 | |
| Parent company | Penguin Random House (as of 1 July 2013)[1] |
|---|---|
| Status | Active |
| Founded | 1935 |
| Founder |
|
| Country of origin | United Kingdom |
| Headquarters location | City of Westminster, London, England |
| Distribution | United Kingdom, Ireland, India, United States, Australia, Canada, New Zealand, South Africa, Spanish-speaking world, Brazil, Germany, Portugal |
| Key people | |
| Publication types | Books |
| Imprints | Penguin Classics, Viking Press |
| Revenue | €3.4 billion [2] |
| Owner(s) | Bertelsmann |
| No. of employees | 10,000[2] |
| Official website | penguin |
Penguin Books Limited is a British publishing house. It was co-founded in 1935 by Allen Lane with his brothers Richard and John,[3] as a line of the publishers The Bodley Head, only becoming a separate company the following year.[4] Penguin revolutionised publishing in the 1930s through its inexpensive paperbacks, sold through Woolworths and other stores for sixpence, bringing high-quality fiction and non-fiction to the mass market.[5] Its success showed that large audiences existed for serious books. It also affected modern British popular culture significantly through its books concerning politics, the arts, and science.[6]
Penguin Books is now an imprint of the worldwide Penguin Random House, a conglomerate formed in 2013 by its merger with American publisher Random House, a subsidiary of German media conglomerate Bertelsmann.[7] Formerly, Penguin Group was wholly owned by British Pearson plc, the global media company which also owned the Financial Times.[8] When Penguin Random House was formed, Pearson had a 47% stake in the new company, which was reduced to 25% in July 2017. Since April 2020, Penguin Random House has been a wholly owned subsidiary of Bertelsmann. It is one of the largest English-language publishers formerly known as the "Big Six"—now the "Big Five", along with Holtzbrinck/Macmillan, Hachette, HarperCollins and Simon & Schuster.[9]
Penguin Books has its registered office in the City of Westminster, London, England.[10][11]
https://en.wikipedia.org/wiki/Penguin_Books
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