Episode 412 • • 50:32 - 54:29
412: Red Square Patch
Advertising Agency Consolidation and Pearson Publishing Scams
The global advertising and public relations industry is dominated by three massive holding companies: WPP, Omnicom, and Publicis. This consolidation extends to the publishing world, where Pearson has acquired numerous imprints, effectively monopolizing the computer book market. Authors describe a "work for hire" scam where publishers replace royalty-paying bestsellers with in-house versions to avoid paying writers.