A federal appellate court has upheld the dismissal of a longstanding antitrust suit against Hearst and Time Inc.—among other current and former magazine publishers—filed by defunct wholesaler Anderson News, LLC, likely ending a legal battle so protracted that several of its original parties no longer exist. In an opinion released Monday reflecting a unanimous decision from the Second Circuit Court of Appeals, Judge Susan L. Carney wrote that the Southern District of New York had ruled correctly in 2015 when it dismissed a $371 million lawsuit brought by Anderson against six major magazine publishers, among other defendants. Anderson's suit alleged that the publishers illegally colluded to drive it out of business in response to a seven-cent surcharge Anderson attempted to impose, in early 2009, on copies of magazines it delivered to retailers on behalf of the defendants—which included the aforementioned Hearst and Time Inc., as well as American Media, Inc., Bauer Publishing, Hachette Filipacchi Media, Rodale, Hudson News, and four distributors, including Curtis Circulation, who partnered with the publishers. The publishers—who at the time accounted for 42 percent of the U.S. market for single-copy magazine sales—balked at the proposed surcharge, instead opting to go with other wholesalers such as Hudson News and News Group, and Anderson was forced to cease operations and file for bankruptcy just weeks later. Some of the defendants, including AMI, Hearst, and Time Inc.,... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-08-07 00:00:00 UTC ]
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On the same day as Apple Inc.'s release of its much-anticipated Apple Music streaming service, a federal court upheld a ruling Tuesday that states the company illegally conspired with book publishers to drive up prices for ebooks to compete against Amazon.com Inc., USA TODAY reported. The... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-07-01 00:00:00 UTC ]
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Apple conspired with publishers to artificially raise the price of ebooks, the Second US Circuit Court of Appeals in Manhattan ruled today, upholding a verdict from 2013. Now that the company has lost its appeal, Apple is expected to pay $450 millio... Continue reading at Engadget
[ Engadget | 2015-06-30 00:00:00 UTC ]
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A US federal appeals court upholds a ruling that Apple conspired with publishers fix the prices of electronic books. Continue reading at BBC World
[ BBC World | 2015-06-30 00:00:00 UTC ]
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The Second Circuit Court of Appeals has affirmed Judge Denise Cote's 2013 finding that Apple orchestrated a scheme to fix the price of ebooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-30 00:00:00 UTC ]
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WRITING books must be in the DNA of Times journalists. Even the paper’s founding editor, Henry J. Raymond, cranked them out, including his “History of the Administration of President Lincoln” in 1864. The next year, he r ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-06-29 00:00:00 UTC ]
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For better or for worse, news sites’ most popular digital offerings have been interactive games and quizzes. Now Time magazine has created a new home for its interactive stories -- like its quiz to see how much time you wasted on Facebook -- which have been the site’s most popular for the past... Continue reading at Digiday
[ Digiday | 2015-06-22 00:00:00 UTC ]
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Actor Joe Manganiello, who rose to fame as a werewolf on HBO's "True Blood," has sold his house in Hollywood Hills for $1.925 million. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-06-20 00:00:00 UTC ]
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John Spurling has won the £25,000 Walter Scott Prize for Historical Fiction for his novel set in imperial China, The Ten Thousand Things (Duckworth), a book which is said to have been rejected 44 times by publishers. Spurling beat off competition from Martin Amis, Helen Dunmore, Hermione... Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Belgian privacy commission launches lawsuit after warning over alleged privacy law breaches over tracking of users and non-users for adsThe Belgian privacy commission is taking Facebook to court for its alleged “trampling” over Belgian and European privacy law.The lawsuit will be heard in a... Continue reading at The Guardian
[ The Guardian | 2015-06-15 00:00:00 UTC ]
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Penguin Random House is printing 40,000 paperbacks of Ali Smith’s How to be Both (Hamish Hamilton) following its triumph at the Baileys Women’s Prize for Fiction. Smith was named the 20th winner of the prize last night at a ceremony at the Royal Festival Hall in London. Continue reading at The Bookseller
[ The Bookseller | 2015-06-05 00:00:00 UTC ]
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Pinterest currently drives 7.1 percent of Web traffic, second only to Facebook (21.3 percent), and is miles ahead of other social sites. Investing now is a long-term play for growth. After all, the company has announced its long-awaited "buy" button today, and revealed that it will be launching... Continue reading at Digiday
[ Digiday | 2015-06-02 00:00:00 UTC ]
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Since Time Inc. became an indepedent publicly traded company last June, executives at the nation's large magazine publisher have tried to convince Wall Street investors that it's quickly transforming into a digital-first media company. It's certainly made strides, introducing video series,... Continue reading at Advertising Age
[ Advertising Age | 2015-05-29 00:00:00 UTC ]
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Harry Potter author’s lawyer says allegations left her ‘distressed’, but she is ending her libel case after receiving an apology and substantial damagesAuthor JK Rowling has been “fully vindicated and her reputation restored” following the Daily Mail’s apology for alleging she wrote a “sob... Continue reading at The Guardian
[ The Guardian | 2015-05-21 00:00:00 UTC ]
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The Supreme Court has today (20th May) overturned an injunction preventing the publication of a memoir by classical pianist James Rhodes, in what has been described as a “victory for freedom of speech”. The decision has been welcomed by Canongate, Rhodes’ publisher, which was named as a... Continue reading at The Bookseller
[ The Bookseller | 2015-05-21 00:00:00 UTC ]
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Publishers weigh in on the FTs cost-per-hour ad pricing model. The post Forget CPMs, You Should Be Transacting On Time appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-05-20 00:00:00 UTC ]
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Nine major domestic and international publishers including The New York Times and BuzzFeed will begin publishing articles and videos directly to Facebook as part of an initiative called Instant Articles, Facebook announced on Wednesday.The highly anticipated partnership will certainly have many... Continue reading at Advertising Age
[ Advertising Age | 2015-05-13 00:00:00 UTC ]
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L'Oréal has evidently found a video advertising vendor in Mediabong it's very high on. Mediabong—which is announcing a $5 million Series B round of funding today—said it achieved a 90 percent "video-through rate" for L'Oréal in a recent five-week ad campaign across various publishers.... Continue reading at AdWeek
[ AdWeek | 2015-05-13 00:00:00 UTC ]
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Among traditional publishing companies, few have the journalistic heft of The New York Times. The 163-year-old institution has long had a strong moat around its newsroom to protect its journalistic integrity from business influences. Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-05-08 00:00:00 UTC ]
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Publisher of Marie Claire and NME expecting premium price for HQ near Tate Modern and planning to remain a tenant following saleThe publisher of Marie Claire and NME has put its London headquarters, the Blue Fin building near Tate Modern, up for sale with a price tag of more than £400m.Time Inc... Continue reading at The Guardian
[ The Guardian | 2015-05-08 00:00:00 UTC ]
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Time Inc., the magazine publisher spun off from Time Warner Inc., is seeking around 450 million pounds ($685 million) for the London headquarters of its U.K. unit, according to two people with knowledge of the matter.The company appointed broker Eastdil Secured to sell the Blue Fin building,... Continue reading at Advertising Age
[ Advertising Age | 2015-05-08 00:00:00 UTC ]
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