In November 2015, Pearson announced it would rebrand to focus on its education division. On July 11, 2017, Pearson sold 22% of its stake in the business to Bertelsmann, thereby retaining a 25% holding. On December 18, 2019, Bertelsmann agreed to acquire Pearson's 25% stake in Penguin Random House, making it a wholly owned subsidiary of Bertelsmann. The sale was completed on April 2, 2020. In June 2020, Penguin Random House became part of a group of publishers who sued the Internet Archive, arguing that its collection of e-books was denying authors and publishers revenue and accusing the library of "willful mass copyright infringement".
On November 25, 2020, Penguin Random House agreed to purchase American publisher Simon & Schuster from ViacomCBS for $2.175 billion, with a formal regulatory approval process to follow the purchase agreement. On November 2, 2021, the US Justice Department filed a civil antitrust lawsuit to block Penguin Random House's proposed acquisition of Simon & Schuster, alleging that the acquisition would create a publisher with too much influence over books and author payments. In October 2022, the U.S. District Court for the District of Columbia ruled in favor of the Justice Department. On November 21, 2022, Penguin Random House officially scrapped the deal. As a result, it was to pay a $200 million termination fee to the recently-rebranded Paramount Global. Simon & Schuster would instead be sold to Kohlberg Kravis Roberts on October 30, 2023.
In July 2024, it was announced that Penguin Random House would acquire comic book publisher Boom! Studios.
DK (Dorling Kindersley) was founded in London in 1974.
Crown Publishing was founded in 1933 as the Outlet Book Company, a remainder house, and is now a publisher of fiction and narrative non-fiction. In 2018, Crown was combined with the main Random House Publishing Group.
Penguin Young Readers Group is a division devoted to books for young readers and young adults.
Book Country was a subsidiary online writing and publishing community. Book Country was launched in April 2011 with a focus on romance, mystery, science fiction, fantasy. On July 29, 2013, Book Country relaunched with online writing workshops in more than 60 literary categories, including literary fiction, memoir, and women's fiction. As of September 2013, the site had more than 10,000 members. As of November 2020, the site is no longer operational.
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