Last November, it was announced that Bertelsmann has agreed a $2.2bn deal to buy Simon & Schuster from owner ViacomCBS. The deal would see Penguin Random House (PRH) merge with Simon & Schuster (S&S), meaning the… Read more »

“We’ve been the most active player on the consolidation of the book publishing market in the last 10 years.” This is not the most obvious thing to brag about if… Read more »

Bertelsmann, the gigantic German media conglomerate and parent company to Penguin Random House, announced earlier this week its plan to become carbon neutral by 2030. In his note to Bertelsmann’s employees,… Read more »