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Georg Kapsch, President of the Federation of Austrian Industry, holds an issue of The Economist during a news conference in Vienna last year. Britain's Pearson PLC says it's in talks to sell its 50 percent share in The Economist Group. Heinz-Peter Bader/Reuters/Landov hide caption

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Heinz-Peter Bader/Reuters/Landov

Bertelsmann and Pearson announced Monday that they were merging their book publishing arms, Random House and Penguin. The new firm will be called Penguin Random House. Timur Emek/dapd hide caption

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Timur Emek/dapd