Faster than a Speeding Bullet … The Publishing World Waltz
Who would have thought … two giants in publishing are doing the merger waltz? —this times it’s Penguin and Random House. The negotiations are on for what the surviving and new publishing company will look like including who will be exiting the building. The new company, to be called Penguin Random House, will boast $4 billion in revenue and control about 25 percent of the worldwide consumer book market.
There will be obvious changes: to save …
