Not Comics: A Book Publishing Consolidation Story Primer

I don't have a sophisticated sense of the book publishing world, but this New York Times article on the state of that industry post Penguin/Random House merger seems like a decent to me -- it would get people through most dinner-table discussions of that world, I bet. While the general trends strike me as true -- at least as far as really broad, sweeping statements are true -- I would also suggest that there's an element of institutional self-perpetuation that tends to have an impact on the state of every arts-related industry, and we're seeing some of that in prose publishing in broad terms as well. That's why you occasionally get deals where a publishing house offers next to nothing -- they will even depend on your to provide your own marketing -- but still demands a sizable chunk of what you're giving them if it hits.
 
posted 11:50 pm PST | Permalink
 

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