A New Leaf.LATIN AMERICAN American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of BIBLIOPHILES WILL SOON SEE A NEW name on book covers. Two of the world's leading publishing houses are joining to create the world's second largest publisher of Spanish-language books. Grupo Editorial Random House Mondadori is a joint venture between Italy's Arnoldo Mondadori Editore Arnoldo Mondadori Editore, (Borsa Italiana:MNDI) is the second most important publishing company in Italy. History Founded by the 18-year-old Arnoldo Mondadori in 1907 for the publishing of the magazine titled Luce!, it soon became an important publisher. and U.S.-based Random House, a unit of German media giant Bertelsmann. Their new Barcelona-based company will begin shipping Spanish-language novels and non-fiction just after midyear mid·year n. 1. The middle of the calendar or academic year. 2. a. An examination given in the middle of a school year. b. midyears A series of such examinations. . Mondadori and Random House have worked together in Europe, Asia and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. for years, but this is their first cooperative effort geared toward readers in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . The new project merges Mondadori subsidiary Grijalbo Mondadori--strong in Mexico, Argentina, Colombia, Venezuela and Chile--with Random House units Plaza y Janes, which focuses on Mexico and Spain, and Sudamericana, which Operates in Argentina, Chile and Uruguay. The small Brazil unit of Grijalbo Mondadori, publishing in Portuguese, will probably not be included in the deal, which creates an instant Spanish-language publishing giant with projected annual sales of US$100 million, second only to Spain's Grupo Planeta. |
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