Disney Lands A More Golden Book Deal With Random House
Disney has signed a new multiyear book licensing deal with Random House Inc. which sees the end to its 70-year relationship with Golden Books Family Entertainment. The golden spined children's books, which have graced the shelves of bookstores to grocery markets, will no longer feature Disney characters. The decision to sign with Random House came after the terms of their deal with Golden Books were not profitable. The financial terms of the five-year deal were not disclosed due to competitive reasons.