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The Guardian - AU
The Guardian - AU
Entertainment
Kelly Burke

Australian independent publishing stalwart Text acquired by global giant Penguin Random House

Composite image featuring logos for Penguin Random House and Text Publishing
A longstanding deal in which Penguin Random House distributes Text titles in the ANZ market will continue after the former announced its acquisition of the latter. Composite: Penguin Random House/Text Publishing

The world’s largest general book publisher has acquired one of Australia’s leading independent publishers, the Text Publishing Company.

Penguin Random House announced the acquisition on Wednesday, with the chief executive of its Australian operations, Julie Burland, saying the move consolidated the publishing house’s longstanding relationship, where its Australian arm distributes and sells all of Text’s titles in the Australian and New Zealand markets.

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