PENGUIN GROUP ANNOUNCES STRONG 2009 RESULTS
Excellent publishing across all divisions and territories underpins competitive performance in tough markets
New York, New York, March 1, 2010 ... Penguin Group, the international publishing company, today announced its financial results for 2009 with sales of £1,002m and operating profit of £84m. This is the first time in the company's history that sales have exceeded the £1bn mark. On a headline basis, sales were up 11% (from £903m in 2008). Headline operating profit was down 10% (from £93m in 2008), although this included a one-off £9m charge relating to organizational changes in Penguin UK and DK. Excluding these charges, headline profit was in line with 2008, a significant achievement considering the economic environment. At constant exchange rates, sales were slightly down by 1% and operating profit down 17%, again primarily due to restructuring costs.
Every territory and division contributed to these results with competitive performances in the face of tough market conditions. Over the past five years, Penguin has demonstrated a record of strong financial performance with sales over the period increasing at an average rate of 6% and profit at 9% in headline terms. These Penguin results were part of an excellent overall Pearson performance in 2009.
Penguin Group Chairman and Chief Executive, John Makinson, said, "Over the past year we have prepared Penguin for an exciting, if uncertain, digital future, while continuing to publish and sell great books in a very difficult consumer market. We have achieved these goals thanks to the skills and commitment of all our companies around the world, qualities that I expect will allow us to make further progress, commercially and creatively, in 2010."
Penguin Group (USA) CEO David Shanks said, "Once again, we reached the goals that we set and we exceeded the sales of the year before. We had a spectacular year, driven by our outstanding publishing programs across the house and by effectively managing our operational efficiencies. We led the industry in successfully introducing debut novelists, expanding multi-million-copy bestselling franchises across formats, and continuing to grow our backlist business. We created a whole new momentum in our young readers division, resulting in new levels of literary success and increased sales. Our international sales team achieved double-digit growth in more than 100 countries. We continued to pioneer new digital partnerships and developed new strategies for reaching new generations of readers everywhere. We're well positioned for the year ahead."
In 2009, Penguin Group (USA) emerged stronger than ever. Its publishing team demonstrated its ability to connect with readers everywhere through its exceptional reach and strategic capability. The Group delivered strong results for the year. It achieved operational efficiencies across the company and a reduction in returns in both its frontlist and backlist business, and the overall backlist business grew.
In 2009, Penguin Group (USA):
- Led the Industry in Maximizing the Success of Multi-Million-Copy Selling Authors by Creating Bestselling Franchises Across Formats
- Introduced the Bestselling Debut Novelists of the Year
- Made Publishing History When Greg Mortenson Achieved Three Simultaneous #1 New York Times Bestsellers in One Week with Three Different Editions of Three Cups of Tea
- Earned Both "Novel of the Decade" and "Book of the Year" Distinctions
- Achieved More New York Times Bestselling Titles, Placed More Books at #1 and Had More Weeks on the New York Times Bestseller Lists Than Ever Before
- Led the Industry with Its Putnam Imprint Achieving More #1 New York Times Hardcover Bestsellers and Once Again Delivering More New York Times Hardcover Bestsellers Than Any Other Imprint
- Led the Industry in New York Times Mass Market Bestsellers
- Continued to Achieve Strong eBooks Growth and Had 10,000 eBooks Available by Year's End
- The Young Readers Group Achieved Significant Growth, Accomplished New Levels of Literary Success, Expanded a Popular Trade Paperback Series into the Hardcover Market, and Turned Books by Critically-Acclaimed Authors into National Phenomena
- Achieved Backlist Growth
- Became the First Publisher to Launch Its Own Network of Exclusive Online Programming, and Announced the Third Annual Amazon Breakthrough Novel Award, the Only Contest of Its Kind in the Industry
- Expanded Its Global Presence, Once Again Achieving Double-Digit International Sales Growth Across 100 Countries Around the World
- Continued to Invest in a Greener Future with the Penguin Group Global Walk, Electronic Workflow and Environmental Partnerships
I. Led the Industry in Maximizing the Success of Multi-Million Selling Authors by Creating Franchises Across Formats
Multi-million selling authors Charlaine Harris, Nora Roberts and Michael Pollan achieved tremendous success across multiple formats in 2009.
- Charlaine Harris had eleven New York Times bestsellers for the year and all nine books in her Sookie Stackhouse mystery series, which inspired HBO's hit show, "True Blood," were on the New York Times hardcover and mass market paperback bestseller lists simultaneously in the same week twice. More than 14.2 million copies of this series have been shipped to date.
- Nora Roberts achieved ten New York Times bestsellers, including five #1 New York Times bestsellers, across all formats. She also launched her first trade paperback original series, with Bed of Roses making Penguin Group (USA) history as the first trade paperback original with an initial printing of 1 million copies. More than 11.1 million copies of all ten titles are currently in print.
- Michael Pollan had three New York Times bestsellers in 2009: In Defense of Food (Penguin), on The New York Times trade paperback bestseller list for 27 weeks; The Omnivore's Dilemma (Penguin), on The New York Times trade paperback bestseller list for more than two years; and The Omnivore's Dilemma for Kids (Dial Books for Young Readers), which was also a New York Times bestseller.
II. Introduced the Bestselling Debut Novelists of the Year
Penguin Group (USA) continued its unrivaled excellence at debuting first-time novelists and turning them into bestselling national phenomena. Previously, Penguin Group (USA) has made literary stars out of debut authors including Khaled Hosseini, Sue Monk Kidd and Kim Edwards, among others.
- Kathryn Stockett's debut novel, The Help (Amy Einhorn Books/ G. P. Putnam's Sons), was the longest-running 2009 New York Times bestseller on the hardcover fiction list. More than 1.7 million copies of The Help are currently in print. Foreign rights have been sold in 30 countries. The Help was also the highest-rated audio book ever sold by Audible.com, which named it "Book of the Year" and Audible "Customer Favorite."
- Janice Y. K. Lee's debut novel, The Piano Teacher (Viking/Penguin), was successfully launched in hardcover by Viking and became a New York Times hardcover fiction bestseller in January 2009. The Penguin paperback edition of The Piano Teacher, which was published in November of the same year, went on to become a New York Times trade paperback fiction bestseller, reaching #2.
III. Made Publishing History When Greg Mortenson Achieved Three Simultaneous #1 New York Times Bestsellers in One Week with Three Different Editions of Three Cups of Tea.
Three Cups of Tea was the longest running #1 New York Times nonfiction trade paperback and Listen to the Wind was the longest running #1 New York Times children's picture book of the year.
- Three Cups of Tea was successfully launched in hardcover by Viking and was a New York Times hardcover nonfiction bestseller in 2006. The Penguin trade paperback edition, with more than 4.1 million copies in print since its initial publication in February 2007, has now been on The New York Times trade paperback bestseller list for over two years.
- Three Cups of Tea: Young Readers Edition (Puffin) was a New York Times children's chapter book bestseller for eight months.
- Listen to the Wind (Dial) was a New York Times children's picture book bestseller for eight months.
III. Earned Both "Novel of the Decade" and "Book of the Year" Distinctions
- Pulitzer Prize-winning, New York Times-bestselling The Brief Wondrous Life of Oscar Wao by Junot Diaz, published by Riverhead books in hardcover in 2007, and paperback in 2008, was named "Novel of the Decade" by New York Magazine.
- Kathryn Stockett's New York Times bestselling debut novel, The Help (Amy Einhorn Books/ G. P. Putnam's Sons), was selected "Book of the Year" by USA Today.
IV. Achieved More New York Times Bestselling Titles, Placed More Books at #1 and Had More Weeks on the New York Times Bestseller Lists Than Ever Before
- Achieved more New York Times bestsellers than ever before with a house-record total of 243 titles.
- Achieved a house record of 30 #1 New York Times bestsellers.
- Surpassed the house record for number of weeks on the New York Times bestseller lists with 1,463 weeks for the year.
V. Led the Industry with Its Putnam Imprint Achieving More #1 New York Times Hardcover Bestsellers and Once Again Delivering More New York Times Hardcover Bestsellers Than Any Other Imprint
- G. P. Putnam's Sons, the industry leader in #1 New York Times hardcover bestsellers, once again delivered more New York Times hardcover bestsellers than any other imprint. Putnam has been the industry's #1 New York Times-bestselling hardcover imprint for more than two decades.
VI. Led the Industry in New York Times Mass Market Bestsellers
- Penguin Group (USA)'s Berkley/NAL Group published an industry-best 78 New York Times mass market bestsellers in 2009. The group also set a new industry record, owning over 60% of the New York Times mass market fiction bestseller list for the week of October 4th.
VII. Continued to Achieve Strong eBooks Growth and Had 10,000 eBooks Available by Year's End
- Penguin Group (USA) eBook sales grew more than 300%, year over year, in 2009, with 10,000 eBooks available by the end of the year.
- Among the Group's bestselling eBook titles in 2009 were The Help by Kathryn Stockett, Dead Until Dark by Charlaine Harris and U is for Undertow by Sue Grafton.
- eBook sales are expected to continue strong growth in 2010, benefiting from the popularity of eReaders as well as new devices.
- In 2010, Penguin partnered with Apple on the launch of their iBookstore and iPad. As the digital market has evolved, Penguin has supported all eReading devices in order to bring books to readers in whatever format the reader prefers.
VIII. Penguin Young Readers Group Achieved Significant Growth, Accomplished New Levels of Literary Success, Expanded a Popular Trade Paperback Series into the Hardcover Market, and Turned Books by Critically Acclaimed Authors into National Phenomena
- Richelle Mead's Vampire Academy has captivated millions of young readers across the nation. After debuting in 2007 as a paperback original series (with an initial shipment of just over 11,600 copies of Book One), its sales velocity steadily increased, resulting in the Group's strategic decision to publish Book Four in hardcover, which was a New York Times bestseller and took the series to a new level of success. Currently, the four-book series has more than 2.3 million copies in print, with Book 5 and Book 6 scheduled to be published in hardcover in 2010.
- Along for the Ride, Sarah Dessen's first hardcover to debut at #1 on the New York Times list, follows her last book, the #1 New York Times children's paperback bestseller, Lock and Key. Sales for Along for the Ride were phenomenalmore copies were sold in its first day on sale than Lock and Key sold in its first week. Along for the Ride, spent 13 weeks on the New York Times children's chapter books list in 2009, and nearly 300,000 copies have been shipped to date.
- Thirteen Reasons Why, the debut novel by Jay Asher, was on the New York Times children's chapter book bestseller list for nearly all of 2009. The book was originally published by Razorbill in October 2007, with an initial printing of fewer than 20,000 copies. As sales picked up momentum, Penguin Young Readers Group released an enhanced hardcover edition of the book in October 2008. To date, more than 468,000 copies of Thirteen Reasons Why have been shipped.
- The worldwide publication of the first approved sequel to Winnie-the-Pooh in more than 80 years received international attention, with Penguin Young Readers Group releasing Return to the Hundred Acre Wood, written by David Benedictus and illustrated by Mark Burgess, in the U.S. on October 5th. The book was an instant New York Times bestseller, debuting at #3 on the children's chapter book list, and now has more than 260,000 copies in print. The success of this brand new book sparked a resurgence of the entire Winnie-the-Pooh backlist.
IX. Achieved Backlist Growth
2009 was a very strong year for Penguin Group (USA) backlist publishing, with growth across the board, including our trade paperback, mass market and Young Readers divisions. Penguin is one of the most famous brands in book publishing, known around the world for the quality of its frontlist and backlist publishing.
X. Became the First Publisher to Launch Its Own Network of Exclusive Online Programming, and Announced the Third Annual Amazon Breakthrough Novel Award, the Only Contest of Its Kind in the Industry
Penguin Group (USA) continues to capitalize on new technology in order to connect readers with their favorite authors online.
In 2009, Penguin Group (USA):
- Created "From the Publisher's Office," its own online network with three channels featuring nine series of book-related programming for adults, young adults, and children. Now in its third season, the network has received nearly 300,000 views. Some of the most popular programs include "Project Paranormal," "Penguin Classics On-Air," and live author chats in the Reading Room. The most recent chat, featuring Vampire Academy author Richelle Mead, attracted fans from all over the world. In addition, Penguin Classics On-Air is now offered on Sirius Satellite Radio (channel #117) twice weekly.
- Announced the winner of the second annual Amazon Breakthrough Novel Award with Amazon.com, and launched the third annual competition, with, for the first time, both a general fiction and a young adult category. Each winner is awarded a publishing contract with PGI. James King, author of Bill Warrington's Last Chance, was the winner of 2009's contest, with his book to be published by Viking in August 2010. Penguin Group (USA) has published, or will be publishing, eleven titles by Breakthrough Novel Award contestants.
- Grew its website traffic to 3.9 million unique visitors, and increased its average monthly returning visitor rate 21% over 2008, indicating that penguin.com is steadily becoming more of a repeat destination for Penguin fans.
XI. Expanded Its Global Presence, Once Again Achieving Double-Digit International Sales Growth Across 100 Countries Around the World
- Penguin Group (USA)'s International Sales team has been registering consistently strong growth for the past decade. In 2009, the group achieved double-digit growth worldwide and sold books, in print and eBook formats, in more than 100 countries around the world.
- PGI announced its partnership with Companhia das Letras to publish Penguin Classics in Brazil. Companhia das Letras is one of Brazil's most prestigious publishing houses and this new partnership makes history as Penguin becomes the first English-language publisher to publish classics in Portuguese. The initial list of titles will be launched in 2010.
XII. Continued to Invest in a Greener Future with the Penguin Group Global Walk, Electronic Workflow and Environmental Partnerships
In 2009, the Penguin Group (USA) Green Team concentrated on its partnerships with various environmental organizations to increase awareness regarding climate change, and to encourage Penguin employees to take action through walks, donations, and publicity campaigns. PGI continues to use digital workflow processes to reduce the amount of paper consumed, toner used, and energy expended, as well as freight costs. Penguin also continues to work with its suppliers to ensure its paper is sustainably sourced.
- A team of 1,000 Penguin Group employees from offices around the world participated in the Penguin Global Walk on June 5, 2009, World Environment Day, helping to raise money for several environmental initiatives, including the Woodland Trust in the UK and, in the U.S., the Nature Conservancy's Plant a Billion Trees Campaign.
- Penguin Group (USA), in conjunction with its vendors, makes a concerted effort to seek out sustainably sourced paper. Each of the company's principal vendors has had all of its paper custody certified by the Forest Stewardship Council (FSC).
- Penguin Classics and the Union of Concerned Scientists selected essays and photos from various writers, artists, activists, and students from across the U.S. to illustrate the effects of global warming in a new book called Thoreau's Legacy: American Stories About Global Warmingavailable as an interactive online book, an eBook, and a limited edition hardcover since July 2009.
- PGI's Electronic Workflow editorial process continued to reduce paper and toner usage, lowering both costs and energy emissions.
XIII. Looking Ahead
Penguin Books 75th Anniversary in 2010
Penguin Books, the prestigious Penguin Group paperback imprint, celebrates its 75th anniversary in 2010. It includes Penguin Classics, the largest and most comprehensive publisher of classic literature in the world. The year-long celebration will feature high-profile campaigns and special publishing, including:
- The Penguin Ink Series, featuring six Classic Penguins with art by some of the most prominent tattoo artists of our day.
- Penguin 75, a beautifully illustrated collection of some of the best covers from Penguin Books in the US, accompanied by comments from authors, designers and artists.
- Three new Couture Classics, a series that initially launched in 2009, featuring cover designs by painter, illustrator and sculptor Ruben Toldeo that have become collector's items in the worlds of literature, fashion, design and popular culture.
Highlights from Penguin Group (USA)'s 2010 Publishing Lists
From Pulitzer Prize-winning writers and Nobel Peace Prize winners, to international stars, world leaders, and #1 New York Times bestselling authors, the prestigious range of titles Penguin Group (USA) is publishing in 2010 is very impressive.
- Barbra Streisand, A Passion for Design (Viking, October)
A rare, intimate look behind the scenes of this famously private superstar. Featuring hundreds of color photographs of her home, her gardens, the building that contains her most prized possessions, and the items she has collected over the decades.
- Ken Follett, Fall of Giants (Dutton, September)
Fall of Giants, which marks the inauguration of Ken Follett's Century trilogy, will be published worldwide in more than ten countries simultaneously and follows the record-breaking international #1 bestselling success of The Pillars of the Earth and World Without End.
- Henry Kissinger (The Penguin Press, November)
The eminent historian, strategist and winner of the 1973 Nobel Peace Prize reflects on how China's past illuminates its twenty-first-century trajectory, drawing on forty years of intimate acquaintance with the country and its leaders.
- Patricia Cornwell, Port Mortuary (Putnam, Fall)
The new Kay Scarpetta novel from the world's #1 bestselling crime writer.
- Terry McMillan, Getting to Happy (Viking, September)
Getting to Happy revisits the four spirited women from her #1 bestseller, Waiting to Exhale. McMillan's pitch-perfect prose draws us into the deeply affecting stories of these women, highlighting the humor and joy that carry them through their struggles.
- Nathaniel Philbrick, The Last Stand: Custer, Sitting Bull and the Battle of the Little Bighorn (Viking, May)
National Book Award-winning, bestselling author Nathaniel Philbrick retells the Battle of the Little Bighorn, evoking the history and geography of the Great Plains.
- Ron Chernow, Washington (The Penguin Press, October)
From National Book Award winner Ron Chernow, a landmark biography of George Washington.
- John le Carré, Our Kind of Traitor (Viking, October)
A new novel from one of the greatest spy novelists of our time. Our Kind of Traitor is a fast moving story that reveals the battles of the British Secret Service in addition to the brutal maneuvering of the international criminal world.
- Nora Roberts, The Search (Putnam, July)
From #1 New York Times-bestselling author Nora Roberts comes a new novel set in the Pacific Northwest, where an island provides sanctuary for Fiona Bristow to recover from a terrifying event, rebuild her life, and perhaps even find love with the reclusive but rugged artist who is new to her small town.
- Charlaine Harris, Dead In the Family (Ace Hardcover, May)
The tenth installment in Charlaine Harris's #1 New York Times-bestselling Sookie Stackhouse seriesa series that became a fullfledged pop phenomenon with the arrival of the second season of the HBO show, "True Blood," which is based on Harris' novels.
- Jan Karon, Party of Four (Viking, October)
The second novel in the Father Tim series from the #1 New York Times-bestselling author.
- William Gibson, Zero History (Putnam, September)
The New York Times bestselling author offers another intelligent and inventive contemporary thriller that includes characters introduced in Pattern Recognition and Spook Country.
- Lewis Black, I'm Dreaming of a Black Christmas (Riverhead, Fall)
From the uproarious and perpetually apoplectic New York Times-bestselling author and "Daily Show" regular comes a ferociously funny book about Black's least favorite holiday: Christmas.
- Ingrid Betancourt, There Is No Silence That Does Not End (The Penguin Press, September)
Ingrid Betancourt tells the story of her captivity in the Colombian jungle, sharing powerful teachings of resilience, resistance, and faith.
- Bethany McLean and Joe Nocera, All The Devils Are Here (Portfolio, November)
The bestselling authors of The Smartest Guys in the Room uncover the hidden history of the financial crisis. Going back more than twenty years, the book takes us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.
- Maria Bartiromo, The Weekend That Changed Wall Street (Portfolio, September)
The top CNBC news anchor goes behind the scenes to show what happened during the weekend of September 13-14, 2008the weekend that changed Wall Street. It gives an intimate account of the major players and key events that changed the face of American banking and rocked the global economy.
- Soledad O'Brien, The Next Big Story: My Journey Through the Land of Possibilities (Celebra Hardcover, October)
CNN special correspondent Soledad O'Brien offers a revealing look into her years as a reporter covering race in America. Traveling across the country talking to Americans of different races about the important issues of our time has allowed O'Brien to see firsthand how race is lived in this day and age.
- Richelle Mead, Vampire Academy: Spirit Bound (Razorbill, May)
Spirit Bound is the highly anticipated fifth installment in the New York Times bestselling Vampire Academy series. There are currently 2.3 million copies of the series in print.
- John Grisham, Theodore Boone: Kid Lawyer (Dutton Children's Books, May)
The #1 international bestselling author is writing his first-ever children's book series for Penguin Young Readers Group. Theodore Boone: Kid Lawyer, the first book in the series, follows the adventures of a 13-year-old, amateur attorney who unwittingly becomes involved in a high-profile murder trial.
- Mike Lupica, Hero (Philomel, November)
From the #1 New York Times-bestselling author: Billy Harriman never knew exactly what his father did for a living. All he knew was that his dad was something of a hero, a man trusted by the president to solve international crises at a moment's notice. When his dad is killed on a top-secret mission, Billy suddenly becomes the object of much attention. Billy is developing extraordinary powers and can do things ordinary people cannot.
- John Flanagan, Ranger's Apprentice #9 (Philomel, August)
John Flanagan's bestselling medieval adventure series has now sold more than 1 million copies in the U.S. alone. It follows the adventures of Will, a small, lively 15-year-old who is rejected for training as a warrior-knight, and apprenticed instead to the Ranger Corpsa mysterious group who act as the King's eyes and ears throughout the mythical world of Araluen and beyond.
- Jan Brett, Three Little Dassies (G. P. Putnam's Sons Books for Young Readers, September)
Jan Brett sets her unique version of The Three Little Pigs in southern Africa where three little dassies named Mimbi, Pimbi and Timbi outwit a pesky eagle who blows down two houses, built of grass and sticks, but not the third built of stone.
- Nancy Werlin, Extraordinary (Dial Books for Young Readers, September)
The follow up to the Edgar Award-winning and National Book Award finalist's bestselling novel, Impossible, Extraordinary is an intense page-turner that weaves together friendship, romance and faeries.
XIV. Penguin Group Worldwide
Around the world, Penguin Group delivered a very strong performance in its major markets. The Group achieved bestseller success across all imprints, growth in backlist publishing, awards and world-class recognition, and pioneered digital partnerships and initiatives.
- In the UK, Penguin had 46 Top Ten bestsellers. On the adult side, Penguin Press enjoyed its most successful year to date with sales up 14% on 2008. Penguin General had a very strong year for hardcovers in 2009; Antony Beevor's D-Day was the #1 bestseller for eight weeks and spent 14 weeks in the Top Ten, shipping almost 200,000 hardcovers; Brooklyn by Colm Tóibín won the Costa Novel of the Year award and was longlisted for the Man Booker Prize; Horse Boy by Rupert Isaacson was a Top Ten bestseller; and Nick Hornby's Juliet Naked hit the Top Ten on publication at the end of the year.
Michael Joseph had an excellent 2009 with eight Top Ten bestsellers on the hardback fiction chart including Marian Keyes' The Brightest Star in the Sky, Girl Friday by Jane Green and three Clive Cussler titles. Ant and Dec's Ooh! What a Lovely Pair was the UK's bestselling celebrity memoir of 2009 and the second biggest selling hardback non-fiction title selling around 310,000 copies. Marian Keyes' What a Charming Man was the UK's biggest selling paperback fiction title (almost 500,000 copies sold). And Penguin Children's had a remarkable year both in terms of backlist and frontlist.
- In Ireland, after only seven years of trading, Penguin Ireland finished as the largest trade publisher in the country thanks to bestseller successes including Ross O'Carroll-Kelly and debut novelist Amy Huberman.
- Penguin Australia was awarded the Publisher of the Year Award for a second year and its distribution arm, United Book Distributors, was awarded Distributor of the Year, at the Australian Book Industry Awards. Publishing highlights included the hugely successful Popular Penguin series, which has now sold a million copies, and bestsellers including Tim Winton's Breath, Bryce Courtenay's The Story of Danny Dunn and Clive Cussler's Spartan Gold which hit number one.
- Penguin Canada had a very strong year thanks to the continuing success of Eat, Pray, Love which has been on the Globe and Mail bestseller list for over 130 weeks and Three Cups of Tea (over 90 weeks). Penguin received a record nine nominations from the Canadian Booksellers' Association.
- In India, Penguin had a very strong second half, after a slow start to the year, driven by titles such as Nandan Nilekani's Imagining India and N.R. Narayana Murthy's A Better India, a Better World. Penguin also launched e-commerce on its website through a partnership with Indiaplaza, India's largest online retailer.
- Penguin South Africa had a spectacular year gaining significant market share driven by bestselling authors such as John van de Ruit of Spud fame and celebrity chef Justin Bonello.
- Penguin China became the first international publisher to make its front and backlist English language publishing available in eBook form to readers in China through a partnership with Apabi Group. It also announced a new publishing program highlighting writing about and from China with the first books publishing in April 2010.
- Penguin extended its global publishing with the roll-out of the Hamish Hamilton imprint in Australia, Canada, and India.
- DK faced a very tough illustrated reference and travel market in 2009 though the latter showed signs of recovery towards the end of the year. Publishing highlights included DK's successful publishing partnership with Lego, led by the Lego Star Wars Visual Dictionary, which was a #1 New York Times bestseller; and Brady Games has success with The WWE Encyclopedia and two editions of Call of Duty: Modern Warfare 2.
Penguin Group (www.penguin.com), one of the world's largest English-language trade book publishers, has established divisions and key market positions in the United States, the United Kingdom, Australia, Canada, India, China, South Africa, New Zealand, and Ireland. The Penguin Group is part of Pearson plc, the international media company.