Although operating EBIT fell 4.9% in the year at Penguin Random House, executives at parent company Bertelsmann had nothing but good things to say about the results from the world’s largest trade publisher.
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and from Shelf Awareness:
'Changing the World One Book at a Time'
"Everyone at Penguin Random House, no matter where you work or what you do, shares the same motivation: We want to change the world--one book at a time. Our collective belief in the power that a book can have is what inspires us to keep on sparking conversations, challenging the status quo, surprising readers, and creating must-reads--in short, nourishing a passion for reading."
--Markus Dohle, Penguin Random House CEO, in a note to employees about Bertelsmann's fiscal year 2013 results, issued this morning. (Among highlights: Penguin Random House had 261 New York Times bestsellers in its first six months as a newly merged company, has nearly 12,000 employees and sold more than 100 million e-books worldwide.)
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