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Endpoint: The Penguin Group



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created on: 15/06/2018
by: Lo55o (12521)
 
 

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General info :
The Penguin Group refers to a number of companies such as Penguin Books Ltd., Penguin Books USA, Inc., Penguin Books Australia Ltd., Penguin Books Canada Ltd., Penguin Books (NZ) Ltd.
Formerly, The Penguin Group was wholly owned by British Pearson PLC, the global media company which also owned the Financial Times, but in the new umbrella company it retains only a minority holding of 25% of the stock against Random House owner, German media company Bertelsmann, which controls the majority stake. It is one of the largest English-language publishers, formerly known as the "Big Six", now the "Big Five".

History :
Penguin Books Ltd. (est. 1935) of the United Kingdom was bought over by Pearson Longman in 1970.

Penguin Group (USA), Inc. was formed in 1996 as a result of the merger between Penguin Books USA and the Putnam Berkley Group. The newly formed company was originally called Penguin Putnam Inc., but, in 2003, it changed its name to Penguin Group (USA) Inc.

Its British division is Penguin Books Ltd.
Other separate divisions can be found in the United States, Ireland, New Zealand, India, Australia, Canada, China, and South Africa.
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Item number : 22021

Submitted by : Lo55o (12521)
on : 15/06/2018