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Originally Posted by Yapyap
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Part of the expected industry consolidations.
The BPHs are looking to get bigger fast so they need to either merge, sell out, or buy smaller players. Random House and Penguin went merger, Disney sold Hyperion, and News Corp bought out Harlequin.
Bloomsbury is looking for a buyer.
Hachette looks a lot more like a seller than a buyer but they could go either way.
Most mid-size specialty publishers are going to be under pressure, mostly in proportion to their reliance on mmpbs and inversely to their ebook strength.
(Harlequin was very dependent on cheap mmpbs but their pricing practices didn't translate well to the indie-heavy romance ebook market so their business suffered more than other comparable players in other genres.)