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Bertelsmann: Penguin/HC merger report is 'speculation'

Random House parent company Bertelsmann has called a report surfacing in the German media that it is considering a merger with Penguin Books or HarperCollins "speculation". 

A paragraph in retail publication Manager Magazin, later repeated in book industry publications Boersenblatt and Buchreport, suggested a possible merger with either of the publishers was being considered as part of plans to strengthen the company's capital base. 

The Manager Magazin report, originally in German, primarily addressed the future of Bertelsmann-owned magazine publisher Gruner + Jahr, but also said: "In order to strengthen the capital base of Bertelsmann, further actions are planned by c.e.o. Thomas Rabe: working to include partners in the various sectors, such as Random House, the largest English-language trade book publisher in the world, is being considered. A merger with Penguin Books, part of the British Pearson Group, is being discussed. HarperCollins would also be an option." 

Bertelsmann spokesperson Christian Steinhof said: "We have no comment. It is speculation in the media that we do not comment on." 

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A merger would certainly be one way to stop Amazon since the publishers could set their prices this way or remove them from Amazon altogether and it wouldn't be considered collusion. Then it wouldn't matter how much money Amazon's lobbyists are putting in the pockets of politicians. Publishers have to do something smart with the resources they have. Will S&S and the others follow suit? Normally the government would never allow it, but did they stop RH when they bought all those small publishing companies decades ago? Or have they stopped Amazon or other monopolies? This could be the biggest and best move for publishers to make. It's like when the black slaves joined forces with the north to defeat the confederates...it's not like they were thrilled to fight with their once enemies, but they saw who the greater evil was.

A merger would certainly be one way to stop Amazon since the publishers could set their prices this way or remove them from Amazon altogether and it wouldn't be considered collusion. Then it wouldn't matter how much money Amazon's lobbyists are putting in the pockets of politicians. Publishers have to do something smart with the resources they have. Will S&S and the others follow suit? Normally the government would never allow it, but did they stop RH when they bought all those small publishing companies decades ago? Or have they stopped Amazon or other monopolies? This could be the biggest and best move for publishers to make. It's like when the black slaves joined forces with the north to defeat the confederates...it's not like they were thrilled to fight with their once enemies, but they saw who the greater evil was.

A merger would certainly be one way to stop Amazon since the publishers could set their prices this way or remove them from Amazon altogether and it wouldn't be considered collusion. Then it wouldn't matter how much money Amazon's lobbyists are putting in the pockets of politicians. Publishers have to do something smart with the resources they have. Will S&S and the others follow suit? Normally the government would never allow it, but did they stop RH when they bought all those small publishing companies decades ago? Or have they stopped Amazon or other monopolies? This could be the biggest and best move for publishers to make. It's like when the black slaves joined forces with the north to defeat the confederates...it's not like they were thrilled to fight with their once enemies, but they saw who the greater evil was.

A merger would certainly be one way to stop Amazon since the publishers could set their prices this way or remove them from Amazon altogether and it wouldn't be considered collusion. Then it wouldn't matter how much money Amazon's lobbyists are putting in the pockets of politicians. Publishers have to do something smart with the resources they have. Will S&S and the others follow suit? Normally the government would never allow it, but did they stop RH when they bought all those small publishing companies decades ago? Or have they stopped Amazon or other monopolies? This could be the biggest and best move for publishers to make. It's like when the black slaves joined forces with the north to defeat the confederates...it's not like they were thrilled to fight with their once enemies, but they saw who the greater evil was.