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Penguin and Ingram Digital have struck a deal through which Ingram is now responsible for hosting, managing and distributing e-books and digital audio books. Ingram will handle roughly 11,000 Penguin titles in the US, the UK and Canada, with a plan to add more in 2009, reports Publishers Weekly
This is the first time one company has handled all of Penguin’s digital assets. According to Genevieve Shore, Penguin Group digital director, “We were handling this [the hosting, management and distribution of Penguin’s e-books and downloadable audio books] manually and through a variety of vendors. We are now consolidating this process to provide a better, automated service for our customers.”
Earlier, parent company Pearson reported that sales for Penguin Group were up about 3% on a worldwide basis, and that the company remained on tract to achieve its goal of double-digit operating margins.