Wednesday, November 21, 2012

Another Publishing Supermerger?

A few weeks after the last publishing supermerger was announced (Penguin & Random House), another one is being rumored. This would also merge two of the existing big six...Harper Collins and Simon & Schuster.

Harper Collins is owned by News Corp (Rupert) and Simon & Schuster is owned by CBS (Sumner). I'm not sure what would happen to the world if an unholy alliance between Rupert Murdoch and Sumner Redstone was formed.

I'm predicting locust and frogs falling from the sky. But that's just me. I could be wrong.