The publishing industry has been in flux for years. First chain stores, then Amazon, then e-books — many forces have combined to create dramatic change in the traditional publishing model.
Mike Shatzkin is the founder and CEO of the publishing industry consulting firm Idea Logical. He says one of the biggest changes happening in publishing right now is the planned merger of two of the biggest players in the field, Penguin and Random House — with whispers of further mergers to come.
About a month ago, Declan Procaccini's 10-year-old son woke him early in the morning in a fright.
"He came into my bedroom and said, 'Dad, I had a horrible, horrible dream!' " Procaccini says. "He was really shaken up. I said, 'Tell me about it,' and he told me he'd had a dream that a teenager came into his classroom at his school and shot all the kids in front of him."
ILVA Steel, Europe's biggest steel plant, is located in the Italian port city of Taranto. Judges have ordered a partial shutdown because the plant spews dangerous carcinogens. But the plant is also the anchor of the region's economy, employing some 20,000 people. Sylvia Poggioli