Business Week Reports on Random House Digital Destiny

December 1, 2005
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December 1-15, 2005 Edition

Business Week Reports

on Random House

Digital Destiny

New York, NY/11/28/05—Random House is moving beyond print to protect itself from the likes of Google, Business Week says in its November 28 edition. The 80-year-old book publisher is pushing beyond the pulp-and-ink era into the digital age.

Unwilling to let a Google (GOOG ), Yahoo! (YHOO ), or Microsoft (MSFT ) dictate terms in cyberspace, Random House Inc., the world’s largest trade publisher, is taking the industry lead. In early November it outlined ways it would begin to offer its books directly to consumers on a page-per-view basis. Random House will get at least 4 cents a page and split that roughly in half with authors for fiction and narrative nonfiction titles.

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