As it gets taken over, Penguin is quitting the UK for the US, while talismanic publisher Gail Rebuck takes a back seat. But can the combine keep its top authors?

Book publisher Penguin Random House today completed its merger in a move that will see Penguin’s headquarters move from London to New York and Random House’s UK boss, Dame Gail Rebuck, step back from the day-to-day running of the company.

Financial Times owner Pearson today admitted underlying sales fell 1% to  £1.2 billion in the first quarter, against a 3% rise a year ago, in a sign of the tough task facing new chief executive John Fallon.

Everyone has the power to invent in these technological times

The EU's antitrust watchdog has given the green light to the proposed merger of Penguin and Random House that will create the world's largest book publisher.

Record-breaking sales of the Fifty Shades Of Grey book trilogy have proved more important than The X Factor in holding up profits at German-owned media conglomerate Bertelsmann.

Education giant Pearson will make major job cuts after new chief executive John Fallon today admitted annual profits slumped 59% but insisted, in the strongest terms yet, that the Financial Times is not for sale.

Alice Jones' Arts Diary

The Week in Books

Alice Jones' Arts Diary

Pearson agreed to combine its Penguin publishing unit with Bertelsmann's Random House to create by far the largest book publisher in Britain and the United States.

When two companies join forces, there needs to be careful thought about what they’re going to call themselves, as Simon Usborne finds out

News Corporation is preparing to make a cash offer worth as much as £1bn for Pearson's Penguin Group, throwing plans to merge the major book publisher with rival Random House into disarray.

Two of the world's largest book publishers are in talks to create a new market leader designed to wrestle back leadership of the industry from the technology interlopers Apple and Amazon.