Monday, October 29, 2012

Penguin-Random House Merger

This is the first I'm hearing of this! Apparently the two behemoth publishers are currently in talks to merge, nothing decided as of yet. Hit up the article below:

Penguin-Random House Merger Talks: Rumors Confirmed

October 25, 2012

Pearson notes recent media coverage regarding Penguin, its consumer publishing division, and Random House (part of Bertelsmann). Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement and there is no certainty that the discussions will lead to a transaction. A further announcement will be made if and when appropriate.

If anything changes, I hope it's for the better, resulting in more opportunities for poor starving illustrators like me.

No comments:

Post a Comment