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At a Penguin media event hosted by Penguin Group Chairman and CEO John Makinson, Penguin Group made three major announcements today at the London Book Fair. Reuters, CNN Money, The Guardian (UK) and Publishers Lunch have already published stories on these announcements. Links to this immediate and very positive press coverage are further below.
Penguin Group Is First International Publisher to Sign eBooks Distribution Agreement to make eBook Titles in English Available in China
Penguin Group is the first international publishing company to sign a distribution agreement to make its front and backlist English titles available in e-Book form to readers in China. This agreement is with Beijing-based Founder Apabi Group. Penguin e-Book titles from the UK and Dorling Kindersley will be made available in Apabi's Chinese e-Book (CEB) format. Starting in May 2009, titles will be available in English for download to Chinese readers, including a wide range of fiction, nonfiction, classics, children's, lifestyle, and travel books.
John Makinson commented: "We are excited to be signing this landmark agreement with Founder Apabi. For Penguin, both the Chinese market and the digital arena represent areas of great opportunity and future growth, and in Apabi we believe we have found the right partner to develop our e-Book offering. We look forward to using our relationship with Apabi as a springboard for a range of digital projects over the coming years."











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