Penguin Random House to Acquire Boom! Studios
/Penguin Random House is set to acquire comic book and graphic novel publisher Boom! Studios.
The publishing house announced Wednesday that Random House Publishing Group, a division of Penguin Random House, has agreed to the deal for Boom! Studios, which was founded in 2005 by Ross Richie and Andrew Cosby. The deal is expected to close later this summer, and terms were not disclosed. As part of the transaction, Disney is selling its minority stake in Boom! Studios that 20th Century Fox acquired in 2017.
Boom! Studios will continue its editorial and publishing independence and will report to Random House Worlds president Scott Shannon, while Random House Worlds vp publisher Keith Clayton and Random House Publishing Group executive vp of business strategy Bill Takes will help manage the new imprint. Also part of Random House Worlds’ portfolio of imprints are Del Rey, Inklore and the RH Worlds licensing program.