EU Opposition To Agency Model For Selling eBooks Suggests Hard Times Ahead For Publishers
On Tuesday 1 March, several publishing offices in Europe were raided by inspectors from the European Commission. "They burst in like cowboys" said Francis Esménard, the president of French publisher Albin Michel, to journalists at 01net, even if "they were only going to find legal contracts". Elsewhere, they seized smart phones and laptops from senior executives and no doubt ruined a good few lunches. No one likes to meet a Eurocrat at the best of times, but these ones may be beating the death knell of the publishing industry.