It looks as though owners of two of the world's largest publishers, Random House and Penguin, are to merge to form the biggest. It looks as though owners, Bertelsmann and Pearson will be combine to form a massive company worth several billion to see it through the oncoming times and deal with seuch things as e-books and the rise of Amazon. The new company would be responsible for about 25% of all books sold in Britain alone
At one point, it looked as though Murdoch's News Corporation was going to make a bid for Pearson, but that looks to have fallen through.
On the one hand this could see books surviving in their current form for a lot longer as they will have a lot more clout. But I bet with the slimmed down company it will be even harder for new writers to get a start with them.