Penguin Books is a publisher founded in 1935 by Sir Allen Lane. Penguin revolutionised publishing in the 1930s through its high quality, inexpensive paperbacks, sold through Woolworths and other high street stores for sixpence. Penguin's success demonstrated that large audiences existed for serious books. Penguin also had a significant impact on public debate in Britain, through its books on politics, the arts, and science.
Penguin Books is now the flagship imprint of the worldwide Penguin Group and is owned by Pearson PLC, the global media company who also own the Financial Times, the business information group and Pearson, the world's largest education publishing and technology company.**
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