There is a major decision coming up that will truly define the year 2012. Yes, it's almost time for the American Dialect Society to once again vote on the Word of the Year. Will it be selfie? Hate-watching?Superstorm? Double down? Fiscal cliff? Or (shudder) YOLO?
The publishing industry has been in flux for years. First chain stores, then Amazon, then e-books — many forces have combined to create dramatic change in the traditional publishing model.
Mike Shatzkin is the founder and CEO of the publishing industry consulting firm Idea Logical. He says one of the biggest changes happening in publishing right now is the planned merger of two of the biggest players in the field, Penguin and Random House — with whispers of further mergers to come.