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Authors Guild Calls for ‘Close Scrutiny’ of Penguin Random House Deal

The Authors Guild has responded to the news of the upcoming Penguin Random House merger, calling for “close scrutiny from antitrust officials at the Justice Department or the FTC” before the publishers combine forces.

The Guild feels that the super-publisher will control more than 35 percent of the “fiction and narrative non-fiction market,” a worrisome development for the group. ¬†Authors Guild president Scott Turow had this comment:

Survival of the largest appears to be the message here … Penguin Random House, our first mega-publisher, would have additional negotiating leverage with the bookselling giants, but that leverage would come at a high cost for the literary market and therefore for readers. There are already far too few publishers willing to invest in nonfiction authors, who may require years to research and write histories, biographies, and other works, and in novelists, who may need the help of a substantial publisher to effectively market their books to readers.

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.