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The large publishing companies, including the "Big Five" (Penguin Random House, Hachette, Macmillan, HarperCollins and Simon & Schuster), act as distributors for the numerous imprints they have acquired over the years.
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 ]
The Crown Publishing Group is a subsidiary of Penguin Random House that publishes across several fiction and non-fiction categories. Originally founded in 1933 as a remaindered books wholesaler called Outlet Book Company, the firm expanded into publishing original content in 1936 under the Crown name, and was acquired by Random House in 1988.
In 2019, Penguin Random House acquired British children's book publisher Little Tiger Group, including Tiger Tales Press, a U.S. subsidiary, and added it to Random House Children's Books. [30] Penguin Random House announced an agreement to purchase Boom! Studios in July 2024, where Boom! would become part of Random House Worlds. [31] [32]
Grosset & Dunlap is a New York City-based publishing house founded in 1898.. The company was purchased by G. P. Putnam's Sons in 1982 [1] and today is part of Penguin Random House through its subsidiary Penguin Group.
The same year, Penguin Random House and Sourcebooks launched Callisto China. [18] As of January 2024, Sourcebooks says that it is the seventh largest book publisher in the United States. [ 19 ] In 2024, Penguin Random House increased its stake in Sourcebooks to 75%.
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] Bertelsmann owned 53% and Pearson 47% of the company. Penguin's trade publishing activity continued to include DK under the newly formed Penguin Random House. [11]
IPG acquired Paul & Company, an 11-year-old distributor of university presses, in 2001. IPG now sells directly to universities. In 2006, IPG acquired Trafalgar Square Publishing, founded in 1973, which is the distributor of more than 100 publishers from the UK, Australia, New Zealand, China, and Germany, representing more than 20,000 titles. Its roster includes HarperCollin
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