Penguin and Random House Merge, Saying Change Will Come Slowly

The new company, Penguin Random House, will control more than 25 percent of the trade book market in the United States.

    

Media Decoder Blog: Bertelsmann Acquires Full Control of BMG Music Company

Bertelsmann restarted BMG in 2008, and now has bought up the 51 percent stake owned by Kohlberg Kravis Roberts, signaling a full return to the music business.