Revision as of 11:13, 13 August 2021 edit Snizzbut (talk \| contribs) Extended confirmed users 624 edits shortened scentence by removing ambiguous wording and redundant mention of Star Wars (part of Disney—already listed) Tags: Mobile edit Mobile app edit iOS app edit ← Previous edit		Revision as of 23:16, 25 September 2021 edit undo Macrakis (talk \| contribs) Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers 53,495 edits say what its first business was; simplify language Next edit →
Line 21: }} '''Dorling Kindersley Limited''' (branded as ~~simply~~ '''DK''') is a British multinational [[publishing]] company specialising in illustrated reference books for adults and children in 63 languages.<ref name="about">{{cite web\|url=https://www.dk.com/uk/information/about-dk/\|title=About DK\|website=dkbooks}}</ref> It is part of [[Penguin Random House]], a subsidiary of German media conglomerate [[Bertelsmann]]. Established in 1974, DK publishes a range of titles in genres including travel (including [[Eyewitness Travel Guides\|DK Eyewitness travel]]), history, science, nature, sport, gardening, cookery and parenting. Line 30: ==History== [[File:DK logo 2014.svg\|150px\|thumb\|DK logo, 2014–2020]] DK was founded in 1974 by [[Christopher Dorling]] and [[Peter Kindersley]] in London, ~~and~~as ina ~~1982~~[[book ~~moved~~packaging\|book ~~into~~packager]], it started publishing its own titles in 1982.<ref name="about"/> The first book published under the DK name was a ''First Aid Manual'' for the British voluntary medical services. DK Inc. began publishing in the United States in 1991. That same year, [[Microsoft]] bought a 26 percent stake in DK.<ref>{{cite web\|url=http://www.alacrastore.com/storecontent/Thomson_M&A/Microsoft_Corp_acquires_a_minority_stake_in_Dorling_Kindersley_Ltd-196674040 \|archive-url=https://web.archive.org/web/20090803093908/http://www.alacrastore.com/storecontent/Thomson_M%26A/Microsoft_Corp_acquires_a_minority_stake_in_Dorling_Kindersley_Ltd-196674040 \|url-status=dead \|archive-date=2009-08-03 \|title=Microsoft Corp acquires a minority stake in Dorling Kindersley Ltd \|date=1991-03-18 \|publisher=[[Thomson Financial]] \|access-date=2008-10-30 }}</ref> In 1999, it overestimated the market for ''[[Star Wars]]'' books and was left with millions of unsold copies, resulting in crippling debt.<ref>{{cite web \|url=http://news.bbc.co.uk/2/hi/business/616623.stm \|website=www.bbc.co.uk \|title=Star Wars book flop hits DK \|date=24 January 2000 \|publisher=BBC \|access-date=17 October 2015 }}</ref> As a direct result, DK was taken over the following year by the [[Pearson plc]] media company and made part of [[Penguin Group]], which also owned the [[Penguin Books]] label.<ref>{{cite news \|author=Charles Goldsmith \|title=Media Giant Pearson Acquires U.K. Publisher Dorling Kindersley \|url=https://www.wsj.com/articles/SB954699553231714048 \|access-date=17 October 2015 \|work=The Wall Street Journal \|publisher=Dow Jones & Company, Inc \|date=3 April 2000}}</ref> DK has continued to sell ''Star Wars'' books after the takeover.<ref>{{citation\|title=Cover Stories: Political memoirs; the environmental Bible; Dorling Kindersley\|work=[[The Independent]]\|url=https://www.independent.co.uk/arts-entertainment/books/features/cover-stories-political-memoirs-the-environmental-bible-dorling-kindersley-828940.html\|author=The Literator\|date=16 May 2008}}</ref> In 2013, Bertelsmann and Pearson completed a merger to form Penguin Random House.<ref>{{citation\|title=Bertelsmann And Pearson Complete Merger To Form Penguin Random House\|publisher=The Random House Group\|url=http://www.randomhouse.co.uk/news/2013/07/bertelsmann-and-pearson-complete-merger-to-form-penguin-random-house\|date=1 July 2013}}</ref> Bertelsmann owned 53% and Pearson 47% of the company. Penguin's trade publishing activity continued to include DK under the newly formed Penguin Random House.<ref>{{citation\|title=CEO Markus Dohle Announces Penguin Random House Global Leadership Team\|publisher=Penguin Random House Group\|url=http://global.penguinrandomhouse.com/press-release/ceo-markus-dohle-announces-penguin-random-house-global-leadership-team/\|date=1 July 2013}}</ref>

DK (publisher): Difference between revisions