Wednesday, November 2, 2011

FW: Murdoch corners 50% of Christian publishing


Veith on the news…


Feed: Cranach: The Blog of Veith
Posted on: Wednesday, November 02, 2011 3:46 AM
Author: Gene Veith
Subject: Murdoch corners 50% of Christian publishing


HarperCollins is part of the media empire owned by Rupert Murdoch, who also among many other properties owns Fox News.   HarperCollins already owns Zondervan, the world's leading Bible publisher.  Now Christianity Today reports that HarperCollins is also buying Thomas Nelson, the largest Christian publishing company.   This will give Mr. Murdoch control of 50% of the Christian publishing industry.

See HarperCollins Buys Thomas Nelson, Will Control 50% of Christian Publishing Market | Liveblog | Christianity Today.

Does it matter that the Christian publishing industry will be dominated by a secular corporation?  Or by a mogul like Murdoch, who also publishes racy tabloids?  What will this do to the smaller publishing companies like Crossway and denominational houses like CPH?  Or will e-books, the Kindle, Amazon, and viral online marketing make even HarperCollins obsolete?

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