Will The Marriage Of Penguin & Random House Send Book Prices Soaring?
November 1, 2012 | 11:50 pm
They’re going to the chapel and they’re gonna get married: Book publishers Penguin and Random House will become one after their parents company complete an upcoming merger. If the merging of companies in other industries is any indication, this new union could produce higher book prices as the two cease competing, as well as a possible dearth in the selection of titles.
Source: The Consumerist
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