DOJ v PRH: Don Weisberg, Government's Economist Raise Concerns Over PRH-S&S Merger - Publishers Weekly

Not good for authors.

Today's trip into the Catosphere took Panzer back to the Publishers Weekly site. There our inquisitive kitty boy found the latest news on the Department of Justice's (DOJ) lawsuit against the merger of Penguin Random House (PRH) and Simon and Schuster (S&S).

John Maher's post describes the DOJ's argument that the merger will cause financial harm to authors. Including: The merger would create a publisher which would control 49 percent of the industry. and A publishing entity that large would have control over the size of author advances in book auctions.

Panzer says, "49 percent?"

Note: This is a long post. Bring a big glass of iced tea and three sugar cookies for today's reading.

To read the post tootle over to DoJ and PRH merger