PRH, Kensington Finalize Distribution Deal
Kensington and Penguin Random House Publisher Services have completed an expanded sales and distribution agreement. For the previous 20 years, Kensington was distributed by Penguin Books. The new deal was first announced in July 2014.
“Kensington Publishing is the largest client publisher to have partnered with PRHPS, and this transition has evolved over seven months of systems changing, data ingesting, sales conferences and numerous meetings with the entire PRHPS team," said Kensington president and CEO. "It has been a significant undertaking, but I’m truly looking forward to the new opportunities this change is going to bring us.”
Kensington will continue to sell many of the major accounts that supply Walmart (RDS and ANConnect), Target, supermarket/drug chains, Hudson News, Ingram, Baker & Taylor, Bookazine and Brodart. PRHPS will handle Kensington’s sales to all other accounts including the independent bookstores, Barnes & Noble, Books-a-Million, Canada and all of the international business. They will also be handling much of the activity of the e-book business although Kensington will still be heavily involved in selling and marketing to these accounts.
