As Sandy Loomed, the Publishing Industry Panicked
Penguin held its Halloween party at its Soho headquarters the Friday before Sandy in an atmosphere of foreboding. Weather reports were forecasting a destructive path for the hurricane, but the employees were preoccupied by another impending storm. Dressed in their ghoulish costumes, they whispered about a takeover by rivals at Random House.
Within publishing, rumors that the companies might join forces felt like news of a merger between the Yankees and Red Sox.