"There is more treasure in books than in all the pirate's loot on Treasure Island." - Walt Disney
Sunday, November 4, 2012
Then There Were Five
In case you haven’t heard, the Big 6 are now the Big 5. Last weekend Random House and Penguin announced a merger.
Supposedly, these two major players in the book publishing industry have teamed up in order to better keep up with trends and offer more options to new writers. I believe the actual wording on the merger was to “better take on emerging markets and the digital publishing era.”
Penguin Random House, as it will be called by late 2013 when the two companies are scheduled to officially merge, will include all of the publishing divisions and imprints of the two companies in the U.S. and several other countries around the world. Until then, it’s business as usual for the two companies.