Company Overview of Random House, Inc.
Random House, Inc. publishes trade books in print, digital, and audio formats. It offers original and reprinted fiction and nonfiction books for adults and children. It offers publisher, educator, rights and permissions, vendor, insight Web, technology, affiliate program, and speakers’ bureau services. It offers books in various categories, such as African-American interest, antiques and collectibles, architecture, art, audio, biography and memoir, body, mind and spirit, books to film, business and economics, classics, comics and graphic novels, computers, cooking, crafts and hobbies, crossword puzzles and word games, current affairs, drama, education, entertainment, and family and relations...
New York, NY 10019
Founded in 1925
Key Executives for Random House, Inc.
Chairman of The Executive Board and Chief Executive Officer
President and Chief Operating Officer
Member of The Executive Board and President of Knopf Publishing Group
Member of The Executive Board
Senior Vice President of Operations and Senior Vice President of Administration
Compensation as of Fiscal Year 2013.
Random House, Inc. Key Developments
Random House LLC Partners with LeapFrog Enterprises, Inc. to Bring Library to LeapReader Platform
Sep 2 13
LeapFrog Enterprises, Inc. and Random House LLC and a publisher of unabridged audiobooks, have entered into a partnership to bring Listening Library's library of children's audio books to the LeapReader platform.
Random House, Inc. Reports Earnings Results for the Year of 2012
Mar 26 13
Random House, Inc. reported earnings results for the year of 2012. For the year, the company reported revenues of EUR 2,142 million compared to EUR 1,749 million a year ago. Operating EBIT was EUR 325 million compared to EUR 185 million a year ago. During the reporting period, Random House posted year-on-year increases in revenue and operating EBIT across all its territories. Growth was driven primarily by numerous big selling titles, with cost management, a lower returns rate, and currency effects impacting favorably on the results.
Random House, Inc. and Penguin Books Ltd to Form Joint Venture That Would Create the Publisher of Consumer Books; Announces Management Appointments
Oct 30 12
Random House, Inc. and Penguin Books Ltd. plan to be brought together in a joint venture that would create the publisher of consumer books. The German media company Bertelsmann, which owns Random House, will own a controlling 53% of the venture while British publishing house Pearson, which owns Penguin, will have the rest under the deal that's subject to regulatory approval. The companies plan to call the venture Penguin Random House. As well as publishing books from authors such as John Grisham, Random House scored a major hit this year with E.L. James' steamy novel Fifty Shades of Grey. The combined company would control 26% of the global consumer publishing market, leaping ahead of the 17% share of French publisher Lagardere, according to research by Espirito Santo Bank. The announcement could lay to rest the ambition of Rupert Murdoch's News Corp. of netting Penguin. Reports over the last couple of days have indicated that News Corp. had expressed an interest in buying Penguin for $1.6 billion in cash. News Corp. owns HarperCollins, another big publishing house.
Under the terms of the deal, Random House worldwide Chief Executive Markus Dohle would be CEO of the new group, and Penguin CEO John Makinson would be the chairman of its board of directors.
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