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Random House UK Buys 90% Share of Virgin Books

Virgin Books whose catalog includes the racy Black Lace and Cheek Imprints has sold 90% of its ownership interest to Random House UK. For an undisclosed amount of cash, Random House obtains the rights to the Virgin name for all books worldwide (including audio and ebooks) and five titles penned by Richard Branson.

Via Publisher’s Marketplace.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

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