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Article: Penguin Young Readers Group and Walden Media Set Multi-Year Publishing, Film and Television Joint Venture.
- Article from:
- PR Newswire
- Article date:
- March 27, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, March 27 /PRNewswire/ -- In an arrangement that will bring a number of children's book properties into development, Penguin Young Readers Group, a division of Penguin Group (USA) Inc. and Walden Media LLC, the film and educational services company, have embarked on a multi-year creative and strategic joint venture encompassing publishing, film and television. The agreement was announced today by Doug Whiteman, Executive Vice President of Penguin Group (USA) Inc./ President of Penguin Young Readers Group and Micheal Flaherty, President and co-founder of Walden Media.
The joint venture's film and television properties will be derived from newly ...