The Victims of the Penguin & Random House Merger: Literary Agents: The middlemen between writers and publishers are concerned they'll be squeezed by the upcoming merger of giants Penguin and Random House.

Abstract

Despite Dohle's promise to retain talent, during the most recent recession Random House laid off a number of employees, shut down imprints, and made a number of structural changes that "didn't make sense" and "seemed paranoid," according to a source who did not wish to be named. According to Wylie, the future structure of the publishing industry will comprise of very big buyers and small independent players, with fewer houses in the middle.