The acquisition of Text Publishing by Penguin Random House is part of a worrying trend in Australian publishing Mergers within the Australian publishing industry have significant implications for the literary culture.

“Text also #publishes an extensive series of #AustralianClassics. These titles are oft previously #OutOfPrintBooks, saved from obscurity. With a relatively small population & limited interest from #OverseasPublishers in local titles, #Australia’s #LiteraryHeritage is at great risk of disappearing.”