The deal is expected to close this summer.
Penguin Random House has announced plans for its Random House Publishing Group divison to acquire BOOM! Studios, the publisher of BRZRKR, Something is Killing the Children, Power Rangers comics and many more titles over the course of its almost 20-year history.
The terms of the deal were not disclosed, but PRH expects to close the sale this summer.
BOOM! will join the Random House Worlds portfolio of imprints, which includes genre piublisher Del Rey, manga publisher Inklore and more. According to the press release, BOOM! will retain their editorial and publishing independence as they report into Scott Shannon, President of Random House Worlds.
“Over the past several years Random House Worlds has partnered with BOOM! Studios on various projects and had the benefit of seeing first-hand their best-in-class comic publishing. Ross and his team have built a dynamic, imaginative home for a diverse and talented roster of creators. We are thrilled to welcome BOOM! Studios to our house, and now work side-by-side with this imaginative team,” said Shannon. “The acquisition of BOOM! Studios is a major step in Penguin Random House’s expansion of support to the direct comics market and a key part of our commitment to being the best publisher for creators across all categories. We are excited to continue that tradition with BOOM! as part of the Random House Publishing Group.”
As to who will run things on the BOOM! side, that remains to be seen, as founder Ross Richie is leaving and Filip Sablik, their president of publishing, recently left.
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