Quote:
Originally Posted by pwalker8
I do get the impression that some here have no idea how things work in the world of holding companies and large corporations, especially large privately held corporations that are not driven by stock prices.
Here is a link that describes exactly how complex it all is.
https://www.bookbusinessmag.com/post...ok-publishing/
For all of the big 5, they are a small part of a much larger holding company. Try tracing the ownership of say, Penguin Books.
It's an interesting article, though I would treat the actual numbers used with a lot of skepticism. As he mentions at the start of the article, there are very few numbers actually reported by the companies themselves. |
How exactly is that relevant to the threat of who owns who and who controls who? Don't get me wrong, it is interesting. It is also interesting that all of Amazon's book department (all book sales, reading devices, imprints) is just a small drop in the bucket of all of Amazon. Nothing different there than with the owners of the Big5. At least from a business standpoint, moral issues completely ignored.