"The ebook is a stupid product. Our business cosists of saying no to three thousand manuscripts and saying yes to one." - Hachett CEO

Panzer was tootling around in the Catosphere when he heard booing and hissing outside. Following the cacophony of noise took our brave kitty pilot to The New Publishing Standard site. There he found a post about publisher Hachette Livre.

He sure hates indie publishers.

According to the post by Mark Williams, Hachette Livre CEO Arnaud Nourry doesn't find Amazon (or any other tech company) a problem to the company's publishing markets. While Amazon is the dominant company in the English speaking readers realm, Hachette concentrates their business in the non-English speaking countries only deriving 25 percent of their market from English readers. Amazon's concentration in the self-publishing arena is also part of the mix. As the title of Mr. Williams' post emphasizes, Mr. Nourry doesn't support self-publishing. Since there are no gatekeepers in the self-publishing realm, he believes most of what is in the reading arena should not have been published at all.

Panzer says, "Hmm ... From this post it looks like Hachette controls the paperback and hardback market outside the English-speaking readers in the United States and Canada."

Note: This is a long post. Bring a thermos of tea and half a dozen muffins for today's reading selection.

To read the post tootle over to Hachette CEO