In 2013, Penguin Books and Random House merged to create Penguin Random House which is currently the largest publishing house in the world in terms of output and revenue. It has a value of 3.3 billion, over 200 imprints and publishes 15,000 books a year. They also produce about 800 million copies of print and audiobooks as well as e-books. As of 2013, the company had 10,000 employees. It is under the joint ownership of Bertelsmann and Pearson PLC, though the amount owned by Pearson PLC has gone down since it has chosen to focus on its educational department.
The current owner is Markus Dohle. The merger of the company was purportedly the publishing business’ response to the growth of Amazon dot com in the book market. Some famous recent books published by the company include Becoming by Michelle Obama and Educated by Tara Westover. Some of their well-known imprints are Crown Publishing and Viking Press.