The acquisition of Text Publishing by Penguin Random House is part of a worrying trend in Australian publishing

By Alice Grundy, Visiting Fellow, Australian National University

Australia has been unique in the anglosphere for decades, as its independent publishers have resisted the forces of conglomeration and remained privately owned – often by their founders. But this week the third independent publisher in less than six months has merged with a multinational.

Text Publishing, founded in 1990 by Eric Beecher and Di Gribble, and run for decades by Michael Heyward and Penny Hueston, is now an imprint of Penguin Random House Australia.

Text joins Pantera…

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