Random House, Hachette Cash In on Bestsellers
Two of the largest publishing houses have demonstrated again that when authors like Stephenie Meyer or Stieg Larsson become big phenomenons, big sales -- and big profits -- are the result.
Two of the largest publishing houses have demonstrated again that when authors like Stephenie Meyer or Stieg Larsson become big phenomenons, big sales -- and big profits -- are the result.
The publisher has a long string of acquisitions to its name, but lately it has been streamlining significantly too. The latest reshuffle has created a high-level M&A role. Some worry this may mean further consolidation -- along with more turmoil.


