Modern Library

The Modern Library is an American book publishing imprint and formerly the parent company of Random House. Founded in 1917 by Albert Boni and Horace Liveright as an imprint of their publishing company Boni & Liveright, Modern Library became an independent publishing company in 1925 when Boni & Liveright sold it to Bennett Cerf and Donald Klopfer. Random House began in 1927 as a subsidiary of the Modern Library and eventually overtook its parent company, with Modern Library becoming an imprint of Random House. Recent history The Modern Library originally published only hardbound books. In 1950, it began publishing the Modern Library College Editions, a forerunner of its current series of paperback classics. From 1955 to 1960, the company published a high quality, numbered paperback series, but discontinued it in 1960, when the series was merged into the newly acquired Vintage paperbacks group. The Modern Library homepage states: In 1992, on the occasion of the Modern Library's seventy-fifth anniversary, Random House embarked on an ambitious project to refurbish the series. We revived the torchbearer emblem that Cerf and Klopfer commissioned in 1925 from Lucian Bernhard. The Promethean bearer of enlightenment (known informally around the old Modern Library offices as the "dame running away from Bennett Cerf") was redesigned several times over the years, most notably by Rockwell Kent.