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Scooped by Marianela Camacho Alfaro
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The Merger Has Been Finalized – Random Penguin Solutions is Born

The Merger Has Been Finalized – Random Penguin Solutions is Born | Ebook and Publishing | Scoop.it
Marianela Camacho Alfaro's insight:

"Bertelsmann and Pearson have officially announced today that they have completed all the steps required to merge 2 of the world’s largest publishing conglomerates into an even more unwieldy monolith.

Random Penguin Solutions will be jointly owned by Pearson and Bertelsmann, with the latter controlling 53% of the new company."

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Scooped by Marianela Camacho Alfaro
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The World’s First Truly Global Trade Book Publishing Company Launches

The World’s First Truly Global Trade Book Publishing Company Launches | Ebook and Publishing | Scoop.it
The global senior executive team for Penguin Random House was announced today (July 1st 2013) by Chief Executive Officer Markus Dohle, following the closing of the transaction by shareholders Bertelsmann SE & Co.
Marianela Camacho Alfaro's insight:

"The Bookseller reveals, “Pearson and Bertelsmann said that they intended that the combined organisation’s level of organic investment in authors and new product models would ‘exceed the total investment of Penguin and Random House as independent publishing houses’.”"

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