Chapter 84: Surprisingly Updated

The next day, news spread as journalists reported.

Random House, one of the Six Major Publishers, had reached a cooperation agreement with a website, a development that began to diffuse gradually.

This news immediately drew keen attention from numerous small publishers.

However, the top executives of the other five major publishers, in a sense betrayed, reacted quite calmly.

The reason, as the chief editor of Penguin Publishing said in a company meeting, was fairly simple.

In the over one hundred-year history of the publishing house, they had encountered both World War II Germany and the Cold War Soviet Union using state power to meddle in the publishing sector.

They had also faced the United States leading Western countries to enforce a book rating system forcefully.

Yet, they still held the top power in the publishing world, firmly controlling the global literary discourse.