Matthew Stoller Misses a Goliath

AND IT’S A BIG ONE

goliath-9781501183089_lg

Liberal journalist, advocate, Harvard grad and all-around guy-on-the-make Matthew Stoller has written a new book about the power of monopoly and its threat to democracy– GOLIATH.

Except he seems to have missed a very big Goliath, one standing directly in front of him. His publisher! Simon & Schuster is one of publishing’s notorious “Big Five” book conglomerates.

How big are they? Take a look at this chart and judge for yourself:

http://almossawi.com/big-five-publishers/

Be sure to scroll down to see all of it.

The chart gives only part of the story. The real clout of these New York City-based conglomerates with their many imprints is their influence over Manhattan media– the scores of publications both print and internet, from the New York Times and The New Yorker on down, which determine which books– which voices– are allowed to be heard in this extremely noisy society. 

Threat to democracy?

In some ways, the Big Five and their many appendages and fellow travelers are the biggest threat to democracy. The most pernicious, most influential concentration of power. All congregated on a single island.

matt stoller(Matt Stoller, looking smug.)

Matt Stoller well knows of course how dominant, how influential they are. Which is why he chose to publish his book with them– and not with one of the many alternative publishers out there. 

Such is the game and how it’s played.
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-Karl Wenclas for New Pop Lit NEWS

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Why Did They Publish It?

THE COLLAPSE OF BIG FIVE PUBLISHING IS ONGOING

james frey

Call it a collapse of credibility more than anything.

James Frey may be the most egregious person on the literary scene today.

Frey’s 2003 best-selling memoir, A Million Little Pieces, was later revealed by The Smoking Gun to contain large fabrications.

In 2010 James Frey was shown by Suzanne Mozes of New York magazine to be running a “fiction factory” ruthlessly taking advantage of aspiring young writers.

Frey’s just-released novel, Katerina, is getting slammed by literary critics.

-Including by Ron Charles at the Washington Post, who says it may be “the worst novel of the year.”

-Including by Claire Fallon at Huffington Post, who states firmly that “James Frey Still Sucks.”

THE QUESTION everyone is asking is “Why does James Frey continue to be published?”

It has to be more than Ms. Fallon’s take that he’s published simply because he’s a white guy. There are scores of talented white male writers out there who aren’t landing big book contracts from Big Five publishers like Simon & Schuster. At New Pop Lit we’ve published many of them, including Clint Margrave, Jack Somers, Brian Eckert, Richard Greenhorn, Gregory YelnishAlan Swyer, D.C. Miller, Alex Bernstein, Alex Olson, Jon Berger, Michael Howard, Don Waitt, Wred FrightJoshua Caleb Wilson, and Elias Keller, to name some of the more recent names.

simon & schuster bldg(Simon & Schuster Building.)

COULD IT BE that giant book companies which are part of gigantic media conglomerates and insulated by layers of bureaucracy within Manhattan skyscrapers are simply unable to locate actual literary talent? Instead they take the easiest path: “Round up the usual suspects!”

It’s a top-heavy and feckless system worthy of collapse.
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-Karl Wenclas, New Pop Lit NEWS