Merger

Publishing houses are scrambling to determine how to cope with the rise in digital reading. The iPad, the Kindle, the Nook and the Sony Reader, the strongest players in the eReader market, are four of the biggest threats to the print publishing industry. With everyone reading on a screen, how do publishers make a profit? Just this week, on December 18, Pearson Plc’s Penguin Group, a book publisher, reached a settlement with the U.S. Department of Justice in a case in which Penguin was accused of forging a deal with Apple to prevent other ebook sellers from discounting their prices. Wharton Global Youth explores this bold deal between Apple and book publishers, the resulting anti-trust lawsuit and the future of traditional book publishing.

Past KWHS essayist Jonathan Heckman will soon graduate from Embry-Riddle Aeronautical University and start a job as an aviation analyst with United Airlines. Drawing on his experience as an aviation blogger and business student, Heckman takes a look at this week’s merger between American Airlines and US Airways.