Thursday, December 6, 2012

Pearson, Bertelsmann confirm publishing tie-up | Redux

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Pearson, Bertelsmann confirm publishing tie-up

Excerpt:

LONDON Pearson PLC (PSO) will merge its Penguin Books division with Random House, which is owned by German media company Bertelsmann, in an all-share deal that will create the world's largest publisher of consumer books. The planned joint venture brings together classic and best-selling names. As well as publishing books from authors such as John Grisham, Random House scored a major hit this year with "Fifty Shades of Grey." Penguin has a strong backlist, including George Orwell, Jack Kerouac and John Le Carre. The two companies said Monday that Bertelsmann would own a controlling 53 percent share of the joint venture, which will be known as Penguin Random House. Bertelsmann would keep full control of Verlagsgruppe Random House, its trade publishing business in Germany, and Pearson would retain the right to use the Penguin brand in education. The announcement appears to put paid to any hopes that News Corp.

People:

Markus Dohle

Overall Sentiment: 0.165632

Relevance: 0.30171

SentimentQuote
0Dohle said the link-up will "create a publishing home that gives employees, authors, agents, and booksellers access to unprecedented resources."
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 1.4142135623731

Rupert Murdoch

Overall Sentiment: 0.0610633

Relevance: 0.284505

Disambiguation: BoardMember | CompanyFounder | TVActorReferences:

John Grisham

Overall Sentiment: 0.620104

Relevance: 0.274085

CEO John Makinson

Overall Sentiment: 0.0905996

Relevance: 0.258094

John Le Carre

Overall Sentiment: 0.0668052

Relevance: 0.230151

Disambiguation: References:

Marjorie Scardino

Overall Sentiment: 0.0471113

Relevance: 0.223543

SentimentQuote
0.201576"Together, the two publishers will be able to share a large part of their costs, to invest more for their author and reader constituencies and to be more adventurous in trying new models in this exciting, fast-moving world of digital books and digital readers," said Marjorie Scardino, ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0.201576
  • Mean: 0.201576
  • Standard Deviation: 1.4142135623731
Disambiguation: AwardWinner | BoardMember | ChivalricOrderMemberReferences:

George Orwell

Overall Sentiment: 0.170473

Relevance: 0.211527

Jack Kerouac

Overall Sentiment: 0.117538

Relevance: 0.194236

Disambiguation: FilmCharacter | MusicalArtist | Writer | FilmWriter | MusicalGroupMember | FilmActorReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Facility: Random House

Overall Sentiment: 0.0816655

Relevance: 0.326875

Company: Pearson

Overall Sentiment: 0.0237662

Relevance: 0.949546

Company: Penguin

Overall Sentiment: 0.101677

Relevance: 0.842666

Company: Random House

Overall Sentiment: 0.0994019

Relevance: 0.627011

Company: Bertelsmann

Overall Sentiment: -0.0478245

Relevance: 0.59692

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