
Simon & Schuster Bought by Penguin Random House Discussion With Steve Laube
Christian Publishing Show
00:00
The Murger Has Been Announced
Penguin Random House is in the process of buying a publishing company for $2.5 billion. The purchase will be debt-free, which means from day one they will show profit and pay back the price within three or four years. Penguin published a baracco bama's memoir this past week that sold 1 point two million copies at over 30 dollars per copy. That's astounding numbers.
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