Topic - Penguin Random House

Penguin Random House (PRH) is an American company formed by the merger of book publishers Random House (owned by Bertelsmann), and Penguin Group (owned by Pearson PLC). - Source: Wikipedia

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Penguin Random House and others argue that the market is dynamic and unpredictable, with competitors from university presses to capable of turning out bestsellers.

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On Thursday, Penguin Random House announced it was renaming an annual writing prize in her honor, the $10,000 Michelle Obama Award for Memoir, part of an awards program for public high school students the company launched in 1993.

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