Potential Merger of Harpers Collins with Simon & Schuster

Source: WSJ, Nov 2012

News Corp, owner of HarperCollins Publishers, has expressed interest to CBS Corp. about acquiring its Simon & Schuster book business, according to people familiar with the talks.

For book publishing, an industry dominated by a half-dozen big players, consolidation is seen in part as a way to weather the transition to digital media. Combining forces can allow publishers to gain more heft in negotiating terms with retailers, including Amazon.com Inc

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