Random House: Difference between revisions

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McIntosh explained of the merger, saying, "We will need to do two things simultaneously. First, we must expand and strengthen the expert publishing teams who are specialized in and dedicated to each category. Second, we must invest even more aggressively in title-level and scaled marketing programs, capabilities, and partnerships. This will ensure that we not only maximize the sales for each individual book but also keep pace with consumer trends."<ref>{{Cite news |first=John |last=Maher |date=October 18, 2018 |url=https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/78369-random-house-crown-merge.html |title=The Random House and Crown Publishing Groups Merge |work=Publishers Weekly |access-date=November 16, 2018 |archive-date=November 16, 2018 |archive-url=https://web.archive.org/web/20181116020118/https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/78369-random-house-crown-merge.html |url-status=live }}</ref>
 
In 2019, Penguin Random House acquired British children's book publisher Little Tiger Group, including Tiger Tales Press, a U.S. subsidiary, and added it to Random House Children's Books.<ref>{{cite web | url=https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/79649-prh-acquires-u-k-s-little-tiger-group.html | title=PRH Acquires U.K.'s Little Tiger Group |first=Ed|last= Nawotka |website=Publishers Weekly|date=March 27, 2019 |url-status=live |archive-url= https://web.archive.org/web/20231008102848/https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/79649-prh-acquires-u-k-s-little-tiger-group.html |archive-date= Oct 8, 2023 }}</ref>
 
== Organization ==
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Random House, Inc. maintains several independently managed subsidiaries around the world.
 
'''The Random House Group''' is one of the largest general book publishing companies in the [[United Kingdom]];{{Citation needed|date=July 2021}} it is based in London.<ref name=":5">{{Cite web|title=THE RANDOM HOUSE GROUP LIMITED - Overview (free company information from Companies House)|url=https://find-and-update.company-information.service.gov.uk/company/00954009|access-date=2021-07-18|website=find-Find and- update. company information -information.service.gov GOV.ukUK|language=en|archive-date=July 18, 2021|archive-url=https://web.archive.org/web/20210718081606/https://find-and-update.company-information.service.gov.uk/company/00954009|url-status=live}}</ref>
 
The group comprises nine publishing companies: Cornerstone Publishing, [[Vintage Books|Vintage Publishing]], [[Ebury Publishing]], [[Transworld Publishers]], Penguin Random House Children's, Penguin Random House UK Audio, Penguin Michael Joseph, Penguin Press, and Penguin General.<ref>{{Cite web|title=Publishing houses |url=https://www.penguin.co.uk/company/publishers |website=Penguin Books UK |access-date=1 January 2023 |archive-date=12 December 2022 |archive-url=https://web.archive.org/web/20221212201719/https://www.penguin.co.uk/company/publishers |url-status=live}}</ref> Its distribution business services its own imprints, as well as 40 other UK publishers through Grantham Book Services.<ref>{{Cite web|title=Sales and distribution |url=https://www.penguin.co.uk/company/work-with-us/sales-and-distribution |website=Penguin Books UK |access-date=1 January 2023 |archive-date=12 December 2022 |archive-url=https://web.archive.org/web/20221212201731/https://www.penguin.co.uk/company/work-with-us/sales-and-distribution |url-status=live}}</ref>
 
The Random House archive and library is located in [[Rushden]] in Northamptonshire.
 
In 1989, [[Hutchinson (publisher)|Century Hutchinson]] was folded into the British [[Random House#The Random House Group|Random House Group]],<ref>{{Cite news|last=McDOWELLMcDowell |first=EDWINEdwin |date=1989-06-08|title=THEThe MEDIAMedia BUSINESSBusiness; Random House to Buy British Book Publisher|work=[[The New York Times]]|url=https://www.nytimes.com/1989/06/08/business/the-media-business-random-house-to-buy-british-book-publisher.html|url-access=limited|access-date=2018-01-20|issn=0362-4331|archive-date=July 18, 2021|archive-url=https://web.archive.org/web/20210718081610/https://www.nytimes.com/1989/06/08/business/the-media-business-random-house-to-buy-british-book-publisher.html|url-status=live}}</ref> briefly known as Random Century (1990–92),<ref>{{Cite web|title=Hutchinson and Company (Publishers) Limited {{!}} Baskerville Books|url=https://baskervillebooks.co.uk/publisher/hutchinson-and-company-publishers-limited.html|access-date=2021-07-18|website=baskervillebooks.co.ukBaskerville Books |language=en|archive-date=July 18, 2021|archive-url=https://web.archive.org/web/20210718080202/https://baskervillebooks.co.uk/publisher/hutchinson-and-company-publishers-limited.html|url-status=dead}}</ref><ref name=":5" /> Century became an [[Imprint (trade name)|imprint]] of the group's Cornerstone Publishing.<ref>{{Cite web|title=Cornerstone|url=https://www.penguinrandomhouse.co.uk/publishers/cornerstone/|access-date=2017-08-15|website=www.penguinrandomhouse.co.ukPenguin Random House UK |language=en|archive-date=August 15, 2017|archive-url=https://web.archive.org/web/20170815104839/https://www.penguinrandomhouse.co.uk/publishers/cornerstone/|url-status=dead}}</ref>
 
The Random House Group also operates branches in Australia, New Zealand, South Africa (as a joint venture under the name '''Random House Struik'''), and India as part of its overseas structure. In Australia offices are in Sydney and [[Melbourne]].<ref>{{Cite web|url = http://www.randomhouse.com.au/about/contacts.aspx|title = ContactsContact us |access-date = March 3, 2014|website = Random House Books Australia|publisher = Random House|url-status = live|archive-url = https://web.archive.org/web/20130929231658/http://www.randomhouse.com.au/about/contacts.aspx|archive-date = September 29, 2013}}</ref> In New Zealand it is based in [[Glenfield, New Zealand|Glenfield]], [[Auckland]], while Random House's Indian headquarters are located in New Delhi.
 
Verlagsgruppe Random House was established after Bertelsmann's 1998 acquisition of Random House, grouping its German imprints (until then operating as Verlagsgruppe Bertelsmann) under the new name; before April 2020, it has explicitly no legal part of the worldwide Penguin Random House company and a hundred percent subsidiary of Bertelsmann instead but de facto is led by the same management. It is the second largest book publisher in Germany with more than 40 imprints, including historic publishing houses [[Goldmann (publisher)|Goldmann]] and [[Heyne Verlag]], as well as C. Bertelsmann, the publishing house from which today's Bertelsmann SE & Co. KGaA would eventually evolve. Verlagsgruppe Random House is headquartered in [[Munich]] (with additional locations in [[Gütersloh]] (where Bertelsmann is headquartered), [[Cologne]], and [[Aßlar]]), employs about 850 people, and publishes roughly 2,500 titles per year. Following the formation of Penguin Random House, a '''Penguin Verlag''' (with no legal connection to Penguin Books) was founded for the German market in 2015, as part of the Verlagsgruppe Random House. With Bertelsmann acquiring full ownership of Penguin Random House in April 2020, Verlagsgruppe Random House is being reintegrated with the main Penguin Random House company and now known as '''Penguin Random House Verlagsgruppe.'''<ref name="acq">{{cite web |title=Bertelsmann Completes Full Acquisition of Penguin Random House |url=https://www.bertelsmann.com/news-and-media/news/bertelsmann-completes-full-acquisition-of-penguin-random-house.jsp |date=2020 |publisher=[[Bertelsmann]] |access-date=April 27, 2020 |archive-date=October 27, 2020 |archive-url=https://web.archive.org/web/20201027091110/https://www.bertelsmann.com/news-and-media/news/bertelsmann-completes-full-acquisition-of-penguin-random-house.jsp |url-status=live }}</ref>
 
'''Penguin Random House Grupo Editorial''' is Random House's Spanish-language division, targeting markets in [[Spain]] and [[Hispanic America]]. It is headquartered in [[Barcelona]] with locations in [[Argentina]], [[Chile]], [[Colombia]], [[Mexico]], [[Venezuela]], [[Uruguay]], and the United States. From 2001 until November 2012, it was a joint venture with Italian publisher [[Mondadori]] (Random House Mondadori). Upon Bertelsmann's acquisition of Mondadori's stake in the JV, the name was kept temporarily four months.<ref>{{Cite web | title = Random House Mondadori is renamed Penguin Random House Grupo Editorial | url = http://www.penguinrandomhouse.com/press-release/random-house-mondadori-is-renamed-penguin-random-house-grupo-editorial/ | access-date = November 6, 2013 | date = November 4, 2013 | publisher = penguinrandomhouse.comPenguin Random House | url-status = dead | archive-url = https://web.archive.org/web/20131117202430/http://www.penguinrandomhouse.com/press-release/random-house-mondadori-is-renamed-penguin-random-house-grupo-editorial/ | archive-date = November 17, 2013 | df = dmy-all }}</ref> Some Spanish-language authors published by Penguin Random House Grupo Editorial include [[Roberto Bolaño]], [[Javier Marías]], [[Mario Vargas Llosa]] and [[Guillermo Arriaga]].
 
'''[[Random House of Canada]]'''<ref>[http://www.randomhouse.ca/about-corporate Random House of Canada] {{webarchive |url=https://web.archive.org/web/20121126214622/http://www.randomhouse.ca/about-corporate |date=November 26, 2012 }}</ref> was established in 1944 as the Canadian distributor of Random House Books. In 1986, Random House of Canada established its own indigenous Canadian publishing program that has become one of the most successful in Canadian history. Until January 2012, it used to hold a 25% stake in [[McClelland & Stewart]], with the remaining 75% being controlled by the [[University of Toronto]]. It is now the sole owner of McClelland & Stewart.{{citation needed|date=September 2016}}