> The largest five publishers control 90% of the market. This is not dissimilar to the music market. It used to be controlled by 5 companies, now it's down to

> The largest five publishers control 90% of the market. This is not dissimilar to the music market. It used to be controlled by 5 companies, now it's down to three. The result? Creators are paid peanuts while the blame is shifted away from actual companies controlling the market to someone else. As a former employee of Storytel, the Swedish audiobook app, I'm really glad for this decision. Penguin Random House already has an insane outsized and rarely positive influence on the market. The merger would've only made things worse.