In A Surprise Move, Penguin Random House Shutters Prestigious Imprint Spiegel And Grau

The imprint, founded by Cindy Spiegel and Julie Grau, had one of its most successful years in 2018, but even if it hadn’t, the imprint had a prestigious run of best-selling nonfiction. What gives? “Penguin Random House, which houses around 275 imprints worldwide and generates some $4 billion annually, has begun to look for ways to streamline its publishing lines.” – The New York Times

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