Monday, October 29, 2012

Penguin House, or Random Penguin?

So Random House and Penguin publications are merging. This should be interesting, in the Chinese sense of the word. Two of the biggest houses in publishing are merging, and between the two of them they arre roughly 25% of the publishing force for books in the US.

That could be a great thing, but I have doubts. I suspect a lot of people that I know are going to lose their jobs, and I suspect that a lot of publishing changes are going to come around as the new conglomerate considers where they want to "tighten their belts" as they consolidate.

This should be an interesting show to watch, sort of like a slow motion recapture of a head on collision.

We shall see.

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