With all government approvals in, the powers-that-be have swiftly moved ahead to complete the merger of Random House and the Penguin Group. The deal was completed on July 1 and a lot of details remain to be worked out.
As things stand, Penguin Random House (or PRH) will have 10,000+ employees worldwide. PRH will publish more than 15,000 new titles annually throughout 250 imprints.
How many imprints was that? 250. Two hundred and fifty. Three hundred minus fifty.
No, I can’t quite wrap my brain around it either.
Only time will tell how this will play out but, if nothing else, it should be interesting.