is is an appropriate time to consider the power of Penguin Random House's position in the marketplace. It is very strong. If I were any of the other four major publishers, I would fear PRH more than Amazon as a potential disruptor of my business. When I put that proposition to a UK-based executive of one of those companies at the London Book Fair last week, he readily agreed with me.
When one considers what a segmented business publishing is, the Penguin Random House combination becomes that much more eye-catching.
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