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Random House US buys Monacelli Press
27.02.08 | Anna Richardson
Random House in the US has bought The Monacelli Press, a leading visual arts book publisher. The Monacelli Press will be an independent imprint within Random House, maintaining its editorial identity and publishing direction under publisher and founder Gianfranco Monacelli.
He and his staff will be based at Random House’s Manhattan offices. Sales and distribution of all Monacelli Press titles, currently handled by Penguin, will be assumed by Random House effective 1st July.
"We welcome The Monacelli Press as a unique publishing programme within Random House and look forward to providing growth opportunities for our new colleagues’ business and a broader readership for their distinguished frontlist and backlist," said Edward Volini, deputy chairman and chief operating officer, Random House.
Among those published by The Monacelli Press are artists Damien Hirst, Eric Fischl, and Kiki Smith and authors Victoria Newhouse, Paul Goldberger, Charles Jencks, Arthur Danto, and Michael Sorkin.
Gianfranco Monacelli said: "In my view there is no better family to join than the house of Random."
Terms of agreement between the two privately held companies were not disclosed.