Nov 21 2012
Having lost out on their prospective bid to buy Penguin (which is to merge with Random House), News Corp, who already own Harper Collins, appears to have its eyes on Simon & Schuster which is currently owned by CBS Corp.
Currently, Random House, Penguin, Hachette, HarperCollins, Simon & Schuster and Macmillan are considered the "Big Six" publishers. With the likely merger of Penguin and Random House, and the possibility of a merger of Simon & Schuster and Harper Collins, will we be looking at a market dominated by the "Big Two" plus Amazon?
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