-
led a revolt when this happened.
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It became clear that
-
Bertelsmann was going to impose
-
a new standard of profitability
-
on the lists in Pantheon's portfolio.
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So it used to be in old-time publishing,
-
sort of mid century publishing
-
and up to the 1980s, that the list, a literature list
-
(and that's the list of books that any
-
publisher publishes), the list should be profitable.
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That does not mean that every single item on that list will
-
be profitable.