Penguin Random House Verlagsgruppe to acquire Cross Cult Entertainment.

Penguin Random House Verlagsgruppe, a publishing company, agreed to acquire Cross Cult Entertainment, a Ludwigsburg–based publisher focusing on comics, manga, and manhwa. Financial terms were not disclosed. "Cross Cult's development over the past few years is an impressive entrepreneurial achievement [...]. I am convinced that Cross Cult and the Penguin Random House Publishing Group complement each other perfectly and can learn a great deal from each other." Christian Jünger, Penguin Random House Publishing Group CEO.