Penguin Random House has bought Hay House, the self-help, mind-body-spirit, and health and wellness publisher. Hay House will retain its editorial and publishing independence, the companies said, and CEO Reid Tracy will continue to run Hay House. No changes are planned for Hay House's Carlsbad, Calif., New York, and London offices, or management and employees. Hay House is distributed by Penguin Random House Publisher Services.
Hay House was founded in 1984 by Louise Hay, who was a leader of the modern self-help movement and author of You Can Heal Your Life, which has sold more than 50 million copies. Hay House publishes more than 100 titles a year and has a backlist of more than 1,500 titles from authors and teachers such as Dr. Mindy Pelz, Dr. Wayne Dyer, Iyanla Vanzant, Suze Orman, Dr. Joe Dispenza, Jerry and Esther Hicks, David Hawkins, Gabrielle Bernstein, Colette Baron-Reid, Rebecca Campbell, Kyle Gray, Lewis Howes, Jim Kwik, Brendon Burchard, Dan Sullivan, Chris Wark, and Anthony William. Besides its book publishing program, Hay House offers online courses, virtual events, as well as the You Can Heal Your Life podcast and audio content app Empower You.
Reid Tracy said, "I am excited to remain at the helm of Hay House in partnership with our incredible team of employees with the added support and resources of Penguin Random House who have been an essential partner through PRHPS for many years. It is wonderful that we will keep our independence and pursue our main mission which is to help people around the world to improve their lives."
PRH CEO Nihar Malaviya said, "As we deepen our relationship with Hay House, we are thrilled to support the company's growth and explore the areas of opportunity in their publishing services. Hay House is one of the most recognized health, wellness, and self-help brands in the world, and we look forward to working with Reid and his team on expanding upon their innovative and diverse product offerings."