Tuesday, October 30, 2012

A Publishing Mega-Merger

Two of the huge publishing companies just got huger: Random House merged with Penguin.

The linked article examines the effects this will have on the publishing business. Needless to say, this isn't a good thing for editors, agents, and authors (although maybe Random House will give me the rights back to the Radio Producer's Handbook!). But according to the article, it could also pose a legitimate competitor to amazon, which I have to say, is quickly becoming a monopoly (and is acting like it).

Not sure who to root for here. It's like watching a White Sox-Cardinals World Series. Can I root for them both to lose?