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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 ]
In 2012, Pearson (which also owns Penguin Random House) acquired Author Solutions from Bertram Capital Management for $116 million. [8] [9] In 2013 Forbes magazine and Publishers Weekly reported that Author Solutions and its associated companies were being sued as part of a potential class action suit alleging deceptive practices. Damages of $5 ...
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.
In 2013, Pearson PLC merged Penguin with Bertelsmann owned Random House to form Penguin Random House. [12] New American Library is currently part of the Penguin Publishing Group, where it is a sister imprint to the Berkley Publishing Group. In June 2015 it was announced by Penguin that starting in fall of 2016, Berkley would publish fiction ...
When Penguin merged with Random House in 2013 to form Penguin Random House, Berkley was integrated with the larger paperback line New American Library; the Berkley name was retained for that whole program, which is part of PRH's Penguin Adult group, and publishes in mass-market paperback, trade paperback, and hardcover formats. [2]
In 2023, Penguin Random House became the majority owner of Sourcebooks, owning 52% of the company; [15] and Sourcebooks acquired Callisto Media, the parent of Rockridge Press. [16] The same year, Penguin Random House and Sourcebooks launched Callisto China. [17] As of January 2024, Sourcebooks says that it is the seventh largest book publisher ...
Harmony Books is an imprint of the Crown Publishing Group, itself part of publisher Penguin Random House. It was founded by Bruce Harris, a Crown executive, in 1972. [1] The imprint has been used for such books as: Jill Freedman, Circus Days (1975, ISBN 0-517-52008-7, ISBN 0-517-52009-5).
In 2023, Hay House was acquired by Penguin Random House. [9] In his statement on the news of the acquisition, Penguin Random House CEO Nihar Malaviya said, "As we deepen our relationship with Hay House, we're thrilled to support the company's growth and explore the areas of opportunity in their publishing services.
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