By Porter Anderson, Editor-in-Chief | @Porter_Anderson
PRHI’s Shrinagesh: ‘To Open Up the Indian Subcontinental Market’News from our brief summer break in publishing, Penguin Random House India announced on August 5 that it has signed a new distribution partnership agreement with Independent Publishers Group (IPG), the book sales and distribution company based in the United States.
This new partnership is intended to enable Penguin Random House India to exclusively sell and distribute titles published by over 100 international independent publishers, who are a part of IPG, in the Indian subcontinent, effective immediately.
In a separate new arrangement, Penguin Random House India will open a new agreement with IPG’s Trafalgar Square Publishing, effective October 1.
Under that contract, Trafalgar Square will manage the sale and distribution of all the titles that have world rights in the United States, its territories, Canada, the UK and the European Union. This applies to catalogues both of Penguin Random House India and PRH Southeast Asia, which is based in Singapore.
Together, this news sees two major divisions of the world’s largest publisher arranging to sell into several of international publishing’s most prominent and richest markets.
“Partnering with one of the largest book distributors in the world will open up the Indian subcontinental market to a wide array of books and writings.”Gaurav Shrinagesh, PRH India
Gaurav Shrinagesh, the CEO of Penguin Random House India and PRH Southeast Asia, in a prepared statement, is quoted, saying, “Partnering with one of the largest book distributors in the world will open up the Indian subcontinental market to a wide array of books and writings.
“Our partnership with IPG ties in well with our aim to ensure that readers have a range and quality of written work to choose from. Simultaneously, our arrangement with Trafalgar Square Publishing will widen the readership of our titles originating from the India and Southeast Asia markets.
“We’ve published remarkable books, and they’ll be a valuable addition to any reader’s list. These partnerships present the opportunity for books to transcend borders, and for us to explore new sales channels, understand new markets, and gain valuable insights about consumers.”
Joe Matthews, CEO of IPG, says, “This partnership with Penguin Random House India is very exciting for our company and aligns with our continued expansion and global reach.”
And Brooke O’Donnell, managing director of Trafalgar Square Publishing, talks of making Penguin Random House India and PRH Southeast Asia’s books “available to readers in North America, the United Kingdom, and Europe.
“We feel privileged to be adding these two new divisions to our prestigious portfolio of Penguin Random House publishers we already represent, including Penguin Random House UK, Australia, New Zealand, and China.”
Sorting Out the Players
Trafalgar Square Publishing was founded in 1973 and in the fall of 2006, Chicago Review Press, Inc. bought Trafalgar Square, making it the leading US distributor of UK and Australian publishers. Trafalgar Square Publishing distributes for clients including Penguin Random House UK, Penguin Random House Australia, Pan Macmillan UK, Collins UK, and Head of Zeus.
It’s the distributor of more than 100 publishers from the UK, Australia, New Zealand, China and Germany, representing more than 20,000 titles.
IPG, the corporate parent of Trafalgar Square, was founded in 1971, and describes itself as the first organization specifically created for the purpose of marketing titles from independent presses to the book trade.
Today, IPG’s reach in the book market includes the distribution of both print and ebooks from both digital and traditional publishing houses.
IPG was acquired by Chicago Review Press in 1987, and that acquisition formed the parent company Chicago Review Press, which now owns the Chicago-based independent publishers Chicago Review Press and Triumph Books.
Some of the independent presses that are a part of IPG are Cornell Publishing, NBM Graphic Novels, Project Management Institute, and university presses including Auckland, Canterbury, and Victoria.
Scott Hatfill, IPG’s director of international sales, is also quoted, saying, “The team at Penguin Random House India will enable us to provide our publishers access to all channels within India utilizing their market intelligence and knowledge.”
“We’re pleased to announce such a key partnership during these unprecedented times.”
Hatfill’s mention of “unprecedented times” brings into focus the darkening picture of India’s battle with the coronavirus COVID-19 pandemic.
Shilpa Jamkhandikar and Nidhi Verma report for Reuters from Mumbai and New Delhi that a single Hindu temple has had more than 700 cases detected in staff members in the past two months, and on Monday (August 10), the nation’s caseload moved past 2.2 million.
At this writing, the 10:35 a.m. ET update (1435 GMT) of the Johns Hopkins Coronavirus Resource Center places India third among nations in the world, with 2,268,657 confirmed cases of the contagion in a population of 1.4 billion, and 45,257 deaths. That death tally makes it fifth in the world for COVID-19 fatalities, after the United States, Brazil, Mexico, and the United Kingdom.
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