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 […]
Archives for July 2013
People, Etc.
The ALA’s Carnegie Medals went to Richard Ford‘s CANADA for fiction and Timothy Egan‘s SHORT NIGHTS OF THE SHADOW CATCHER for nonfiction. Nicole Russo has been hired as director, children’s marketing and publicity for Abrams Children’s, Amulet, and Appleseed. Previously she was deputy director of publicity at Simon & Schuster Children’s. In addition, Paul Colarusso has been named marketing manager for the adult trade division. Previously he was a marketing manager at the Aperture Foundation. The new Atria imprint that Dawn Davis will run will be named 37 Ink (for the 37th parallel north).