International Branches
Random House, Inc. maintains several independently managed subsidiaries around the world.
The Random House Group is one of the largest general book publishing companies in the UK and is based in London. The Group comprises five publishing companies: Cornerstone Publishing, Vintage Publishing, Ebury Publishing, Random House Children's Publishers UK and Transworld Publishers, boasting more than 40 diverse and highly respected imprints. Its distribution business services its own imprints as well as 60 other UK publishers. The Random House archive and library is located in Rushden in Northamptonshire.
The Random House Group also operates branches in Australia, New Zealand, South Africa (as a joint venture under the name Random House Struik), and India as part of its overseas structure. In Australia offices are in Sydney and Melbourne. In New Zealand it is based in Glenfield, Auckland, while Random House's Indian headquarters are located in New Delhi.
Verlagsgruppe Random House was established after Bertelsmann's 1998 acquisition of Random House, grouping its German imprints (until then operating as Verlagsgruppe Bertelsmann) under the new name. It is the second largest book publisher in Germany with more than 40 imprints, including historic publishing houses Goldmann and Heyne, as well as C. Bertelsmann, the publishing house from which today's Bertelsmann AG would eventually evolve. Verlagsgruppe Random House is headquartered in Munich (with additional locations in Gütersloh, Cologne, and Aßlar), employs about 850 people, and publishes roughly 2.500 titles per year.
Random House of Canada was established in 1944 as the Canadian distributor of Random House Books. In 1986 the company established its own indigenous Canadian publishing program that has become one of the most successful in Canadian history. Until January 2012 it used to hold a 25% stake in McClelland & Stewart, with the remaining 75% being controlled by the University of Toronto. It is now the sole owner of McClelland & Stewart.
Random House Mondadori is Random House's Spanish-language joint venture with Italian publisher Mondadori, targeting markets in South and Central America and Spain. It is headquartered in Barcelona with locations in Argentina, Chile, Colombia, Mexico, and Uruguay.
In late 2009 and early 2010, respectively, Random House discontinued their Japanese joint venture Random House Kodansha, which had been established in 2003, and also divested their four-year ownership of Random House Korea. The company has since named Random House Australia managing director Margie Seale responsible for exploring and evaluating potential future business opportunities in Asia.
Read more about this topic: Random House
Famous quotes containing the word branches:
“Think how stood the white pine tree on the shore of the Chesuncook, its branches soughing with the four winds, and every individual needle trembling in the sunlight,—think how it stands with it now,—sold, perchance, to the New England Friction-Match Company!”
—Henry David Thoreau (1817–1862)