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Random House to Buy Simon & Schuster
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Don wrote: "Hey, guys.
This is an interesting bit of news from the book publishing world. Random House is positioned to buy Simon & Schuster. This would reduce the number of mainstream, large-scale book publ..."
I think things like this rarely benefit anyone but the company, I hadn't even considered how it will hurt authors looking for advances/bids until it was mentioned in the article. I don't think this is a good thing.
This is an interesting bit of news from the book publishing world. Random House is positioned to buy Simon & Schuster. This would reduce the number of mainstream, large-scale book publ..."
I think things like this rarely benefit anyone but the company, I hadn't even considered how it will hurt authors looking for advances/bids until it was mentioned in the article. I don't think this is a good thing.
This is an interesting bit of news from the book publishing world. Random House is positioned to buy Simon & Schuster. This would reduce the number of mainstream, large-scale book publishers to four, from five.
At this point it is difficult to now if this is a good thing or a bad thing for book sales, prices, authors and readers. Check out the New York Times article above if you want to read more details.
In the meantime, happy reading!