30 July 1935: Penguin sparks the ‘paperback revolution’

On this day in July 1935, the first mass-market paperback books bearing the penguin logo were published. Each book cost sixpence.

Sir Allen Lane outside Penguin books head office © Tunbridge-Sedgwick Pictorial Press/Getty Images
Sir Allen Lane (centre) revolutionised publishing
(Image credit: © Tunbridge-Sedgwick Pictorial Press/Getty Images)

A waddling, surprised-looking bird probably wouldn't make most people's list of working-class heroes. But maybe it should. We are, of course, talking about the penguin or rather, the penguin that still stares out blankly from the covers of Penguin books published today.

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Chris Carter
Wealth Editor, MoneyWeek