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Posts Tagged ‘Markus Dohle’

Madeline McIntosh Random House’s Overall Digital Strategy

rh23.jpgAs news broke yesterday that Random House would split Crown Publishing Group into two distinct groups, GalleyCat asked Random House, Inc. spokesperson Stuart Applebaum what the reorganization meant for overall digital publishing efforts at the conglomerate.

“The person who will lead our digital momentum is Madeline McIntosh,” he explained, referring to the Nov. 2 re-hiring of the digital executive. “She had been with Random House and its predecessor companies prior to leaving us in mid-2008 to join to Amazon. [Random House CEO] Markus Dohle brought her back last month. She’s starting in December to be president, Sales, Operations, and Digital She’s been one of the online marketing pioneers.”

Yesterday’s reorganization leaves Crown trade publishing imprints on one side and Random House Audio Group and the Random House Information Group on the other. Crown Publishing Group publisher Jenny Frost is leaving the company. Doubleday Canada’s executive publisher Maya Mavjee will take over as publisher of the restructured Crown Publishing Group.

Crown Publishing Group Split and Publisher Leaves

crown.jpegRandom House CEO Markus Dohle announced today that Crown Publishing Group will be broken into two distinct groups. Crown Publishing Group publisher Jenny Frost is leaving the company. Doubleday Canada’s executive publisher Maya Mavjee will take over as publisher of the restructured Crown Publishing Group.

In a memo Random House CEO Markus Dohle summarized the changes: “After an extensive review, we believe that both our overall publishing interests and those of our respective imprints, authors, and our colleagues, will now be best served by splitting off the current Crown Publishing Group into separately structured and distinct groups: one comprised of the Crown trade-publishing imprints; the other with the Random House Audio Group and the Random House Information Group.”

As the news broke, GalleyCat had a telephone interview with Random House, Inc. spokesperson Stuart Applebaum: “Mavjee is joining Crown to maximize their publishing potential,” he explained. He also stressed the digital potential of the restructuring: “One of the rationales for the reorganization is to give our Random House Information Group publishing lines an even greater opportunity to expand on their digital publishing options. Already the Fodor’s Travel site is one of the most popular in its area, and we expect to be able to grow these businesses digitally on what has been a very strong foundation.”

The restructuring memo follows after the jump.

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Steve Rubin Resigns at Random House

rh23.jpgAfter serving as executive VP and publisher-at-large for Random House since February, former Doubleday Broadway Group publisher Steve Rubin has resigned from the restructured conglomerate.

According to Publishers Weekly, the executive decided to move on after 25 years at the company. In February Rubin took on a new position, serving as a “new business advocate” after the company rearranged its imprints and laid-off many employees–a move that altered his old Doubleday Broadway Group position.

Here’s more from the article: “In his memo about Rubin’s resignation, Random chairman Markus Dohle praised Rubin for having ‘one of the most accomplished and distinguished careers in our company’s history.’ Dohle said that since becoming publisher-at-large Rubin has contributed to shaping Random’s global strategy and helped land several promising projects, including the book to be written by former President George W. Bush.”

Random House Revenue Drops for First Half of 2009

rh23.jpgIn a new earnings report, Random House reported that worldwide revenues were down by 32 million euros for the first half of 2009 compared to the same period last year. Overall, the publisher’s corporate parent, Bertelsmann, posted some tough numbers as well, reporting a 333 million euro net loss for the first half of 2009.

The conglomerate publisher counted 140 titles on the New York Times bestseller lists during the first half of 2009, but the release said the U.S. arm of the company suffered from “continued distressed economic environment and the reduction in inventory levels by major bookstores.” Nevertheless, the company expressed faith that the massive restructuring last year will “offset” these loses.

Here’s more from Random House CEO Markus Dohle‘s open letter to worldwide staff: “Our customers implemented tighter inventory controls, resulting in significantly higher returns and fewer copies ordered, on both initials and reorders, which hurt frontlist as well as backlist sales … But our fiscal year is not all gloom and doom. Our six-month results only partially reflect the current big turn in the right direction for our business–our strong sales performance overall during June, July, and August in our territories. Our monthly numbers are rising, thanks to some of our biggest-selling titles of 2009.”