|My author friends are all a-twitter about Penguin and Random House combining to form the world’s largest book publisher. Of course, any deal that big will be subject to regulatory approval. The deal should close in the second half of 2013, and the new firm will be called Penguin Random House.|
This deal is a symptom of the chaotic publishing industry and I'm sure it won't be the last big change we see. As a bibliophile, I really, really hope publishers and paper books continue for a long time.
What do you think? Are big publishers an endangered species?