By Edward Nawotka
It has become a commonplace assertion that sometime in the next two to three years — if not sooner — we’re likely to see at least one of the US Big Six publishers merge with another. The publishing ecosystem is not longer able to support so many large-scale publishers, especially as resources need to be siphoned off to support new business growth in areas such as digital, film, gaming and transmedia. So, which of the Big Six will be the first to merge with another, the first to go? Our guess: Simon & Schuster, the CBS subsidiary is not only the smallest of the six, it is the only one that is American-owned and has fewer ties to international publishing than its competitors. If the growth opportunities in publishing are global, then S&S is at a serious disadvantage going forward.
Of course, as with anything dealing with the future, it’s a guess — which to be honest is about as much as you’ll get from so many publishing analysts these days.
Which two of the US Big Six will be first to merge?
- Simon & Schuster (48%, 58 Votes)
- Macmillan (16%, 19 Votes)
- Penguin (12%, 14 Votes)
- HarperCollins (11%, 13 Votes)
- Hachette (8%, 10 Votes)
- Random House (5%, 6 Votes)
Total Voters: 120
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4 Comments
I agree there will be a major consolodation but rather than the big six– across the top 20 companies that comprise 80% of revenue. More than likely you will see an acquisition of a major publisher by a technology based company ( rather than a merger of two publishers) or a financially strong information company. See the recent acqusisition of BNA by Bloomberg.
Martin Levin
Its Necessary that top Publihing Company needs to increase their market share by merger & acquisition. The Chances are that some big IT companies will acuire the major Publisher and will go
for e-books, Multimedia content. All these need heavy investment and Publishing Companies need Funds for the conversion of books into e-books . So in future we will find top Media or IT Companies will invest heavily in Publishing comapny.
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