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April 27, 2010By Michael Cader

Random House Discloses Sale of Japanese and Korean Units

April 27, 2010By Michael Cader

Random House revealed quietly in an internal personnel announcement that over the past 10 months the company has retrenched from two pieces of the Peter Olson expansionist years. In September, they discontinued their Japanese joint venture, Random House Kodansha, which began in 2003, and in February they divested their Random House Korea, which they had started as a joint venture with JoongAng and bought full control of four years ago. In both cases, the units were sold to the CEOs and executives who run the companies. Random House Kodansha ceo Yuji Takeda led the buyout of what is now called […]

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Filed Under: Finance, International News, Personnel

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