Penguin Random House chairman John Makinson speaks to The Times of India about the merged company. Asked, "What does that scale allow you to do?," he answers: "It puts us in a better position to address issues facing the industry like copyright protection, the implications of the shift from physical to e-books and the shift from the ownership model to a subscription model. It helps the industry to have an organization with the resources to do this."
He adds, "Looking for greater scale should not be interpreted as a couple of drunks propping each other at the bar," noting that "the pace of change in our industry is very rapid and we need to think of the impact of companies like Google, Apple and Amazon and how they disintermediate publishers."
No comments:
Post a Comment