Penguin and Random House Merge

Posted: July 3, 2013 in Announcements
Tags: , , , ,

In our ever evolving world of publishing, changes are sometimes good, sometimes bad. In either case, knowledge is power. The more you know about the market and about the options available to you as an author, the more informed your decision making can be. The first link is the article from the New York Times and the second and third links are from Wikipedia that gives information about Penguin and a fairly comprehensive list of the independent publishing imprints they own as well as a history on Random House. Keep the big picture in mind…this is all big business, their priorities are profit margins for their businesses, and they accomplish that by leveraging our market however it will generate the most profit. How do you think this merger will affect the traditional, self publishing, and/or indie publishing world?

http://www.nytimes.com/2013/07/02/business/media/merger-of-penguin-and-random-house-is-completed.html?emc=tnt&tntemail0=y&_r=1&goback=%2Egde_88078_member_254921829&

http://en.wikipedia.org/wiki/Penguin_Group

http://en.wikipedia.org/wiki/Random_house

 

~~~~~~~~~~~~~~~~~~~>Debra L Hartmann, Author, Host of the Talk Radio with NO Radio show, and Professional Editor at http://www.theprobookeditor.com

 

 

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