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Old 07-01-2016, 05:46 AM   #23
meeera
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Quote:
Originally Posted by HarryT View Post
Picking an example at random of one of the "Big 5", these are Hachette's revenue figures for the last 5 years:

2011: 2038 (millions of Euro)
2012: 2077
2013: 2066
2014: 2004
2015: 2206

(Source)

Those don't look like the figures of a business that needs to change. Revenue is stable and, indeed, increased by 10% in the last year. Large companies tend to be risk-averse. Their current business model is clearly working well for them at the moment.

I should add, by the way, that I'm in no way disagreeing with you. Just saying that it's understandable why they should see no need to change a way of doing business that's working well for them.
Do you have the stats on how many of Hachette's hback/ebook releases are windowed?
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