Random House and Penguin Books, two of the infamous Big Six publishing houses, announced plans of merging late last year.
On 1 July 2013, this merger became a reality--literally overnight.
And this is a big deal for the publishing industry. According to the NYT, Penguin Random House will have control over 25% of the marketplace. That's huge!
You can read all about it in this New York Times article.
My question for you is, how do you think the transition from "Big 6" to "Big 5" is going to affect writers?