Random House announced a sweeping reorganization aimed at trimming costs, while Simon & Schuster said it was cutting 35 jobs.
Random House announced a sweeping reorganization aimed at trimming costs, while Simon & Schuster said it was cutting 35 jobs.
Like many businesses across the retail sector, the publishing industry has been hit by a raft of doom and gloom in the past few weeks.
The publishing group denied the cuts were linked to a delivery delay of the author Dan Brown’s new manuscript, or to a change of leadership at Random House, its parent company.
Rupert Murdoch has raised objections with Michael Wolff and his publisher about portions of a forthcoming biography, “The Man Who Owns the News.”
CNN, The Financial Times and other media companies are setting up shop in Abu Dhabi, an island city that is the capital of the United Arab Emirates.
Markus Dohle’s promotion to chief executive of Random House, the world’s largest consumer book publisher is just one part of a broader cultural makeover at Bertelsmann.
After weeks of speculation, Bertelsmann chose Markus Dohle, the head of its printing unit, to run the division.
After weeks of speculation, the German media conglomerate appointed Markus Dohle, the head of its printing unit, to run the division.
After weeks of speculation, Bertelsmann chose Markus Dohle, the head of its printing unit, to run the division.
Peter W. Olson, one of the most powerful figures in American book publishing, will step down amid mounting pressure over declining profits at Random House.