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Penguin Random House aims to attack digital, emerging ebooks markets
A deal sealed over a weekend – Pearson and
Bertelsmann
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are combining their consumer book publishers Penguin and
Random House
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in a joint venture to save money that can be invested in the future of digital content.
So why are the companies merging? An announcement says:”Penguin Random House” will be held 47 percent by Pearson and 53 percent by the German media conglomerate Bertelsmann but do...
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Summary
A deal sealed over a weekend – Pearson and Bertelsmann are combining their consumer book publishers Penguin and Random House in a joint venture to save money that can be invested in the future of digital content.
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