17 June 2013
In today's feature story, Penguin Random House, the "Following Four," and the Future of Competition, publishing consultant Mike Shatzkin notes that the merged Penguin Random House will publish "half the books" in the United States. He adds, "I ultimately think we'll see that general trade publishing is going to consolidate into a single entity over the next ten years." Such predictions can be, as Shatzkin's colleague Michael Cader noted, can in hindsight "be revised or rescinded" altogether.