Penguin Random House
Penguin Random House LLC is an Anglo-American multinational conglomerate publishing company formed on July 1, 2013, from the merger of Penguin Group and Random House.[2][3]
 | |
| Type | Private (Subsidiary) |
|---|---|
| Founded | July 1, 2013 |
| Founder | Markus Dohle |
| Headquarters | Random House Tower, New York City, United States 20 Vauxhall Bridge Rd, London, United Kingdom |
Area served | Worldwide |
Key people |
|
| Products | Books |
| Revenue |  €4 billion (2021)[1] |
Number of employees | 10,000 (as of July 1, 2013[update]) |
| Parent | Bertelsmann |
| Website | www |
On April 2, 2020, Bertelsmann announced the completion of its 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.[4]
As of 2021, Penguin Random House employed about 10,000 people globally and published 15,000 titles annually under its 250 divisions and imprints.[5] 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 U.S., 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.[6][7]
On November 25, 2020, The New York Times reported that Penguin Random House was planning to purchase Simon & Schuster from Paramount Global for $2.175 billion.[8] However, on November 2, 2021, the U.S. Department of Justice sued to stop the deal on antitrust grounds, a suit that eventually succeeded on October 31, 2022.[9][10] The deal formally collapsed on November 22, 2022.[11]