Topic

PRH

4 articles tagged with “PRH”

Penguin Random House headquarters facade with financial data projections — PRH 2025 annual results

PRH Profits Fell 4.7% in 2025 as Bertelsmann Invests €246M in AI and Digital Tools

Penguin Random House reported a 4.7% decline in operating EBITDA to €704 million in 2025, despite a 1.3% increase in total sales to nearly €5 billion. Parent company Bertelsmann attributed the earnings dip to growth-related expenses in the US core business and negative exchange rate effects from a weaker dollar. The company invested €246 million in digital transformation and strategic acquisitions, including the €99 million purchase of personalised publisher Wonderbly, the expansion of its proprietary BookBoost marketing platform, and the deployment of machine-learning tools for demand forecasting and dynamic pricing. Digital audiobooks continued to grow, particularly in the UK, while print revenues saw slight declines in the US and Germany. The US remains PRH's largest market at 57.7% of global revenue. Top-performing titles included Mel Robbins' The Let Them Theory and Dan Brown's The Secret of Secrets.

March 27, 2026Publishers Weekly / Bertelsmann Annual Report

PRH Bertelsmann Publisher Strategy

Publisher Strategy

PRH Completes Boom! Studios Integration into Random House Worlds — DTC and Crowdfunding Expertise Goes Group-Wide

Penguin Random House has completed the full integration of Boom! Studios into its Random House Worlds group, following the initial acquisition in July 2024. Michael Kelly, former VP of global publishing at Hasbro, has joined as VP and Publisher of Boom!, reporting to SVP Keith Clayton. Boom!'s direct-to-consumer and Kickstarter crowdfunding expertise will now be extended across all Random House Worlds imprints. The integration included layoffs of executive editor Kwanza Osafjeyo and associate marketing manager Anthony Mauro. Core editorial leadership, including EIC Andy Schmidt, remains in place.

March 25, 2026Publishers Weekly

PRH Boom! Studios Random House Worlds

Writer at desk with Substack open on laptop, traditional London publishing house visible through arched window

Digital Strategy

Books, Substack-ified: Authors Equity and the Literary Creator Economy Challenge Traditional Publishing

Authors Equity, the publisher co-founded by former PRH CEO Madeline McIntosh, is publishing Substack co-founder Hamish McKenzie's new book and using the platform as a core part of its publishing and publicity strategy. Meanwhile, Ottessa Moshfegh, George Saunders, and other major authors are self-publishing prose on Substack, and Random House has acquired a novel that originated as a Substack newsletter.

March 22, 2026Publishers Weekly

Substack Authors Equity Creator Economy

Illustrated children's book open on stone surface with Machu Picchu peaks in the background and traditional Peruvian textiles

Global Publishing

PRH Peru Publishes First Book Entirely in Quechua, Marking a Milestone for Indigenous-Language Publishing

Penguin Random House Peru has published Iskay Claus Wawqikuna, the Quechua edition of María Fe Castro's bestselling children's book Los dos Claus, translated by linguist Luis Alberto Medina Huamaní. It is the first book in any Indigenous language in PRH Peru's catalogue, and the first major-publisher children's book in Quechua.

March 17, 2026Publishing Perspectives

Indigenous Languages Latin America PRH