| Sumario: | There is a prevailing view that the character and values of independent publishing inevitably disappear under conglomerate ownership; that the idiosyncratic, free-spirited style of publishing houses of yore is fading away, with predictably dire results for the world of books. Five publishers: Random House Inc., HarperCollins, Penguin, Hodder Headline PLC and Macmillan, now account for 44% of high street sales. The alarming prospect is of individuality and diversity under threat. INSETS: Inside the conglomerates;Random House: the federal approach;Virago: sympathetic home.
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