Quote:
Originally Posted by fjtorres
Reasonable, considering Hachette's foot dragging and astroturfing only got them the same kind of deal as S&S got by negotiating in good faith.
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This is speculation.
My speculation is that, as the smallest of the big five, Hachette was the gazelle the Amazon cheetah was trying to pick off. We do know that Amazon executives can think that way:
http://www.businessinsider.com/sadis...azelle-2013-10
So the gazelle (Hachette) had a bigger job in standing up to the cheetah than did Simon & Schuster, a larger publisher backed by a parent, CBS, having 71 percent more revenue than Hachette's Lagardère.
It's in the interests of both Amazon and Hachette to convince us that the Hachette deal is just as good as that achieved by Simon & Schuster. I hope this is true.
P.S. For a bit of perspective, here is the world-wide 2013 revenue for the three corporations mentioned above:
Lagardère €7.2 billion
CBS €12.3 billion
Amazon €59.7 billion