As Penguin and Random House agree to merge, and HarperCollins and Simon and Schuster consider doing the same, an Hachette-Macmillan alliance can only be a heartbeat away. The landscape of traditional publishing is shifting more dramatically than at any time in the last 30 years. It's not all bad news - out of the mergers and consolidations of earlier recessions came the phoenixes of Bloomsbury and Headline - new companies started by gifted entrepreneurial publishers.
Much has already been written, but I particularly like Mike Shatzkin's blog piece today:
http://www.idealog.com/blog/peering-into-the-future-and-seeing-more-value-in-the-random-penguin-merger/#comment-719562721
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