Penguin

  1. Bertelsmann Shuts Its German Book and Music Club Business

    June 18, 2014 9:02 AM EDT Marking the end of an era, German media giant Bertelsmann has shut down its German book and music club business, saying the division will be rolled up completely by the end of 2015. The Bertelsmann book club was set up in 1950 by company founder R ...

  2. Bertelsmann Registers Record First-Half Operating Profit

    August 30, 2013 4:27 AM EDT German media giant Bertelsmann on Friday reported its highest profit from operations for a first half of the year in its long history, with operating profit jumping $50 million to $1.02 billion. The company also posted net profit of $557 million ...

  3. Business Matters: What to Expect from Spotify's 'New Direction' Press Conference Next Week

    November 21, 2011 6:31 PM EST What to Expect from Spotify's 'New Direction' Press Conference -- Spotify sent out an announcement Monday morning for a "global press conference" that will take place on November 30 in New York. The event will be hosted by ...

  4. Connecticut AG Probes Apple, Amazon Over E-books

    August 03, 2010 12:00 AM EDT Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books, saying the agreements may block rivals from providing attractive pricing. Earlier this year, Ama ...

  5. Indian Authorities Bust Harry Potter Pirates

    August 09, 2005 12:00 AM EDT Delhi-based distributor Penguin says police busted two major book piracy rackets, seizing a number of counterfeit bestsellers, including 8,000 copies of J.K. Rowling's "Harry Potter and the Half-Blood NEW DELHI, India -- Police here have ...