There are, at this moment, still five US commercial book publishers of mega-size. Penguin Random House is the biggest; HarperCollins is 2nd; and Hachette, Macmillan, and Simon & Schuster round out the Big Five. PRH is, approximately, as big as the other four combined (about $4 billion in sales) and HarperCollins is, approximately, as big as the three behind them combined (about $2 billion in sales). By acquiring Simon & Schuster, which PRH is attempting to do, they would widen their lead over Harper as the biggest player in the market.
Doubts about the Department of Justice's objection to the PRH acquisition of S&S - The Idea Logical Company
29 November 2021
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