Does Bertelsmann own Penguin Random House?

Does Bertelsmann own Penguin Random House?

On July 1, Bertelsmann und Pearson combine their book publishing businesses – Random House and Penguin Group – into the world’s biggest trade publishing group. Bertelsmann is the majority owner of the merged company Penguin Random House, with a 53-percent stake, while Pearson owns 47 percent.

What publishers are under Penguin Random House?


  • 2.1 DK.
  • 2.2 Crown Publishing Group.
  • 2.3 Knopf Doubleday Publishing Group.
  • 2.4 Penguin Publishing Group.
  • 2.5 Penguin Young Readers Group.
  • 2.6 Random House Publishing Group.
  • 2.7 Random House Children’s Books.
  • 2.8 Penguin Random House Digital Publishing Group.

Is Penguin part of Simon and Schuster?

ViacomCBS has agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion in a deal that will create the first megapublisher. Penguin Random House, the largest book publisher in the United States, is owned by the German media conglomerate Bertelsmann.

Who owns Bertelsmann?

Bertelsmann StiftungBertelsmann / Parent organization

How do I get published by Penguin Random House?

Penguin Random House LLC does not accept unsolicited submissions, proposals, manuscripts, or submission queries via e-mail at this time. If you would like to have your work or manuscript considered for publication by a major book publisher, we recommend that you work with an established literary agent.

Does Random House own Simon and Schuster?

Does Random House own penguin?

Random House is an American book publisher and the largest general-interest paperback publisher in the world. The company has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by German media conglomerate Bertelsmann.

How much is Bertelsmann worth?

Total assets increased to €29.7 billion as of December 31, 2020 (previous year: €27.3 billion). Cash and cash equivalents amounted to €4.6 billion (previous year: €1.6 billion). Equity increased to €10.7 billion (previous year: €10.4 billion). The equity ratio was 36.1 percent (previous year: 38.2 percent).

Is Bertelsmann privately owned?

Bertelsmann SE & Co. KGaA is a privately held Kommanditgesellschaft auf Aktien (KGaA; partnership limited by shares). 80.9 percent of the capital shares in Bertelsmann SE & Co.

What does DK stand for publisher?

Dorling Kindersley Limited
Dorling Kindersley Limited (branded as DK) is a British multinational publishing company specialising in illustrated reference books for adults and children in 63 languages. It is part of Penguin Random House, a subsidiary of German media conglomerate Bertelsmann.

What is Dorling?

The name Dorling comes from the ancient Anglo-Saxon culture of Britain. It was a name for a person who was greatly loved by his friends and family. The surname was originally derived from the word deorling, which meant darling.