Apple agrees to pay up to $400 million in ebooks price-fixing case

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if its appeal of a 2013 court ruling that found the company guilty of antitrust violations is dismissed, said class-action law firm Hagens Berman Sobol Shapiro, which is representing ebook customers in 19 states and four U.S. territories. If the U.S. Court of Appeals for the Second Circuit reverses and remands the case back to district court, the settlement agreement calls for Apple to pay consumers $50 million to settle their claims, the law firm said. The U.S. Department of Justice and several state attorneys general would be free to continue pressing their claims if that happens, the law firm said Wednesday.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2014-07-16 00:00:00 UTC ]
News tagged with: #$400 million #law firm #class-action lawsuit

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Amazon misrepresents Orwell and takes on Disney, as the pricing war intensifies (+video)

In a statement about its dispute with publisher Hachette, Amazon cited '1984' author George Orwell – while failing to understand the author's words, critics charged. Meanwhile, Amazon appears to be entering into a dispute with Disney. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-08-12 00:00:00 UTC ]
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Amazon misrepresents Orwell and takes on Disney, as the pricing war intensifies

In a statement about its dispute with publisher Hachette, Amazon cited '1984' author George Orwell – while failing to understand the author's words, critics charged. Meanwhile, Amazon appears to be entering into a dispute with Disney. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-08-12 00:00:00 UTC ]
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Amazon Blocks Captain America, Muppets in Price War With Disney

Amazon.com is taking on Walt Disney Co. and its superheroes in its quest to gain more control over pricing online.Amazon blocked pre-orders of Disney's summer hit movie "Captain America: The Winter Soldier" and other titles in disk form, repeating a tactic used in recent disputes with book... Continue reading at Advertising Age

[ Advertising Age | 2014-08-11 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, August 3, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended August 3, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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How Minecraft has bewitched 40 million of us

The worldwide domination of Markus Persson's building-blocks game is a triumph for the power of human imaginationA funny thing happened on the way to this column. Browsing idly through the Publishers Weekly site, I came on the list of the Nielsen bestselling books of 2014 (so far) in the US. The... Continue reading at The Guardian

[ The Guardian | 2014-08-03 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, July 27, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended July 27, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-01 00:00:00 UTC ]
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Court Grants Preliminary Approval to Apple Settlement

As expected, Judge Denise Cote granted preliminary approval to a deal that would settle money damages arising from Apple’s ebook price-fixing case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-01 00:00:00 UTC ]
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InDesign CC 2014 review: Better ebook tools, easier workflows

In reviews of previous versions of InDesign, the looming question was always, “Is this version worth the cost of the upgrade or can I skip it?” But with Adobe’s switch to the Creative Cloud subscription model, this question is meaningless. Every subscriber receives the latest version as soon as... Continue reading at PC World

[ PC World | 2014-07-31 00:00:00 UTC ]
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Lagardere reports hit to Hachette US ebook sales

Hachette Book Group's ebook sales declined in the first half of 2014, and the impact of the... Continue reading at The Bookseller

[ The Bookseller | 2014-07-31 00:00:00 UTC ]
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Apple Settlement Won’t Be Modified

The parties in the Apple settlement indicated that they would not be modifying the agreement, after a hearing last week in which Judge Cote expressed concerns with the deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-31 00:00:00 UTC ]
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Amazon says $9.99 ebooks will boost revenue, including for Hachette

Amazon.com believes that pricing ebooks at US$9.99 will boost sales by over 74 percent as the books are highly price-elastic.If customers would buy 100,000 copies of a particular ebook at $14.99, then they would buy 174,000 copies of the same ebook at $9.99, boosting total revenue to $1.7... Continue reading at PC World

[ PC World | 2014-07-30 00:00:00 UTC ]
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Amazon runs the numbers to convince you that ebooks should be cheaper

After unsuccessfully trying to charm authors, Amazon is now appealing to its customers during the ongoing war with Hachette. The retailer has revealed the reasons behind the spat, i.e. cheaper ebook prices, and the noble intentions behind it. Using... Continue reading at Engadget

[ Engadget | 2014-07-30 00:00:00 UTC ]
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Why We Oppose Do Not Track and How to Fix It

The industry conversation about data tracking and collection practices generally keeps to a dull roar, but recently, with the World Wide Web Consortium (W3C) working to push its "Do Not Track" (DNT) specification to final adoption, the volume has picked up. Adding heat but no light, Jason Kint,... Continue reading at Advertising Age

[ Advertising Age | 2014-07-25 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, July 20, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended July 20, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-25 00:00:00 UTC ]
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Native-Ad Metrics Startup Simple Reach Raises $9 Million

SimpleReach, a company that provides publishers like The New York Times and Forbes with measurement and distribution tools for their native ad programs, has raised $9 million in its first big round of financing, the company said Tuesday. With the new series A funds, SimpleReach plans to invest... Continue reading at Advertising Age

[ Advertising Age | 2014-07-22 00:00:00 UTC ]
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Native-Ad Metrics Startup SimpleReach Raises $9 Million

SimpleReach, a company that provides publishers like The New York Times and Forbes with measurement and distribution tools for their native ad programs, has raised $9 million in its first big round of financing, the company said Tuesday. With the new series A funds, SimpleReach plans to invest... Continue reading at Advertising Age

[ Advertising Age | 2014-07-22 00:00:00 UTC ]
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Dutch courts lets ebook reseller stay online

Dutch publishers have failed in their efforts to immediately close down ebook reselling site Tom Kabinet.The Amsterdam District Court ruled Monday that the reseller can stay in business, after the Dutch Publishers Association (DPA) filed a preliminary case at the beginning of July to urgently... Continue reading at PC World

[ PC World | 2014-07-21 00:00:00 UTC ]
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Amazon buyers prefer DRM-free ebooks, study claims

The big publishers lock down their ebooks to their own detriment, according to a new study. Continue reading at PC World

[ PC World | 2014-07-21 00:00:00 UTC ]
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Amazon launches Kindle Unlimited ebook service

Amazon.com Inc. on Friday introduced Kindle Unlimited, an all-you-can-read ebook subscription service available for $9.99 a month. Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-07-19 00:00:00 UTC ]
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What’s Next for the Apple Settlement?

Attorneys last week submitted the details of an agreement that, if approved, would settle the damages phase of Apple’s ebook price-fixing case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-18 00:00:00 UTC ]
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