Penguin Young Readers is acquiring Eric Carle LLC, the asset holder of the IP rights for beloved picture-book creator Eric Carle, whose books have sold more than 145 million copies worldwide.
The deal—which includes the global publishing rights to Carle’s more than 70 children’s books, along with the substantial Eric Carle licensing business—is expected to close on January 1, 2020. The news was announced today by Madeline McIntosh, CEO of Penguin Random House U.S., who made the acquisition with Jen Loja, president of PRH’s Penguin Young Readers division.
