Publishers Join Together To Create “New Digital Publishing Models”

Publishing giants Pearson and Bertelsmann have announced they are creating a joint venture to pool their respective consumer publishing businesses, Penguin and Random House, in a bid to go the distance in the digital age. Penguin and Random House will combine to form a JV named Penguin Random House.  They obviously intend to go head to head with Kindle and Barnes & Noble Nook.  Do these two companies have anything to worry about?  Let us know what you think!

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