Tags

,

A for what it’s worth post:

The already clustered book publishing world is getting just a little tighter and concentrated.

German media giant Bertelsmann SE agreed to buy the Simon & Schuster book-publishing business from ViacomCBS Inc. for $2.18 billion, giving the company a much-larger role in the U.S. market.

We’ll end up with two publishers holding nearly half of all US book sales. Now, what they publish and who reads it is another matter.