This memorandum of understanding opens a six-month period of fine tuning at the conclusion of which Google and Hachette Livre will hopefully be in a position to sign a binding agreement.
About Hachette Livre
Hachette Livre, a wholly owned subsidiary of Lagardère SCA, is the world's second largest trade book publisher with sales of € 2,273 million. It is #1 in France, #1 in the UK, #2 in Spain and #5 in the USA. It publishes over 17,000 new titles a year under more than one hundred different imprints in a dozen languages, but mainly in French, English and Spanish. It covers all segments of trade publishing: General fiction and non-fiction, mass market pocket books, books for young readers, illustrated books, travel guides, school books, as well as partworks. Its headquarters are in Paris, France.