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MUMBAI: The Random House Group in the UK has agreed to acquire a majority shareholding
in BBC Books. The deal brings together two publishers of non-fiction as BBC Books
will become part of the Ebury Publishing Division of The Random House Group under
Fiona MacIntyre, publisher of the Ebury Publishing Division. BBC Worldwide
will maintain a shareholding in BBC Books and the latter will continue to license
relevant book publishing rights in BBC programmes. BBC Books will, as before,
work within BBC editorial and commercial policy guidelines ensuring that appropriate
controls are maintained over the BBC brand. BBC Books' recent bestsellers
include David Attenborough's Life in the Undergrowth and Alastair Fothergill's
Planet Earth. Random House Group CEO Gail Rebuck said, "It is
exciting to announce this new relationship, which complements and enhances our
own non-fiction publishing, just as BBC Books celebrates an excellent year and
looks forward to a very strong autumn. We have brought together two talented creative
and successful publishing teams within one division, which will continue to publish
the broad and distinguished range of adult non-fiction for which both companies
are widely admired. "This combination of the best creative
talent backed by Random House's international sales and distribution capacity
ensures that we can expand on existing opportunities and create new projects for
the global market." BBC Worldwide CEO John Smith said, "We
have for some time stated our intention of seeking a partner for our books business
and are delighted to have reached this agreement with a publisher of the calibre
of Random House. The union will bring additional scope and scale to BBC Books
and enable the imprint to build further on this year's financial success and continue
to grow its enviable list. We look forward to working with our new colleagues."
The Random House Group is one of the largest general book publishing companies
in the UK. The Group is based in London with subsidiary companies in India, Australia,
New Zealand and South Africa. The Group comprises four publishing divisions with
33 diverse and highly individual imprints including Jonathan Cape, William Heinemann,
Chatto & Windus, Vintage, Corgi, Doubleday and Bantam Press. Novelists published
by the Group include Dan Brown, Jilly Cooper, J M Coetzee, Sebastian Faulks, John
Grisham, Robert Harris, Mark Haddon, Ian McEwan and Terry Pratchett. The
group's non-fiction publishing consists of broad general non-fiction and specialist
categories such as cookery, gardening, travel and business books. |