By Dennis Lowery
Consolidation in the publishing industry is something I (and many others) have expected. I agree with the following quote from this article but, in reality, big/mainstream publishing has to do something to consolidate and lower operating costs/absorb overhead burden and find some economy of scale. It remains to be seen if merging actually helps them stabilize (there's too many variables and the impact of small/flexible indie publishers--like Adducent--and self-publishing will continue to roil the 'water' the big guys swim in).
"... it's not a great time for traditional publishers to become even more monolithic and unwelcoming."