Apple DID conspire to inflate ebook prices, must pay $450 million

On the same day that Apple Music launched, Apple received some bad news from the 2nd U.S. Circuit Court of Appeals. In a 2 to 1 vote, judges ruled that the company did conspire with publishers to inflate the prices of ebooks sold through iBookstore, agreeing with a 2013 ruling. The judges found that Apple had violated federal antitrust law in coming to arrangements with five publishers, resulting in book prices jumping from $9.99 to between $12.99 and $14.99. Two years ago US District Judge Denise Cote said that Apple was "central" to a price-fixing conspiracy. The ruling having been… [Continue Reading] Continue reading at 'Betanews'

[ Betanews | 2015-06-30 00:00:00 UTC ]

Other news stories related to: "Apple DID conspire to inflate ebook prices, must pay $450 million"


BEA 2014: Good News, Bad News at Town Hall

What American Booksellers Association CEO Oren Teicher called Amazon's "bullying assault of a major publisher" was a key concern among indie booksellers at both Thursday afternoon's ABA Town Hall and Annual Meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this


Good News, Bad News, and the Future: Manga 2014

It’s 2014, and for North American manga publishers, the digital revolution is well underway. Where there once were only a handful of publishers offering their titles online or via ebook apps, now almost all of them are offering, or negotiating to offer at least some of their current and backlist... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-14 00:00:00 UTC ]
More news stories like this


Second Circuit Denies Apple's Monitor Appeal

A three-judge panel of the Second Circuit Court of Appeals has denied Apple a stay of its court-ordered external monitor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
More news stories like this


Appeals Court Issues Temporary Stay of Apple’s Monitor

The Second Circuit Court of Appeals granted Apple a temporary “administrative” stay while it reviews Judge Cote’s decision to deny Apple a stay of its external monitor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-22 00:00:00 UTC ]
More news stories like this


Bob Kohn Appeals Penguin, Macmillan E-Book Settlements

The fight goes on: RoyaltyShare founder Bob Kohn has appealed final approval of the Macmillan and Penguin ebook settlements to the Second Circuit Court of Appeals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-23 00:00:00 UTC ]
More news stories like this


‘A Mixed Blessing’

It is rare that an industry would see the declining growth rate of its fastest-growing product as anything but bad news. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-16 00:00:00 UTC ]
More news stories like this


More than half of American adults read books for pleasure in 2012

The good news: According to a new report from the National Endowment for the Arts, more than half of American adults read books for pleasure in 2012.The good news: According to a new report from the National Endowment for the Arts, more than half of American adults read books for pleasure in... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-09-30 00:00:00 UTC ]
More news stories like this


Barnes and Noble posts $119 million loss in Q4 2013, will partner with third party on future Nook tablets

Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a... Continue reading at Engadget

[ Engadget | 2013-06-25 00:00:00 UTC ]
More news stories like this


Growth in ebook sales slows in 2012

The number of ebooks sold last year grew by 43 percent, but that's a fairly small increase compared to the triple-digit increases of past years. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-05-16 00:00:00 UTC ]
More news stories like this


Gloomy Outlook Persists for Newspaper Publishers Torstar and Quebecor

(Reuters) - Canadian newspaper publishers Torstar Corp and Quebecor Inc delivered more bad news to investors on Wednesday, saying that cost cuts were failing to keep pace with an accelerating decline in print media revenue. Torstar sha ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-08 00:00:00 UTC ]
More news stories like this


Art Books' Future Now: Art & Photography Books 2013

Borders’s closure in 2011 served as a gloomy backdrop for the panel at the New York Public Library on February 12, “The Future of Art Book Publishing,” whose title carried a hint of bad news for catalogues and monographs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-24 00:00:00 UTC ]
More news stories like this


More Mixed Signals From Barnes & Noble

Barnes & Noble’s second-quarter financial performance had both good news and bad news. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-12-01 00:00:00 UTC ]
More news stories like this


Google Threatens French Media With Search Engine Ban

Yesterday will not be remembered as a great day in Google's history. As well as the vertiginous stock slide, which sliced 9% off its share value before trading was halted for a couple of hours, the search engine firm threatened war with the French media. L'horage dans le teacup is over a... Continue reading at Fast Company

[ Fast Company | 2012-10-19 00:00:00 UTC ]
More news stories like this


Why Books Are The Ultimate New Business Card

“You don’t understand,” the three-time, big-six published author told me. “Books aren’t designed for you, the customer. Today, non-fiction books are business cards--for speaking, consulting, and deals.” I was meeting this friend for dinner in New York City and had mentioned a trend I had... Continue reading at Fast Company

[ Fast Company | 2012-09-18 00:00:00 UTC ]
More news stories like this


Why Increased Competition for Marketing Spend is Bad News for Print Media

The newspaper business’s reliance on the industrial machine of printing and distributing is often understated. It’s a delicate ecosystem that can have a real effect on publisher margins – as the fluctuation in newsprint ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-24 00:00:00 UTC ]
More news stories like this


More ebooks sold than print books

Online retailer Amazon announces it sells more ebooks than hardbacks and paperbacks combined. Continue reading at BBC World

[ BBC World | 2012-08-06 00:00:00 UTC ]
More news stories like this


Apple's iBooks Author EULA is more and less evil than you think

There's a strange concept in marketing that no publicity is really bad. If people talk about you, it broadly raises brand awareness. People eventually forget the bad news but not the brand. Who remembers last year's furor over Apple's onerous publisher subscription terms? That's the eventual... Continue reading at Betanews

[ Betanews | 2012-01-23 00:00:00 UTC ]
More news stories like this


E-book price-fixing law passed in France

Written By: Barbara Casassus Publication Date: Wed, 18/05/2011 - 14:45 The French National Assembly yesterday (17th May) voted into law a bill allowing publishers to fix prices of all ebooks sold in France. The text says that retailers inside or outside France must respect the fixed prices.... Continue reading at The Bookseller

[ The Bookseller | 2011-05-18 00:00:00 UTC ]
More news stories like this


France faces battle over ebook pricing law

Written By: Barbara Casassus Publication Date: Thu, 05/05/2011 - 09:14 France is bracing for battle with the European Commission with its government on the verge of adopting a bill allowing publishers to fix prices for all ebooks sold in France. The bill, which was approved unanimously by an... Continue reading at The Bookseller

[ The Bookseller | 2011-05-05 00:00:00 UTC ]
More news stories like this