Pearson and Bertelsmann announce the completion of the merger of Penguin and Random House

“Pearson and Bertelsmann today announce the completion of the joint venture between Penguin and Random House to create Penguin Random House, the world’s leading consumer publishing company. Penguin Random House will be the first truly global publishing company with operations in the US, Canada, UK, India, South Africa, Australia, New Zealand, Spain, Mexico, Argentina, Uruguay, Colombia and Chile. The new company employs more than 10,000 people and publishes more than 15,000 new titles every year across 250 imprints. It publishes many of the world’s bestselling authors, including more than 70 Nobel Prize laureates.” (via Pearson)

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