Legal News

Penguin and Random House Merge
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

The Book Giants are merging to face off against such impossibly daunting market stompers as Amazon: Pearson’s Penguin Book division and German Media company Bertelsmann’s Random House are merging to become the world’s largest publisher of consumer books, holding one quarter of the market, according to the associated press.

This brings such books under the same umbrella who might in fact aesthetically negate each other, such as Penguin’s backlist of such works as George Orwell’s 1984 and Random’s recent riff raff such as “Fifty Shades of Grey.”

Together, the merger will control 26 percent of the global market, with their closest competition being French Publisher Lagardere.


Bertelsmann will maintain exclusive control over their German market, Penguin over their Educational brand. The new group will be known as Penguin Random House, and 53 percent of it will be owned by Bertelsmann.

The official such and such about why they merged is explained by Bertelsmann’s Dohl, that it will “Create a publishing home that gives employees, authors, agents, and booksellers access to unprecedented resources.”

This was sung to the same tune as Marjorie Scardino of Pearson who said, “Together, the two publishers will be able to share a large part of their costs, to invest more for their author and reader consistencies and to be more adventurous in trying new models in this exciting, fast-moving world of digital books and digital readers.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

The words sound bubbly, but the last clause gives a hint why the merger really accorded. As Jonathan Jackson, head of equities at Kellick & Co said, “We believe the tie-up is a sensible one, although it is clearly a defensive responses to the long-term pressures affecting the industry, including dramatic growing in digital retail channels, self-publishing and digital reading.”

With juggernauts like Amazon to go up against, and the booming digital market, publishing companies are more likely to make extreme gestures and huge mergers.


Interesting Legal Sites You May Like




Search Now

Litigation Associate Attorney


Columbia office is seeking a commercial litigation attorney with 2-4 years of experience.

Apply Now

Attorney with 3-7 years of commercial/complex litigation experience


Cerritos office of our client seeks attorney with 3-7 years of commercial and complex litigation exp...

Apply Now

Insurance Coverage Associate Attorney


Chicago office of our client seeks associate attorney with insurance coverage experience. The candid...

Apply Now

Patent Agent with 1 year of electrical engineering experience

USA-CA-San Francisco

San Francisco office of our client seeks entry level patent agent with 1 year of experience. The can...

Apply Now


Corporate / Commercial Attorney | Lebanon, NH


Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Executive Assistant / Office Administrator


If you have administrative support experience in the legal industry, or even paralegal expertise,...

Apply now

Associate - Mid-Level - GL Group


Defense firm seeking mid-level associate for Westchester office to fill General Liability position. ...

Apply now

Mortgage Compliance Analyst


Job Description: Rubicon Mortgage Advisors LLC, a locally-owned, boutique mortgage lender is seeki...

Apply now


To Top