Penguin Random House Acquires Hay House (publishersweekly.com)

Penguin Random House has acquired Hay House, the self-help and health and wellness publisher founded by bestselling You Can Heal Your Life author Louise Hay in 1984. Terms of the transaction, which was brokered by Oaklins DeSilva+Philips, were not disclosed.

Reid Tracy, CEO of Hay House, will continue to run the publisher, which will “retain its editorial and publishing independence,” after the deal closes, the companies said in a statement. In addition, “no changes are planned” for Hay House’s employees, management, or offices in Carlsbad, Calif., New York, and London.
more at: https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/93936-penguin-random-house-acquires-hay-house.html

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