Anthony M. Schulte, Publishing Executive, Dies at 82

Jon Meacham, the longtime Newsweek editor and Pulitzer Prize-winning author, has accepted a high-ranking editorial position at Random House, the publisher said on Wednesday. In January, Mr.

(BERLIN) — Pearson PLC has confirmed that it will merge its Penguin Books division with Random House, which is owned by German media company Bertelsmann, in a deal that will create the world’s largest trade publisher. Pearson says Monday that Bertelsmann would own a controlling 53 percent share of the joint venture, which will be known as Penguin Random House. Bertelsmann would keep full control of its trade publishing business in Germany and Pearson would retain rights to use the Penguin brand in education.

A combined Penguin and Random House would have sales of about $3 billion. The bigger market share would help them compete against Amazon.com and others.British publishing house Pearson said it's in talks to combine its Penguin book publishing unit with Random House Inc.