In publishing, little companies are often gobbled up by big ones. This scenario faces the staff of Footnotes in History, who find their old-fashioned magazine amalgamated into a large publishing consortium. What will happen to pedantic William, who has edited the magazine all his life? How does his long-suffering secretary feel about being 'rationalized'? And does the new company - satirically represented by designer 'image consultants' - really want William's magazine to continue?