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Apr 17, 2024 · With over 18,000 new titles and more than 700 million print, audio and eBooks sold annually, Penguin Random House’s publishing lists include more than 80 Nobel Prize laureates and hundreds of the world’s most widely read and lauded authors. Penguin Random House is wholly owned by Bertelsmann.
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Bertelsmann is a media, services and education company with...
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Number One in the World of Book Publishing. BMG. Home for...
- Company Profile
The company was created in 2013 through the merger of the publishing businesses of Bertelsmann and Pearson. With the acquisition of Random House in 1998, Bertelsmann already became the largest book publisher in the English-speaking world.
Bertelsmann's German-language publishing group Verlagsgruppe Random House will be completely integrated into Penguin Random House, adding 45 imprints to the company, for a total of 365 imprints. As of 2021, Penguin Random House employed about 10,000 people globally and published 15,000 titles annually under its 250 divisions and imprints.
Random House is an American book publisher and the largest general-interest paperback publisher in the world. [1] [2] [3] It has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by the Germany -based media conglomerate Bertelsmann .
On July 1, Bertelsmann und Pearson combine their book publishing businesses – Random House and Penguin Group – into the world’s biggest trade publishing group. Bertelsmann is the majority owner of the merged company Penguin Random House, with a 53-percent stake, while Pearson owns 47 percent.
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