Random House CEO Dohle Addresses Performance in Letter

Here is the full text of Dohle’s letter:

Dear Random House Colleagues,
Bertelsmann’s announcement today of the operating results for the first six months of our 2008 fiscal year is the right moment for my first worldwide letter as Random House CEO. I’d like you to have a better understanding of how we are performing globally by giving you some of the facts behind our mid-year numbers. I want you to have a sense of what we have to accomplish together before the fiscal year ends. I also want you to know how much I truly value your efforts in these difficult economic times.