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Since the recent takeover of publishing concerns by [#permalink]
14 Sep 2004, 09:49
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Since the recent takeover of publishing concerns by communications-entertainment firms, management's new methods have increased the financila profits of commercial publishing, at the price of narrowing the range of books made available to the public and by catering to the vulgar tastes of the new buyers of books. Business has boomed; but the losers are the majority of authors or aspiring writers, and all discriminating readers.
If the statement above is true, which of the following can also be inferred to be true?
A) Profitable business practises are relatively new in the publishing industry.
B) Commercial publishing is now catering to a different community of book readers than the book business has served in the past.
C) The new profits from methods introduced by communication- entertainment management will encourage writers of literary talent to persevere against the odds.
D) The narrowed range of books coming to the public is directed toward a more discriminating audience.
E) The public is unaware of the trend i the publishing industry to specialize in cooks that produce blockcuster sales.
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...