Publishing giants borg into Random Penguin ... But can it see off Amazon?
Venerable publishing house Penguin will merge with Random House to create the world's largest book publisher. Penguin owner Pearson signed off on the deal with Random House owner Bertelsmann today declaring that the merger was the best way for the two dead-tree publishers to take advantage of new digital publishing models, rich …
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I don't care
I'm still calling it "Random Penguin"
Also, why is it when two of the biggest forces in every other sector take more than 25% of the market there's a massive inquest into whether it's anti-competitive. But when it's books it's okay?
This isn't just being sarcastic, I actually am kinda curious about this.
Re: I don't care
Why? Because Amazon has 90% of the book market.
Re: I don't care
"Why? Because Amazon has 90% of the book market"
Really? Or are you confusing publishing with retail?
Re: I don't care
The deal does have to be cleared by competition authorities, it just wasn't mentioned in the story.
@ SP
You clearly either didn't read the article or are incapable of basic arithmetic.
Re: +1 for Random Penguin
It would be a great name for an Ubuntu release, even if it's not the standard structure; but they can't use it now :(
Rupert won't be pleased.
Expect unfavorable review on the Sun arts page.
Oh wait, they don't have an arts page.
Re: Rupert won't be pleased.
They do, it's on page 3 and is tit-led "tits or GTFO", it's very arty.
Re: Rupert won't be pleased.
To clarify for the hard of comprehending the thumbs up was for *not* accepting Rupert's shilling from the coffers of "News" International.
Penguin
Don't they still hold the rights to most of Maugham's works? Arrgh! Hasn't that bugger been dead 75 years yet?
Missed opportunity
They've really missed the bus here, Random Penguin would of been one of the coolest business names everyone would of remembered it
Re: Missed opportunity
HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE HAVE .
Would've is bloody well "WOULD HAVE"!!!!!111!!!1!1!!
Re: Missed opportunity
Obviously +1 to original poster for annoying a grammar nazi on a throw away comment.
Re: Missed opportunity
"Random Penguin would of been one of the coolest business names everyone would of remembered it"
True.
But they probably wouldn't remember what they *did*. Which is something publishers would quite like their potential customers to remember.
Eh?
"It will give the publishers greater leverage in a market where Amazon and Apple are starting to set prices."
I thought the recent ruling allowing Amazon to sell books at a loss if they wished was precisely because Apple's agreement to use the agency model (and therefore let the publishers set the prices) was deemed to be uncompetitive and amounted to price fixing.
You can't have them setting the prices and not setting the prices, we need some clarity in order to know why we're hating someone, without that clarity we're just being technology fascists, which we would never do.
I'm hating them
simply because they didn't call themselves Random Penguin.
Epic fail? I believe so.
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