Simon & Shuster offer Self-publishing

According to the Financial Times, a new self-publishing wing is to be offered by Simon & Shuster, as their response to the large increase of consumer interest in self-publishing.

However, elsewhere it is claimed that S&S intend to offer their basic self-publishing package from $1,599 USD, rising to $24,999 USD for the deluxe self-publishing package. So that's from just under £1,000 British Pounds Sterling up to £15,618.

Is this true?

Surely I can't be the only so-called indie author to laugh aloud at this.

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