Houghton Mifflin Harcourt Co., the educational book publisher backed by hedge-fund manager John Paulson, raised $219 million in its U.S. initial public offering, pricing its shares below the marketed range.
Apple Inc. is set for a replay of a court fight against Samsung Electronics Co. in which the iPhone maker may seek to recoup more than the $411 million in damages a judge cut from a $1.05 billion jury award in 2012 over patents.
Ken Katzman, vice president of trade marketing at Dover Publications, explains how a traditional book publisher can compete in an increasingly digital world. Katzman also offers his perspective on the future of Barnes & Noble, and explains how Mineola, New York-based Dover Publications is growing its traditional business. Katzman talks with Bloomberg's Vonnie Quinn on Bloomberg Radio's "The Hays Advantage." (Source: Bloomberg)
Pearson Plc shares have lagged behind peers since hitting a 12-year high in July as a restructuring at the publisher of everything from textbooks to Tom Clancy’s thrillers failed to convince investors of its digital strategy.
Bertelsmann SE, Europe’s biggest media company, said first-half operating profit rose 5.2 percent to a record, helped by the assumption of full control of music publishing-rights venture BMG Rights Management GmbH.