Saturday, November 05, 2011

A new monopoly in the Bible publishing world?

This small news item in Nashville caught my eye.  Rupert Murdoch's Newscorp, which owns HarperCollins Publishers, the publishing giant, and Fox, Fox News and 20th Century Fox, recently purchased Thomas Nelson Inc.  It means that Rupert Murdoch's company now controls the two dominant Bible publishers in the U.S. -- Zondervan (which publishes the NIV) and Thomas Nelson (which publishes the New King James Version).  While no one wants to admit it, religious publishing is an industry like many others.  This takeover, while it was friendly, cannot be good news for the Bible publishing industry.  I expect the price of Bibles in the US will go up, and translation efforts for unreached people groups will continue to be the work of missionaries, not employees of Mr. Murdoch. CNN put it this way:
HarperCollins is a subsidiary of News Corporation, a multinational media company headed by Rupert Murdoch, the media magnate who earlier this year was plagued by hacking and phone-tapping allegations at some of his publications in the United Kingdom.
I hope the Bible publishing industry does not become just another feather in Mr. Murdoch's cap.

Please note, the accuracy of the image attached to this story has not been authenticated.  DirecTV is not part of News Corp, as is evidenced by their recent feud, so some of the other banners below News Corp may not be, either.  I included the image anyway as it gives the gist of what News Corp owns.

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