Abstract
John B. Thompson’s
Merchants of Culture
is routinely cited as the most in-depth and influential examination of the US literary publishing industry in the twenty-first century. This article examines Thompson’s research and impact nearly 15 years after its initial publication. It considers its uses for researchers at present—both Thompson’s thoroughness, and areas of oversight. Considering
Merchants of Culture
from 2026, this article surfaces many of the questions that Thompson raised that are still to be addressed by researchers in the coming years.