This is what happens when...

Lagardère to BuyTime Warner BooksFrench publishing giant Lagardère will acquire Time Warner Book Group, for $537.5 million.

so i meant to comment on this when it happened, but you know how it is, other sh*t happens. Anywho, I was a little sad to hear this because for some reason, I saw it as a negative thing. Hopefully, I am wrong. I interned at TWBG and hope that this doesn't affect the core of the operations. Maybe it is a good thing that they are back with an actually book publisher and not a Multi-tiered media company.

See this is what happens with big ass media companies buy book publishing arms and expect the book publishing arms to perform the same way as their other businesses. They forget that book publishing just doesn't have the profit margin of say, a major CABLE company. You can try to squeeze and squeeze but for the most part, it ain't happening. So when execs have this horrifying revelation..this is what happens.