Random House

Random House is the largest general-interest trade book publisher in the world. It is part of Penguin Random House, which is owned by German media conglomerate Bertelsmann and global education and publishing company Pearson PLC. Random House also has an entertainment production arm for film and television, Random House Studio; one release in 2011 was One Day. The company also creates story content for media including video games, social networks on the web, and mobile platforms. It is one of the largest English-language publishers, formerly known as the "Big 6", now known as the "Big Five".

Bertelsmann owns 53% of the joint venture.

History

Random House was founded in 1927 by Americans Bennett Cerf and Donald Klopfer, two years after they acquired the Modern Library imprint from publisher Horace Liveright, which reprints classic works of literature. Cerf is quoted as saying, "We just said we were going to publish a few books on the side at random," which suggested the name Random House. In 1934 they published the first authorized edition of James Joyce's novel Ulysses in the Anglophone world.

Home video

Home video is pre-recorded media that is either sold or rented or streamed for home cinema entertainment. The term originates from the VHS/Betamax era, when the predominant medium was videotape, but has carried over into current optical disc formats like DVD and Blu-ray Disc and, to a lesser extent, into methods of digital distribution such as Netflix.

The home video business distributes films, telemovies and television series in the form of videos in various formats to the public. These are either bought or rented, then watched privately from the comfort of home by consumers. Most theatrically released films are now released on digital media, both optical (DVD or Blu-ray) and download-based, replacing the largely obsolete VHS (Video Home System) medium. The VCD format remains popular in Asia, though DVDs are gradually gaining popularity.

History

Prior to the arrival of home video as a popular medium in the late 1970s, most feature films were essentially inaccessible to the public after their original theatrical runs were over. Some very popular films were given occasional theatrical re-releases, some could be seen in urban revival houses and the screening rooms of a handful of archives and museums, and beginning in the 1950s most could be expected to turn up on television eventually, but interrupted by commercials and very possibly at an inconvenient or impossible viewing time. During this era, it was also the norm that television programs could only be viewed at the time of broadcast. Viewers were accustomed to the fact that there was no normal way to record TV shows at home and watch them whenever desired. Many observed that such a capability would be desirable.

Randomness

Randomness is the lack of pattern or predictability in events. A random sequence of events, symbols or steps has no order and does not follow an intelligible pattern or combination. Individual random events are by definition unpredictable, but in many cases the frequency of different outcomes over a large number of events (or "trials") is predictable. For example, when throwing two dice, the outcome of any particular roll is unpredictable, but a sum of 7 will occur twice as often as 4. In this view, randomness is a measure of uncertainty of an outcome, rather than haphazardness, and applies to concepts of chance, probability, and information entropy.

The fields of mathematics, probability, and statistics use formal definitions of randomness. In statistics, a random variable is an assignment of a numerical value to each possible outcome of an event space. This association facilitates the identification and the calculation of probabilities of the events. Random variables can appear in random sequences. A random process is a sequence of random variables whose outcomes do not follow a deterministic pattern, but follow an evolution described by probability distributions. These and other constructs are extremely useful in probability theory and the various applications of randomness.

House

A house is a building that functions as a home, ranging from simple dwellings such as rudimentary huts of nomadic tribes and the improvised shacks in shantytowns to complex, fixed structures of wood, brick, marble or other materials containing plumbing, ventilation and electrical systems. Most conventional modern houses in Western cultures will contain a bedroom, bathroom, kitchen or cooking area, and a living room. In traditional agriculture-oriented societies, domestic animals such as chickens or larger livestock (like cattle) may share part of the house with humans. The social unit that lives in a house is known as a household. Most commonly, a household is a family unit of some kind, although households may also be other social groups or individuals. The design and structure of the house is also subject to change as a consequence of globalization, urbanization and other social, economic, demographic, and technological reasons. Various other cultural factors also influence the building style and patterns of domestic space.

Penguin Random House

Penguin Random House (PRH) is a company formed from the merger between the book publishers Random House, owned by Bertelsmann, and Penguin Group, owned by Pearson PLC. Penguin Random House markets itself as "the world's first truly global trade book" publisher. It was formed on July 1, 2013, upon the completion of an agreement between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin, with the parent companies owning 53% and 47%, respectively.

Penguin Random House comprises the adult and children’s fiction and nonfiction print and digital trade book publishing businesses of Penguin and Random House in the U.S., U.K., Canada, Australia, New Zealand, and India; Penguin’s trade publishing activity in Asia and South Africa; Dorling Kindersley worldwide; and Random House’s companies in Spain, Mexico, Argentina, Uruguay, Colombia, and Chile.

Penguin Random House employs more than 10,000 people globally across five continents. It comprises almost 250 editorially and creatively independent imprints and publishing houses that collectively publish more than 15,000 new titles annually. Its publishing lists include more than 70 Nobel Prize laureates and hundreds of the world’s most widely read authors.