Penguin signs e-books deal with Ingram

<p>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 <em>Publishers Weekly</em></p><p>This is the first time one company has handled all of Penguin&rsquo;s digital assets. According to Genevieve Shore, Penguin Group digital director, &ldquo;We were handling this [the hosting, management and distribution of Penguin&rsquo;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.&rdquo;</p><p>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.</p>