2min chapter

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Penguin Random House and Simon & Schuster Merger Trial

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CHAPTER

Why Are We Buying Out Ads in the New York Times?

"This isn't the publishing industry yet again, you know, like they're all doing this for themselves, not for readers," he says. "It goes back to that kind of nineteenth century thing, or maybe even eighteenth like, when the publishing industry was established." 'They could have chosen to day, there's dozens from which they could profitably and successfully run their entire industry,' writes author John Grisham. "'The momentum of history has kept them doing the same thing in the same way in the same place' ... They just haven't moved because that's where they started,. So we've got a few minutes left on this topic. Yep. We're kind of done on

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