Penguin Random House
Penguin Random House LLC is a multinational conglomerate publishing company formed in 2013 from the merger of Penguin Group and Random House.
In April 2020, Bertelsmann announced the completion of their purchase of Penguin Random House which had been announced in December 2019, by buying Pearson plc's 25% ownership of the company. With that purchase, Bertelsmann became the sole owner of Penguin Random House. 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 2013, Penguin Random House employed about 10,000 people globally and published 15,000 titles annually under its 250 divisions and imprints. These titles include fiction and nonfiction for adults and children in both print and digital. Penguin Random House comprises Penguin and Random House in the US, UK, Canada, Australia, New Zealand, Portugal, and India; Penguin in Brazil, Asia and South Africa; Dorling Kindersley worldwide; and Random House's companies in Spain, Hispanic America, and Germany.In November 2020, The New York Times reported that Penguin Random House is purchasing Simon & Schuster from ViacomCBS for $2.175 billion.
The deal is dependent on approval by international regulators.