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Penguin Random House Limited [3] is a British-American multinational conglomerate publishing company formed on July 1, 2013, with the merger of Penguin Books and Random House. [4] [5] Penguin Books was originally founded in 1935 [6] and Random House was founded in 1927. [7]
Random House is an imprint and publishing group of Penguin Random House. [1] [2] [3] Founded in 1927 by businessmen Bennett Cerf and Donald Klopfer as an imprint of Modern Library, it quickly overtook Modern Library as the parent imprint.
Penguin Books is now an imprint of the worldwide Penguin Random House, a conglomerate formed in 2013 by its merger with American publisher Random House, a subsidiary of German media conglomerate Bertelsmann. [8] Formerly, Penguin Group was wholly owned by British Pearson plc, the global media company which also owned the Financial Times. [9]
Penguin Group is a British trade book publisher and part of Penguin Random House, which is owned by the German media conglomerate Bertelsmann.The new company was created by a merger that was finalised on 1 July 2013, with Bertelsmann initially owning 53% of the joint venture, and Pearson PLC initially owning the remaining 47%. [2]
As a direct result, DK was taken over the following year by the Pearson plc media company and made part of Penguin Group, which also owned the Penguin Books label. [8] DK has continued to sell Star Wars books after the takeover. [9] In 2013, Bertelsmann and Pearson completed a merger to form Penguin Random House. [10]
Penguin Random House logo. Penguin Random House is the world's largest book publishing company. [203] The company was created in 2013 through the merger of the publishing businesses of Bertelsmann and Pearson. [204] With the acquisition of Random House in 1998, Bertelsmann already became the largest book publisher in the English-speaking world.
Puffin Books is a longstanding children's imprint of the British publishers Penguin Books. Since the 1960s, it has been among the largest publishers of children's books in the UK and much of the English-speaking world. [1] The imprint now belongs to Penguin Random House, a subsidiary of the German media conglomerate Bertelsmann.
Two publishing giants have agreed to a merger that will create the world's largest commercial publishing house. Random House - owned by Germany's Bertelsmann A.G. - and Penguin - owned by the U.K ...