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Monday, July 11, 2016

Convergence at Penguin Random House

This announcement is, I think, very promising for Castalia House, its readers, and its supporters. The stars are coming into alignment for Castalia to become bigger than any of us had ever imagined:
Penguin and Random House merged three years ago, in 2013, and today Penguin Random House’s CEO, Markus Dohle, sent an anniversary letter to employees in which he congratulated them on their hard work, but more importantly, detailed how that work is affecting people throughout the world.

“Along this road, we have continued to write our story, telling the world who we are, what we do, and why we do it,” Dohle wrote. “Equally important is how—especially in today’s dynamic and complex world, with unprecedented societal events impacting all of us.”

“Publishing is undeniably a force for good,” Dohle continued. “But working in an industry that is inherently a service to society, we risk subscribing to the notion that this is enough. It’s not. We ought to do more—and we can—by taking advantage of our capacity as Penguin Random House to drive positive social, environmental, and cultural change, locally and globally.”
Allow me to remind you of a certain quote that you may find to be relevant in this circumstance.

“Society should treat all equally well who have deserved equally well of it, that is, who have deserved equally well absolutely. This is the highest abstract standard of social and distributive justice; towards which all institutions, and the efforts of all virtuous citizens should be made in the utmost degree to converge.”
 —John Stuart Mill, Utilitarianism, 1861

The only substantive changes Penguin Random House is going to be making will be negative, to their bottom line and their share price. The entire mainstream publishing industry has "dinosaur buggy whip" written all over it. It's astonishing that they can't seem to see it yet.

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80 Comments:

Blogger Feather Blade July 11, 2016 3:42 PM  

"...with unprecedented societal events impacting all of us."

More dietary fiber should help with that.

Anonymous Rolf July 11, 2016 3:42 PM  

They see it, but are unable to recognize it for what it is. The cognitive dissonance is to great.

Five blind men, elephant, some visual integration required...

Anonymous Gen. Kong July 11, 2016 3:48 PM  

The entire mainstream publishing industry has "dinosaur buggy whip" written all over it. It's astonishing that they can't seem to see it yet.

Strangely. They rarely if ever do. SJWs believe they are truly the only moral people. They are really monsters of pride and thus blinded.

Blogger #7139 July 11, 2016 3:49 PM  

efforts of all virtuous citizens

I guess I am not a virtuous citizen

Anonymous Chris July 11, 2016 3:50 PM  

Reminds me of the famous quote that all are equal but some are more equal than others.

Blogger CarpeOro July 11, 2016 3:59 PM  

For what it is worth, Random Penguin House may have been a more prescient name. It has gone to the crazy birds.

Blogger VFM #7634 July 11, 2016 4:01 PM  

I take it Markus Dohlt is a German? /smh

Blogger dienw July 11, 2016 4:04 PM  

Penguin Random House missed a wonderful opportunity: they should have called the new company The Random Penguin.

Blogger Robert Divinity July 11, 2016 4:07 PM  

The world obviously clamors for more uniformity. Someone has to deliver.

Dry and pithy, and look forward to "Cuckservative" when it arrives from Britain. Long story short is I don't put money into the pockets of Bezos. It's the same reason I avoid Penguin-Random House (have they eliminated true crime that chronicles wives who murder their husbands yet?).

Blogger Snidely Whiplash July 11, 2016 4:12 PM  

Women ruin everything

Blogger Orville July 11, 2016 4:12 PM  

Pronounced "Dolt", right?

BTW...loved "The Missionaries". Sydney Prout could have been the CEO of Random Penguin Outhouse.

Anonymous SciVo July 11, 2016 4:19 PM  

That announcement was the opposite of bondage roleplay with quick-release handcuffs: instead of pretending to be bad, they're pretending to be good.

Dodo Chaos Tenement is LARPing good corporate citizenship, using the symbols for something else. A good neighbor would not "tak[e] advantage of [his] capacity ... to drive ... change," which is to say force his will on you. "But it's for your own good!" Assholes.

Blogger Steffen July 11, 2016 4:19 PM  

The Dresden Files books are published by Penguin. It would be best that the SJW's don't do anything to screw those up.

Blogger David-2 July 11, 2016 4:25 PM  

“Publishing is undeniably a force for good,” Dohle continued. “But working in an industry that is inherently a service to society ...". Whatever his other problems, self-esteem isn't one of them.

Anonymous Random July 11, 2016 4:27 PM  

Steffen wrote:The Dresden Files books are published by Penguin. It would be best that the SJW's don't do anything to screw those up.

Nah, the author does a good enough job screwing them up all by himself.

Blogger Diego Del Sol July 11, 2016 4:36 PM  

Random Penguin House is a cool name for a rock band. Maybe the could pivot from publishing books to music?

Blogger Cataline Sergius July 11, 2016 4:38 PM  

@Vox

There are interesting long term implications to this merger.

Do you foresee the possibility that the Big Six, could turn into the Big Two or even the Big One?

It wouldn't be that big of stretch for them so far as I can tell.

Anonymous cheddarman July 11, 2016 4:40 PM  

The harder SJWs push against reality, the faster they will fail and greater is the bitch slap they will receive when reality reasserts itself.

Blogger James Dixon July 11, 2016 4:41 PM  

It's a real shame none of the big five are independent companies you can short in the markets. Simon & Schuster is owned by CBS and HarperCollins is owned by News Corp. The other three seem to be private companies.

I don't make a habit of shorting companies, but if any company ever looked like a good short prospect, these companies do.

Blogger Were-Puppy July 11, 2016 4:53 PM  

I wish they would not charge $10 for both the paperback, and the ebook.

Makes it very expensive to pick up the Dresden files.

Blogger bob k. mando July 11, 2016 5:00 PM  

this attitude exemplifies the need for the Right to have educational systems of it's own.

even if you homeschool and rear your children to be Not Left ... where will they go for secondary / post secondary education?

the same systems dominated by the Ivies? the same systems that produce the leadership of almost all the nations on the face of the planet?

http://www.socialmatter.net/2016/03/22/the-american-colonial-office/
"A few weeks ago it was reported that Natalie Jaresko, Ukrainian finance minister, was “in talks” to become the next Prime Minister of Ukraine.
...
Ukraine is an example of American imperialism in the tradition of Europe.

Natalie Ann Jaresko was born and raised in the leafy suburbs of Chicago, Illinois. She graduated from DePaul University in urban Chicago proper, then received a master’s degree in public policy from Harvard. A couple of years later she got her first job in Ukraine as the chief of the economic section at the U.S. embassy in Kiev. She left that post and became, among other things, an investment banker.
...
I derive endless joy from browsing the notable alumni sections of prominent American universities and discovering that apparently the leaders of 191 out of 193 supposedly independent and sovereign nations on Planet Earth all learn how to lead, govern, and administrate countries in a handful of homogeneous and conformist American schools, all within a few hundred miles of each other on the northeastern end of the North American continent."

Blogger SciVo July 11, 2016 5:04 PM  

@ James Dixon: I don't make a habit of shorting companies, but if any company ever looked like a good short prospect, these companies do.

Nah, since SJWs always lie, you could lose your shirt to accounting shenanigans before the music stopped.

Anonymous VFM #6306 July 11, 2016 5:05 PM  

In other words: "We can't make money, so let's make a mess!"

Anonymous Philipp July 11, 2016 5:10 PM  

"It's astonishing that they can't seem to see it yet."

Ideology makes blind. See for example the communists. Pol Pot. The neo-cons who wanted to transform Iraq into a pro-American, liberal democracy by force. There are many more examples.

Thus I am not surprised that they do not see it.

Anonymous Broken Arrow July 11, 2016 5:12 PM  

Statements like this are all about the pats on the back from their white, liberal, friends at the dinner parties. Even if they do run the company into the ground the executives all have millions in the bank and are mostly insulated from their decisions. In their circle there's really no downside to this course for the people in charge.

Blogger Snidely Whiplash July 11, 2016 5:19 PM  

The publishers think the have the whip hand. We can only read what they publish, and they will publish what is good for us.

And as every business that tries to ignore the market eventually finds, they will either give up or go broke. They have already been subsumed into the news industry. From a certain perspective it's a good match.Similar strengths, similar cultures, similar businesses.

Unfortunately putting words on paper is no longer a viable business model. They need to leverage their brands, their producers, their networks and their market penetration to drive into putting words on screens.

And they can't.

Because there is not gate any more. Acting the gatekeeper only works if there's a gate.

Blogger Ron Winkleheimer July 11, 2016 5:22 PM  

I dispute that publishing is "undeniably a force for good." It can be. However, it can also be a force for evil.

Is film making "undeniably a force for good?" "Triumph of the Will" and the new Ghostbusters remake would seem to indicate the answer is no.

Blogger Ron Winkleheimer July 11, 2016 5:24 PM  

Speaking of Ghostbusters and publishing:

https://www.youtube.com/watch?v=D3v_ogRaTf4

Blogger dc.sunsets July 11, 2016 5:27 PM  

Hysteresis.
It's a word I recently added to my vocabulary, and it applies in this regard in this way:

Inputs are occurring, but the effects have yet to visibly emerge. Leftists think this means they are winning, and they redouble their efforts. In point of fact, the relevant inputs are all against them, but the effects are still below the threshold of their vision.

When the threshold is breached, they will be utterly shocked. "No one could see this coming," we'll be told.

Stop laughing. You'll pull a muscle.

Anonymous M.W. Peak July 11, 2016 5:28 PM  

The convergence crowd should take a clue from the Christian (TM) movie industry. The medium is used not to tell good stories, but to promote an altar call to conversion in every film. The result is a series of popular entertainment that not only fails to contain compelling tales, but succeeds mostly in preaching to the choir.

Then again, maybe that is the convergence market.

Blogger dc.sunsets July 11, 2016 5:32 PM  

So...publishers are controlled by media conglomerates?

Hmmmm....

http://www.theburningplatform.com/2016/07/09/how-to-control-the-narrative/

Blogger Dave July 11, 2016 5:39 PM  

"Since the merger, Dohle wrote, PRH has unveiled many social responsibility initiatives, including National Readathon Day, Give a Book, and Creative Writing Awards."

Not long ago this would be seen as mindless corporate do-goodism to enable feelgoodz in their employees and customers. Now every CEO worth their salt has to parrot the Change statement as if from a template: "...by taking advantage of our capacity as Penguin Random House to drive positive social, environmental, and cultural change, locally and globally.”

It'll be interesting to find the Change statements from the other big publisher CEO's.

Anonymous BGKB July 11, 2016 5:41 PM  

Do you foresee the possibility that the Big Six, could turn into the Big Two or even the Big One?

It appears Random penguin managed to make the Big Douche

Blogger Alec Rawls July 11, 2016 5:46 PM  

In defense of Mill, his use of desert as the criterion of reward is utterly eschewed by pretty much everyone left of center (or left of center right), never mind just by the far left SJW group identity racists, sexists, etcetera. Mill is one of the great pioneers of liberty. I wouldn't associate him with those he has virtually nothing in common with.

Blogger Doomfinger July 11, 2016 5:47 PM  

The battle of the Markus has begun!

Anonymous A Paradigm Is More Than Twenty Cents July 11, 2016 5:50 PM  

The Random Penguin House strategy seems to be:

1. Stop selling books to people who read.
2. Start selling books to peole who do not read.
3. Profit!

Well, what could possibly go wrong?

Anonymous A Paradigm Is More Than Twenty Cents July 11, 2016 5:51 PM  

The Random Penguin House strategy seems to be:

1. Stop selling books to people who read.
2. Start selling books to peole who do not read.
3. Profit!

Well, what could possibly go wrong?

Anonymous Godfrey July 11, 2016 5:53 PM  

It's no longer enough to merely entertain you. No, they must mold you into what they think you should be.

Man is an complex creature. The shallow among his kind are always in search of meaning. Without a political cause he is nothing. He desperately searches for dragons to battle and windmills to fight. Like Ted Bundy or John Wayne Gacy he only feels alive when he is torturing another.

Blogger SirHamster July 11, 2016 5:55 PM  

Were-Puppy wrote:I wish they would not charge $10 for both the paperback, and the ebook.

Makes it very expensive to pick up the Dresden files.



How else are they going to fund their SJW nonsense?

Anonymous A Paradigm Is More Than Twenty Cents July 11, 2016 5:55 PM  

dc.sunsets
Hysteresis.

Don’t quite agree with that. What’s possibly a better model is Rene’ Thom’s Catastrophe Theory, where systems can receive linear inputs with nonlinear outputs. Sometimes very nonlinear outputs, such as earthquakes.

Preference cascades might be modeled with catastrophe theory.

Blogger Arthur Isaac July 11, 2016 6:01 PM  

Newspeak for propaganda.

Has anyone made a financial success of selling propaganda so blatant?

Blogger Snidely Whiplash July 11, 2016 6:02 PM  

A Paradigm Is More Than Twenty Cents wrote:2. Start selling books to pepole who do not read.

Well, look how well Marvel is doing, and they are selling comic books to people who don't read comic books.

And people who don't read are the vast untapped market for publishers. You can see the attempt in just looking at the books that are published these days. Way too many of them, particularly how-to and other non-fiction titles,a re full of useless graphics, pointless sidebars, and weird, almost unreadable page formatting.

"I have a graphic designer, and I'm not afraid to use her!"

Anonymous BGKB July 11, 2016 6:08 PM  

2. Start selling books to pepole who do not read.

Even I was surprised at the lack of black literacy when I first wore my "white privilege is evolution that's why Asians have it also shirt". It was in block letters not cursive.

Anonymous Bz July 11, 2016 6:09 PM  

A few weeks ago it was reported that Natalie Jaresko, Ukrainian finance minister, was “in talks” to become the next Prime Minister of Ukraine.

Now that's the sort of democracy an elite can stand behind.

Anonymous Bz July 11, 2016 6:12 PM  

From the general news the publishers have been doing rather poorly. Is this Dohle fellow having a dissociative spell after all the bad news or what's going on here?

Blogger James Dixon July 11, 2016 6:26 PM  

> Makes it very expensive to pick up the Dresden files.

You do know there are these things called libraries, don't you? Most even offer ebooks now. And there are always other options, which we won't get into here.

> ...you could lose your shirt to accounting shenanigans before the music stopped.

I never invest money I can't afford to lose. I could wait.

But the publicly available ones are both owned by major conglomerates and not a significant portion of the profits of the whole. :(

Blogger Zaklog the Great July 11, 2016 6:27 PM  

Relevant to a question I had intended to ask anyway: I'm considering purchasing a Castalia book. Do you prefer through Amazon, or direct purchase? I'm aware that each has different advantages.

Blogger Bob Loblaw July 11, 2016 6:41 PM  

I dispute that publishing is "undeniably a force for good." It can be. However, it can also be a force for evil.

When I read that line I thought "Most people wouldn't see Mein Kampf as a force for good."

Anonymous A Paradigm Is More Than Twenty Cents July 11, 2016 6:43 PM  

I’m with Zaklog, there are family members who just don’t wanna learn an e-reader, and I need to hand out a few copies of The Missionaries. Paperback or hardback, I don’t care.

Say, I wonder if there’s any chance of selling autographed copies of books? Not everyone can get all the way down to the swamps just to have Peter Grant scribble on Brings the Lightning.

Blogger VD July 11, 2016 6:49 PM  

I'm considering purchasing a Castalia book. Do you prefer through Amazon, or direct purchase? I'm aware that each has different advantages.

Through Amazon, yes.


Say, I wonder if there’s any chance of selling autographed copies of books?


Only in an extremely cost-prohibitive manner.

Blogger weka July 11, 2016 6:58 PM  

He left the EU when headhunted for an editorail position

Anonymous andon July 11, 2016 7:32 PM  

“Along this road, we have continued to write our story, telling the world who we are, what we do, and why we do it,” Dohle wrote. “Equally important is how—especially in today’s dynamic and complex world, with unprecedented societal events impacting all of us.”

“Publishing is undeniably a force for good,” Dohle continued. “But working in an industry that is inherently a service to society, we risk subscribing to the notion that this is enough. It’s not. We ought to do more—and we can—by taking advantage of our capacity as Penguin Random House to drive positive social, environmental, and cultural change, locally and globally.”


sounds like a propagandist

Blogger Snidely Whiplash July 11, 2016 7:33 PM  

andon wrote:sounds like a propagandist

Publisher, propagandist, I'm sure there's a difference. There has to be, right?

Blogger John Wright July 11, 2016 7:38 PM  

"“Publishing is undeniably a force for good,” Dohle continued. “But working in an industry that is inherently a service to society ..."."

Would that Robert Heinlein could rise from his grave, and with a scabby, undead but talented hand grasp this prideful weasel by the throat and explain the following in the breathy whisper stinking of the fumes from hell:

Markus Dohle, you dolt. We are in the clown business. Our job is to make the customer smile, or laugh, or on rare occasion, ponder some new thought, but only if it entertains him. We are not his teacher, his father confessor, his mother or his guru. We are his servant, the fool the king keeps by his throne to kick. In a free market, the customer is king.

We are competing for his beer money. He could buy a computer game, a comic book, a pack of songs or a pack of smokes instead with the money we ask him to plunk down on the barrel head for books about space marines in power armor or men from Mars named Smith.

If the customer wanted us to do social engineering, they would have voted for us for alderman. If they wanted us to lead a crusade, they would have written a letter to the Pope.

They want us to sing a song, say a poem, tell a love story, tell a tall tale of adventure, make dark days bright, boring days memorable, and to remind them of what the world really should be.

It is a godlike task, not to be taken lightly. But that is the whole task.

Shut up and publish books. If honest love of honest craftsmanship is not enough to make you love your work, them go pass out soup to the poor in a soup kitchen.

Anonymous andon July 11, 2016 7:42 PM  

43. Anonymous BGKB July 11, 2016 6:08 PM
2. Start selling books to pepole who do not read.

Even I was surprised at the lack of black literacy when I first wore my "white privilege is evolution that's why Asians have it also shirt". It was in block letters not cursive.


I wonder if you could get away with one of those

DIND
UNUF
FIN

shirts

Blogger seeingsights July 11, 2016 8:29 PM  

@ 19. James Dixon

With the benefit of hindsight, I should have shorted companies in the newspaper business. Like publishing, they are being run into the ground by left-liberals.

For example, The Washington Post's stock was over $750 share in 2005, and went down to around $300 a share in 2013. It is now privately owned by Jeff Bezos.

Gannet was over $85 a share in 2004, now its at $13.97 a share.

The New York Times was $70.94 a share on Feb 1, 1998. Now it at $12.39.

One curious thing: highly successful businessmen-Warren Buffett, Jeff Bezos and Carlos Slim, bought large stakes in these companies. Buffett and Slim's investment decreased in value. Now, they are way more richer than I am, but I fail to see what they see in the newspaper biz.

Anonymous SciVo July 11, 2016 8:32 PM  

James Dixon wrote:But the publicly available ones are both owned by major conglomerates and not a significant portion of the profits of the whole. :(

Yeah, I saw the same issue with Sony Pictures Entertainment when I looked into who did Ghostbusters. Of course movie studios probably have even funnier accounting then book publishers, but there just isn't an obvious way to short their social justice convergence.

Anonymous BGKB July 11, 2016 8:36 PM  

We are competing for his beer money...If the customer wanted us to do social engineering

To be fair Penguin Random's crowd is competing for wetback BJ, or latrina clams money.

I wonder if you could get away with one of those DIND UNUF FIN

One thing I learned is it has to be understandable to the normies. While "White Privilege Is Evolution that's why Asians have it also" directly strikes what kids are taught in school, I don't think most people would know what didnus are. It would be preaching to the choir, while the other has the capacity do destroy the narrative. A white lives matter shirt with the WhiteGirlBleedAlot.com at the bottom would be good also.

Now, they are way more richer than I am, but I fail to see what they see in the newspaper biz.

Narrative control.

Anonymous SciVo July 11, 2016 8:47 PM  

seeingsights wrote:One curious thing: highly successful businessmen-Warren Buffett, Jeff Bezos and Carlos Slim, bought large stakes in these companies. Buffett and Slim's investment decreased in value. Now, they are way more richer than I am, but I fail to see what they see in the newspaper biz.

Buffett's newspaper purchasing strategy

Buffett's newspaper operating principles

Basically, he doesn't care about their sale value, since he intends to run them until their operations aren't profitable. For that, he buys papers with strong local content and a smart digital strategy, frees them from debt service, and maybe upgrades their facilities a little.

Blogger James Dixon July 11, 2016 8:53 PM  

> Of course movie studios probably have even funnier accounting then book publishers...

Oh they do. The movie and music industries are notorious for their "creative" accounting.

> ... but there just isn't an obvious way to short their social justice convergence.

Not yet, no. But the infection spreads. Give it time.

Anonymous BeerCityBicycles July 11, 2016 8:57 PM  

Vox Day, the Bernie Madoff of Publishers...

Blogger JaimeInTexas July 11, 2016 8:57 PM  

Will Castalia ever go public? ;)
Looks like great sailing ahead for the Ship of Castalia.

OpenID peppermintfrosted July 11, 2016 8:58 PM  

I try mocking the crypto-spiritualist Boomers by saying things like "Maslow scientifically proved that the self-actualization differential is the individual equation corresponding to global principle of stationary utility ∫ᵧUdU=0 for correct moral paths γ and therefore we must give pre-pubescent children the opportunity to self-actualize by taking hormone blockers", but they can't conceive that anyone would disagree and think I'm agreeing with them.

There's just no reaching these Boomers. They will cheerfully give everything they have to the ((global utility function)) and never once question it, because questioning it is a bad feel and bad feels may cause a bad afterlife or whatever.

Blogger vanderleun July 11, 2016 9:06 PM  

When I began as an editor for Houghton Mifflin back in 1981 my first book was IN COLD TYPE by Leonard Shatzkin... a book that outlined in great detail just how many deep stupidities afflicted trade publishing even then. Shatzkin was so correct that Houghton was forced to publish a disclaimer. Dying then, much more dead now... Random House? Drive it fast to its tomb. This from Jacques.

Anonymous Ahmad ibn Fadhlan July 11, 2016 9:21 PM  

@54. Blessings upon that.

The Fool is a position of honor in any wise court. "A fool" is not the same thing, and they cannot tell the difference.

Blogger The Other Robot July 11, 2016 9:59 PM  

Someone calling for a boycott of the NFL until they get rid of Isaiah Crowell.

Blogger Lazarus July 11, 2016 10:00 PM  

A Paradigm Is More Than Twenty Cents wrote:I’m with Zaklog, there are family members who just don’t wanna learn an e-reader, and I need to hand out a few copies of The Missionaries. Paperback or hardback, I don’t care.

Just as a particular point regarding that, Mrs. Lazarus has a neurological eye issue where she can't read hard copy but can read an e-reader. I kid you not. More old people will become like this.

Blogger James Dixon July 11, 2016 10:03 PM  

> Will Castalia ever go public? ;)

They could issue private shares like Publix. Only Ilk and VFM allowed.

Blogger JaimeInTexas July 11, 2016 10:30 PM  

Penguin sounds like it is virtue signalling in a beg for people to buy their publications.

Blogger Brian Niemeier July 11, 2016 10:35 PM  

If You Were a Dinosaur Buggy Whip Manufacturer, My Love

Blogger The Other Robot July 11, 2016 10:37 PM  

US Publishing revenues decline slightly in 2015 compared with 2014.

Blogger Human Animal July 11, 2016 11:43 PM  

Penguin Random House missed a wonderful opportunity: they should have called the new company The Random Penguin.

Enough Random it is Not.

The Dresden Files books are published by Penguin. It would be best that the SJW's don't do anything to screw those up.

Jim has fans willing to buy hardcover and he's good at keeping his head down. He'll be fine.

As for format, I'm hoping the breakdown brings back radioplay saturation - Audiobooks + Short Pulp Installments.

Blogger residentMoron July 12, 2016 1:51 AM  

"We ought to do more—and we can—by taking advantage of our capacity as Penguin Random House to drive positive social, environmental, and cultural change, locally and globally."

I fully appreciate the suicidal irony of this insanity, but damn! - the sheer hubris of these motherfuckers gets me every time.

Who in hell do they think they are?

Whom the gods would destroy the first make mad. These guys are plainly near the top of some Olympus denizen's shit-list because they've completely disconnected from this green Earth.

Blogger weka July 12, 2016 4:19 AM  

@54, quoted: Bob Heinlen forgot this with his last books, and I wonder what was rotting his brain as he did this. Jerry Pournelle, however, has never forgotten what the pre decline Heinlen taught him.

@73. This is the Leica strategy. Continue to make rangefinder cameras at very high prices for those who want status. It works for them because of their engineering and some of the things they do better than others (Hassleblad has done the same thing). But this is not popular culture: this is not mass engineering.

This is Opera. With a progressive gloss, produced for the elite. Requiring state subsidy. It is not a business: and as the mass market camera makers are slowly going bust, so will they.

Anonymous Jack Amok July 12, 2016 5:04 AM  

I don't make a habit of shorting companies, but if any company ever looked like a good short prospect, these companies do.

Yeah, funny how convergence seems to happen fastest at companies that don't face those kinds of consequences.

Blogger Kona Commuter July 12, 2016 5:52 AM  

Unrelated to the post but Aussie expat loses job in Singapore after complaining on Facebook about not having access to Pokémon GO http://www.msn.com/en-au/money/company-news/aussie-expat-loses-job-in-singapore-after-complaining-on-facebook-about-not-having-access-to-pok%C3%A9mon-go/ar-BBuep05?li=AAabC8j&ocid=spartanntp

Blogger The Other Robot July 12, 2016 9:17 AM  

@76: Some would say that's not an Australian ...

Anonymous Darth Wheatley #2514 July 12, 2016 9:19 AM  

"Penguin Random House to drive positive social, environmental, and cultural change"

Yup, they're toast.

Blogger Scott6584 July 12, 2016 2:59 PM  

Question for Vox Day?

Are your books available through conventional outlets such as book stores? I was in Barnes & Noble recently burning some time, and looked for books authored by you in the Science Fiction section and could not find them. I was interested in reading a few chapters just to see if what you wrote interests me.

Are your books mainly available via electronic means, or as paper & ink books?

Blogger thad jones September 03, 2016 11:32 PM  

@73
Whom the gods would destroy the first make mad. These guys are plainly near the top of some Olympus denizen's shit-list because they've completely disconnected from this green Earth.

I subscribe to the Psalms 2 version, myself.

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