries on Nova Scotia’s South Shore are boycotting Random House, one of the world’s largest book publishers, over what they call unfair e-book pricing. The company began charging public libraries up to three times the retail price for downloadable books last month. [Clip] Troy Myers, CEO and chief librarian of South Shore […]

Oy! "Librarians Feel Sticker Shock as Price for Random House Ebooks Rises as Much as 300 Percent"

By Mike Kelley at Library Journal: New prices for Random House’s ebooks took effect on Thursday, and as the details emerged a number of librarians across the country expressed dismay at the doubling and tripling in prices they are seeing. “We’re very concerned. These are tough times for libraries. It’s very tough here in Louisville,” […]

PW: "Random House Will Raise Library E-book Prices, But Commits to E-Book Lending"

From a Publisher’s Weekly Article by Andrew Albanese: Never has a price increase been such good news for libraries. At a meeting with ALA leaders this week in New York, Random House officials said the “terms of sale” for Random House e-books to libraries will change, with a price increase coming. But the publisher reiterated […]