Big 5 of American Publishing Could Soon Shrink to 4
businessNews WallSt

Big 5 of American Publishing Could Soon Shrink to 4

Nov 25, 2020

German media giant Bertelsmann said Wednesday that its Penguin Random House division is buying rival Simon & Schuster in a megadeal that would reshape the US publishing industry. Penguin Random House, already the largest American publisher, will buy the New York-based Simon & Schuster, whose authors include Stephen King, Hillary…


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