Penguin Random House Limited is a British-American multinational publishing conglomerate, created on July 1, 2013, through the merger of Penguin Books and Random House. Penguin Books, established in 1935, and Random House, founded in 1927, brought together their long publishing legacies to form the company, which now operates with more than 300 publishing imprints. Along with Simon & Schuster, Hachette, HarperCollins and Macmillan Publishers, Penguin Random House is considered one of the "Big Five" English-language publishers.
On April 2, 2020, Bertelsmann announced the completion of its purchase of Penguin Random House, which had been announced in December 2019, by buying Pearson plc's 25% ownership of the company. With the purchase, Bertelsmann became the sole owner of Penguin Random House. Bertelsmann's German-language publishing group Verlagsgruppe Random House will be completely integrated into Penguin Random House, adding 45 imprints to the company, for a total of 365 imprints.