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'


Beverly House listed for sale at $135 million

The Beverly House was the onetime residence of publishing magnate William Randolph Hearst and actress Marion Davies. Jacqueline and John F. Kennedy honeymooned there.No sooner did the mansion known as Fleur de Lys sell this week for a record-breaking $102 million than another L.A. estate hit the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$135 million


London Book Fair 2014: Making Digital Pay at Cenveo Publisher Services

For Cenveo Publisher Services, 2014 is the year digital strategies must deliver in terms of profits for its publisher clients. Continue reading at Publishers Weekly

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


Waterstone 'predicts ebook decline'

Tim Waterstone, the founder of the Waterstone's book shop chain, predicts that the "ebook revolution" will soon go into decline in the UK. Continue reading at BBC World

[ BBC World | 2014-03-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tim waterstone #ebook revolution


Half Price Books hosts a Tournament of Sidekicks March Madness-style

The tournament is currently down to 16 contenders, with everyone from Ron Weasley of 'Harry Potter' fame to Winnie the Pooh's friend Piglet still in the running. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-03-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ron weasley #harry potter


Canadian Judge Reveals Reasons for Suspending E-pricing Agreement

Kobo's arguments against a Canadian ebook pricing consent agreement convinced judge to put the agreement on hold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-28 00:00:00 UTC ]
More news stories like this |


Kobo Inks Deals with Nickelodeon, Blue Apple Books

In separate announcements, Nickelodeon Publishing and Blue Apple Books reached agreements to make their children’s titles available for sale through ebook retailer Kobo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-28 00:00:00 UTC ]
More news stories like this |


Green Apple Named PW Bookstore of the Year

The 47-year-old San Francisco store behind California Bookstore Day is this year's winner. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-28 00:00:00 UTC ]
More news stories like this |


Humanoids Debuts Comics App for Apple and Android

Humanoids, the famed French comics house now based in Los Angeles, has released the Humanoids Comics app for iOS and Android. The app offers retail access to more than 60 Humanoids titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-27 00:00:00 UTC ]
More news stories like this |


Apple, Publishers Battle New E-book Antitrust Claims

Two new suits were filed this month against Apple and the five major publishers involved in a 2010 ebook price-fixing conspiracy, raising the possibility of a new ebook antitrust battle involving aggrieved retailers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers battle


Amazon's customers get credits from ebook antitrust settlement

Customers of Amazon.com Inc. found credits in their inboxes Tuesday from the settlement of an antitrust lawsuit over ebook prices. Amazon, in a Customer FAQ posting on its website, said the credits are partial refunds and will be applied automatically to the accounts of those eligible: people... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #antitrust lawsuit #ebook prices #simon schuster #publishers agreed


NY AG says ebook buyers getting credits

New York's attorney general says buyers of electronic books will get account credits this week from five publishers from settlements reached after 33 states sued in federal court alleging they... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook buyers #attorney general #electronic books


8 Ways Oyster Books Can Rule the Ebook Subscription Market

In the six months since its debut, the $14 million Oyster ebook subscription platform has yet to take off. What's lacking? What could be improved? We advise. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-25 00:00:00 UTC ]
More news stories like this |


Tax change for music and ebooks

The UK government is bringing in new laws that will mean some downloads become subject to UK tax rates. Continue reading at BBC News

[ BBC News | 2014-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk government


PRH/Santillana Merger Threatens Digital Shake Up in Brazil Ebook Sector

Penguin Random House Merger with Santillana will force the Brazilian operation to choose whether to stay or leave the powerful DLD digital distribution platform. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-21 00:00:00 UTC ]
More news stories like this |


Apple’s May Trial Date in Doubt

Citing numerous pending motions, a letter to the court from the class plaintiffs acknowledges that a May trial may be a stretch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-20 00:00:00 UTC ]
More news stories like this |


Correction: Open Road Not Liable for Millions in Damages

In an earlier version of our story on HarperCollins' victory in its copyright infringement suit against Open Road, we mistakenly put the damages as applying per copy, rather per work infringed. In fact, there is a single infringement infringement in this case, not multiple infringements per copy... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copy sold #open road #earlier version


Book Prices: Have Authors Lowballed Themselves?

This week Porter Anderson sets up an #EtherIssue discussion on the market implications of bargain-basement book prices and looks at Kobo's fight for Agency. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book prices


Apple: No Consent for Damages Trial in New York

In a reply brief filed late last week, Apple rejected claims that it consented to a damages trial in New York, or that its conduct represented a waiver of its right to have the trial moved. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #damages trial


“Self-Published Authors = 50% of the EBook Market by 2020″

Mark Coker, founder of Smashwords, has made the prediction that self-published books will account for 50% of ebook sales by 2020. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook market #mark coker #self-published books #ebook sales


Amazon Prime price jumps to $99 per year

Amazon is tacking $20 onto the price of its Amazon Prime service, bringing the yearly cost to $99.This is the first price hike for Amazon Prime since it was introduced nine years ago. The service originally included just free two-day shipping on most orders, but has since expanded to offer Prime... Continue reading at PC World

[ PC World | 2014-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon prime #price hike #kindle devices #existing members #higher rate