Penguin UK c.e.o. Tom Weldon has said the publisher will be making connections with creative technology providers at Silicon Roundabout and at SXSW Festival, as well at London Book Fair and Frankfurt, as it looks to take a "360 degree" approach to its IP.

Weldon said Penguin would continue to focus on its brand in 2013,...

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011). However, the publisher's profits dropped 12% on 2011, according to its 2012 preliminary results, producing an operating profit of £98m, down from £111m the year before.

Parent company Pearson reported a 5% rise in sales overall...

Penguin has benefited from a "good" fourth-quarter publishing performance and has traded in line with expectations, with the company expecting to report revenues for the publisher in line with 2011, according to a January trading update from its parent company Pearson. In its full year 2011 results, sales grew 1% on an underlying...

Pearson has bought a 5% stake in NOOK Media, the e-reading company spun out of Barnes & Noble earlier this year. Pearson is investing $89.5m in cash in the business valuing it at $1.8bn, and sees the deal as a way of leveraging its education content on the NOOK platforms. NOOK Media, which is part-owned by B&N and Microsoft, also...