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

Other Publishing stories related to: 'Apple agrees to pay up to $400 million in ebooks price-fixing case'


Food and Tech Startup Investments Pay Off for HCP

Harvard Common Press is augmenting its publishing efforts with investments in culinary and tech startups, as well as establishing a co-working space, the Food Loft, in Boston. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing efforts #co-working space


Government: 'no scope to change 20% VAT rate on ebooks'

There is “no scope” to change the 20% VAT rate on ebooks, the UK government said... Continue reading at The Bookseller

[ The Bookseller | 2014-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk government


Harman: UK can 'pay its way in the world' through literature

People who create content need to be protected, Harriet Harman told The Publishers Association... Continue reading at The Bookseller

[ The Bookseller | 2014-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #create content #publishers association


Oyster, the Netflix of ebooks, now offers more than 500,000 titles

Oyster, an iPhone and iPad app that gives users unlimited access to its catalog of ebooks for $9.95 per month, announced that it now has more than 500,000 titles available on its service. The New York start-up launched to much acclaim last September, hailed as the Netflix of ebooks. But... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ipad app #york start-


Charges Led to $3.4 Million Loss at Courier

Three one-time expenses contributed to a loss of $3.4 million at Courier Corp. in the second quarter ended March 29, 2014 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #courier corp


Pretrial Schedule Proposed in Author Solutions Case

The parties have submitted a proposed pretrial schedule that would likely not have fraud claims against the self-publishing service provider ready for trial until after 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fraud claims


BookBub Raises $3.8 Million

BookBub, a daily deal site for ebooks, announced it has raised $3.8 million in Series A funding, the first external capital secured by the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-01 00:00:00 UTC ]
More news stories like this |


Cornerstone to publish Mockingbird ebook

To Kill a Mockingbird (William Heinemann) is to be published as an ebook for the first time by... Continue reading at The Bookseller

[ The Bookseller | 2014-04-28 00:00:00 UTC ]
More news stories like this |


Apple Wins Temporary Stay from Second Circuit

The Second Circuit has issued an administrative stay while a three-judge panel reviews Judge Denise Cote’s decision to proceed with the damages phase of Apple's ebook price-fixing case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #damages phase


Green Apple Books: PW Bookstore of the Year

Twenty years ago, if someone had told Pete Mulvihill, Kevin Ryan, and Kevin Hunsanger that they would one day own Green Apple Books, the store where they then worked, all three of them would have been “gob-smacked”—much like their reaction last month when they were told that their San Francisco... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pw bookstore


Update: No film deal agreed for Harry Quebert Affair

Joel Dicker and his French publisher have denied that The Truth About the Harry Quebert Affair (... Continue reading at The Bookseller

[ The Bookseller | 2014-04-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #joel dicker #french publisher


Apple Denied a Stay; Trial to Remain in New York

In separate orders this week, the court denied Apple’s request for a stay of all proceedings pending appeal, as well as its bid to have the damages trial moved from New York. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple denied


Frequent library visits equates to £1,359 pay rise

Going to the library frequently is the same as getting a pay rise of £1,359 a year,... Continue reading at The Bookseller

[ The Bookseller | 2014-04-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pay rise


Book Industry Weighs in on Key Free Speech Case

A coalition of publishers, booksellers and libraries argue that pre-enforcement challenges are "a critical tool for protecting free speech." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-22 00:00:00 UTC ]
More news stories like this |


Fox Chapel Buys 1,400 New Holland Titles

Fox Chapel Publishing has bought rights to 1,400 books from New Holland Publishers U.K. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bought rights #holland publishers


NEA Awards $1.4 Million in Lit Grants

The National Endowment for the Arts plans to award $1.42 million to 56 U.S. literature nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #national endowment


Apple Loses Another E-book Decision

Judge Denise Cote yesterday rejected Apple’s November 2013 motion to dismiss the states’ class action claims for lack of standing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple loses #e-book decision


Green Apple to Open Second SF Store

PW 2014 Bookstore of the Year will open its second location in 15 years and return to Ninth Avenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #green apple


New Schedule Set for Apple Damages Trial

It is official: Apple’s tentatively scheduled May damages trial has been moved to July. In an order filed yesterday, Judge Denise Cote set out a new schedule for the parties, culminating with a July 14 trial. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #damages trial


Multi-million-pound digital learning launch for Blackwell's

Blackwell’s unveiled a new “multi-million-pound” digital learning service for... Continue reading at The Bookseller

[ The Bookseller | 2014-04-08 00:00:00 UTC ]
More news stories like this |