Penguin-Random House Merger

According to the New York Times,

Random House and Penguin completed their planned merger Monday morning, creating the biggest and most powerful book publisher in the world.

The new company, called Penguin Random House, will control more than 25 percent of the trade book market in the United States, giving it unmatched leverage against Amazon.com, a growing force in the industry.

For the complete story, please see here.

Some of the links above may be “affiliate links.” If you make a purchase or sign up for a service through one of these links, I may receive a small commission from the seller. This process involves no additional cost to you and helps defray the costs of making content like this available. For more information, please see these affiliate disclosures.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.