More Large Media Consolidation

October 31st, 2012

Random House and Penguin Merge:

Britain’s Pearson and Germany’s Bertelsmann plan to merge their publishers Penguin and Random House, aiming to gain the upper hand in their relationship with Amazon and Apple, the leaders in the ebook revolution.

The Walt Disney Co. Acquires Lucasfilm:

The Walt Disney Co. announced today that it’s agreed to acquire Lucasfilm for $4.05 billion, and word quickly followed that there are plans in place for not one but three new “Star Wars” movies, the first of which will arrive in theaters in 2015. Lucas, however, will only serve as a “creative consultant” and will not write or direct.

Leave a Reply

You must be logged in to post a comment.