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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Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

[ AdWeek | 2020-07-22 14:00:38 UTC ]
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Author loses spot in Top 10 after buying 400 copies of his own book

Mark Dawson’s purchase pushed his thriller The Cleaner up the Sunday Times chart, but the sales monitor Nielsen has now revised its figuresAuthor Mark Dawson has lost his Top 10 position in the Sunday Times bestseller charts for his thriller The Cleaner after revealing that he bought 400 copies... Continue reading at The Guardian

[ The Guardian | 2020-07-22 11:24:02 UTC ]
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$3.5 Million in Grants Available for Nonprofit Publishers, Lit Orgs

The Andrew W. Mellon Foundation has provided $3.5 million to support the establishment of the Literary Arts Emergency Fund, which will support nonprofit literary publishers and organizations with $5,000-$50,000 emergency grants. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers

Martin Sorrell's S4 Capital proposed a new share offering today in hopes of raising $126 million (or 100 million euros) to further its expansion through mergers and acquisitions. The disclosure was made as part of S4 Capital's latest trading update where the company, which houses digital media... Continue reading at AdWeek

[ AdWeek | 2020-07-15 20:58:21 UTC ]
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Frankfurter Buchmesse Announces €4 Million German Federal Grant

Stand fees will be reduced by up to 50 percent and digital development will be supported by funds from Germany's 'Neustart Kultur' stimulus package. The post Frankfurter Buchmesse Announces €4 Million German Federal Grant appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-10 11:29:18 UTC ]
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Canada Could Be Next in Challenging Google to Pay Publishers | News & Notes

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[ Folio Magazine | 2020-07-08 17:40:51 UTC ]
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In Lieu of the Olympics: A Reading List For Your Sports Fix

With the Olympics postponed, you might be missing your sports fix. In case you need a taste of the thrill of victory and agony of defeat, I’ve compiled a collection of sports books to read this summer while we wait for news about the Tokyo Games. Instead of a torch, light a candle and let […] Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-08 08:48:16 UTC ]
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Education technology firms merge to form Boca Raton-based company with 1,400 employees

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[ Silicon Valley Business Journal | 2020-07-07 18:29:21 UTC ]
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Hachette tracks uplift in BAME staff numbers but pay gap widens

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[ The Bookseller | 2020-07-06 04:28:27 UTC ]
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‘I Saw a Peacock’: The 400 Year-Old Nonsense Poem

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[ Interesting Literature | 2020-07-03 14:00:44 UTC ]
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Trump had superficial, transactional view of Meng extradition case, Bolton tells CBC Radio

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[ CBC | 2020-06-26 16:55:49 UTC ]
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6 Free Children’s Ebooks on the Coronavirus

Give the little ones some tools to better understand this unprecedented event with these free children's books about coronavirus. Continue reading at Book Riot

[ Book Riot | 2020-06-24 10:37:25 UTC ]
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6 Free Children’s Ebooks on the Coronavirus

Give the little ones some tools to better understand this unprecedented event with these free children's books about coronavirus. Continue reading at Book Riot

[ Book Riot | 2020-06-24 10:37:25 UTC ]
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How The Local’s Nine News Sites Tweaked Their Way to 11,000 New Paying Members During the Pandemic

Digital publisher The Local quickly became a focal point for English speakers across Europe when cases of the coronavirus were Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-17 19:30:22 UTC ]
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Publishing ‘treats pay like a dirty word’, say industry staffers

Publishing staffers have spoken out on low pay and poor transparency on salaries in the industry.   Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 02:56:57 UTC ]
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Apple plans to shut down iBooks Author and iTunes U

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[ Engadget | 2020-06-10 19:05:29 UTC ]
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NEA Awards $1.4 Million to Literary Organizations

The National Endowment for the Arts announced $84 million in grants for 1,144 projects, including 62 for literary arts organizations, worth a total of $1.4 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-10 04:00:00 UTC ]
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Indie bookstore Tattered Cover thinks speaking out is “a slippery slope.” Twitter does not agree.

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[ Literrary Hub | 2020-06-08 13:56:08 UTC ]
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[ Book Riot | 2020-06-04 18:15:44 UTC ]
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