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Tuesday, November 20, 2012

HarperCollins and Simon & Schuster to Merge?

Posted by on Tue, Nov 20, 2012 at 3:58 PM

Deadline Hollywood brings more bad news for publishing:

The News Corp publishing unit [HarperCollins] has expressed interest in acquiring CBS Corp‘s Simon & Schuster book unit, according to the Wall Street Journal.

This is presumably a response to the Penguin/Random House merger that was announced in October, and I still think it's a terrible idea. These mega-publishers are going to be too big and unwieldy to move nimbly, but too small to have any control over the changing media landscape. I don't understand how any human being who has been paying attention to the American business climate over the last decade (and American entertainment industries in particular) can think that putting all these eggs in one basket would be a good idea.

 

Comments (5) RSS

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1
Paul, google "industry lifecycle." Industries late in their lifecycles consolidate. It's unavoidable.
Posted by David from Chicago on November 20, 2012 at 4:21 PM · Report this
2

How many streaming websites for movies are there.

Yep.
Posted by Supreme Ruler Of The Universe http://_ on November 20, 2012 at 4:55 PM · Report this
3
I may actually have first come across this link in the Slog's very own comments, but it's worth a repost:

Hugh Laurie - Stephen Fry. It's A Soaraway Life.
https://www.youtube.com/watch?v=ZhGF8a1H…
- OR -
http://goo.gl/9x6IM
Posted by PCM on November 20, 2012 at 8:42 PM · Report this
Peteykins 4
I've got to say, if you're only just starting to get upset about publishing house mergers/consolidation, you're a couple of decades behind the times.
Posted by Peteykins http://sparklepony.blogspot.com on November 21, 2012 at 7:02 AM · Report this
5
Mark Henshaw could leave Simon and Schuster after a couple of cold-war thrillers.
Posted by NoviceJoker on December 21, 2012 at 5:13 AM · Report this

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