PRH acquires literary merchandiser Out of Print
9 June 2017 Books+Publishing @booksandpublishing
Penguin Random House (PRH) has acquired the US-based literary merchandiser Out of Print, reports Publishers Weekly.
Founded in 2010, Out of Print produces literary-themed clothing, accessories and home goods that are sold through the company’s website and stocked by more than 1000 retailers.
PRH said the acquisition will ‘greatly expand its author- and imprint-brand-based merchandising capabilities’ and bring ‘expertise in product sourcing, creation, licensing [and] distribution’.
Out of Print will continue to operate from its Manhattan office and produce merchandise featuring books from a range of publishers. The company also funds literacy programs and donates books to communities in need.
Category: International news
