Quote:
Originally Posted by darryl
I would be interested in any significant examples of competition in the market between the big publishers.
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Googling these terms, you can find a bunch:
"bidding war" book
Here are examples that aren't even written by politicians:
http://nypost.com/2012/03/28/bidding...hit-1-million/
http://www.news.com.au/national/inte...-1226424860609
http://www.hollywoodreporter.com/liv...am-gets-376861
http://www.nytimes.com/2013/11/11/bu...lion.html?_r=0
There must be a larger number of cases where there is no bidding war, but the offered advance is higher than it would have been to make one breaking out less likely.
Now, if you mean competition between publishers on pricing, that is harder to document. Mike Shatzkin has speculated that
PRH is too big to bully and nobody else is. If his speculation is correct, I think you could also say, albeit from quite a different perspective, this: Penguin and Random House used to complete on wholesale pricing terms with their biggest account, but now do not.