The idea that general trade publishing and general trade publishing houses were going to have to change or die was first floated here in a post in 2007 and then expanded upon in a post called “The End of the General Trade Publishing Concept” in 2019. The announcement this week that Madeline McIntosh, a very […]
What the ruling against the PRH-S&S merger means for the publishing business
Judge Florence Y. Pan ruled today that the acquisition of Simon & Schuster by Penguin Random House could not go forward. The ruling was explicitly to protect the “competition” for the “anticipated top-selling books”. In other words, the big books by big authors for which only the Big Five can compete regularly (with occasional bids […]
Doubts about the Department of Justice’s objection to the PRH acquisition of S&S
There are, at this moment, still five US commercial book publishers of mega-size. Penguin Random House is the biggest; HarperCollins is 2nd; and Hachette, Macmillan, and Simon & Schuster round out the Big Five. PRH is, approximately, as big as the other four combined (about $4 billion in sales) and HarperCollins is, approximately, as big […]
The end of the general trade publishing concept
My brilliant friend Joe Esposito has written a piece to explain why Penguin Random House would want to acquire Simon & Schuster. I have also been thinking about why PRH, or any of the other three of the “Big Five”, would want to acquire S&S. In fact, two of the three, Hachette and HarperCollins, have […]
Getting an award and getting caught up with innovation with BISG
The Book Industry Study Group, or BISG, is a book publishing trade organization now headed by Brian O’Leary that was formed to be pan-industry. They were preceded by the Association of American Publishers (AAP) and the American Booksellers Association (ABA), but those were two “sides” of the book trade with their own interests, and they […]
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