Posted on November 7, 2019 at 12:00 PM by Sadye Scott-Hainchek

Children’s author and illustrator Eric Carle has sold his licensing company to Penguin Random House.

The deal to obtain Eric Carle LLC will hand PRH the global publishing rights to Carle’s seventy-plus books and his licensing business, reports Publishers Weekly.

It is expected to close January 1; neither Publishers Weekly nor The Bookseller had an estimated price.

Carle has sold more than 145 million books worldwide and has expanded his business to include live children’s theater adaptions, apps, and food and beverage licensing, according to Publishers Weekly.

The ninety-year-old author said in a statement: “My son, Rolf, and I have decided to transition the management of my books to the most logical and appropriate place: Penguin Random House. I know they will continue the work of the Eric Carle studio with creativity, integrity, and care.”

The Very Hungry Caterpillar, one of Carle's best-known books, celebrated its fiftieth anniversary in June. At that time, NPR reported that his health prevented him from doing related interviews.

Categories: Today in Books

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