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We’ve already seen how divided we’ve become after all the news media was consolidated into a handful of companies. I don’t think the same happening to publishing companies is a good idea — fewer publishers means fewer ideas being published aka censorship.
Apparently the Federal Trade Commission is just something guys can put on their business cards these days. They haven’t blocked any more than a tiny thimbleful of global mega-monopoly mergers for over 30 years now. The result of the massive consolidation of the traditional publishing business has gutted author advances and royalty income to a shadow of what it was just 10 years ago.
Worse, young activist employees are banding together at publishers to attempt to cancel publication of books that don’t adhere to the proper ‘woke’ philosophy. (Hachette was compelled to withdraw Woody Allen’s autobiography, and last week Penguin/Random House in Canada was screamed at by their staff to halt publication of a new Jordan Peterson book.) So, when you have just four behemoth publishers, a noisy employee uprising by a handful of staff crybabies can effectively throttle unpopular authors and opinions. “Who cares – let them self-publish on Amazon” is no answer either, since Amazon is also making completely subjective censorship decisions based on wokishness or political position, as their blocking of Alex Berenson’s books on COVID have most recently demonstrated.
So where’s the FTC and the Justice Department?