Inside the Australian and New Zealand book industry

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PRH 2024 results: 8.5% sales increase

Worldwide sales at Penguin Random House (PRH) increased by 8.5% and profits rose 11.3% in 2024, due to higher book prices, the continuing strength of the audiobook market, and higher acquisitions in 2024 compared to 2023, reports Publishers Weekly (PW). The publisher’s revenue increased to €4.9 billion (A$8.5b) in 2024...

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Category: International news