The merger of Penguin and Random House (except for Random House Germany) into a single company first announced October 29, 2012 has now officially been completed. Headquartered in New York, the new company employs over 10,000 people, and publishes over 15,000 new titles annually across 250 imprints. For 2012, Penguin Random House would have had pro forma sales of 3.2 billion euros (or about $4.16 billion), and operating profit of 427 million euros. (Bertelsmann’s version of the release says the company “will generate annual revenues of approximately €3 billion ($3.9 billion).” A new starting logo combines the colophons of the two […]
