A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400 million to consumers who bought certain books between 2010 and 2012, as well as $50 million in attorneys’ fees. Although the settlement is final, Apple only has to pay that amount if it loses its appeal of a 2013 price-fixing ruling. If the appeal is successful, Apple will pay only $50 million to ebook purchasers and $20 million to attorneys. A hearing on the appeal is scheduled for Dec. 15 in Manhattan. Lawyers for the ebook buyers have said they “strongly believe” that Apple’s appeal won’t be successful.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2014-11-22 00:00:00 UTC ]
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The U.S. government has sided with monopoly rather than competition in bringing a case of ebook price-fixing against Apple, the company said in a filing on... Continue reading at PC World
[ PC World | 2012-05-24 00:00:00 UTC ]
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In its interim statement for its fiscal half-year ending March 2012, enthusiast publisher Future plc is reporting a quickly growing digital operation. Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-24 00:00:00 UTC ]
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Long form digital journalism publisher and app developer The Atavist secured a round of funding worth $1.5 million. The first million was confirmed last week, while founder Evan Ratliff says the rest is committed and “will happen over the coming weeks.” Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-22 00:00:00 UTC ]
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The Waterstones decision to sell Amazon Kindles and ebooks has provoked widespread discussion in... Continue reading at The Bookseller
[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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E-books accounted for 9% of Bloomsbury's adult trade sales overall across the 12 months to... Continue reading at The Bookseller
[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Plain, ordinary text files aren’t normally the most interesting ways to convey information, but if you’d like to change that then Toolwiz FlipBook may be able to help. Just point the program at a particular TXT file, and in a click it’ll be converted into an executable file. And launching this... Continue reading at Betanews
[ Betanews | 2012-05-18 00:00:00 UTC ]
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Faber is releasing its first ebook-only edition of a screenplay, for the forthcoming film "... Continue reading at The Bookseller
[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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Kobo is to join the ranks of physical and online booksellers licensed by Pottermore to sell Harry... Continue reading at The Bookseller
[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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The complaint says that Jobs was enlisted to sell high-ranking officials in the publisher’s parent company on the wisdom of the proposed pricing scheme. Continue reading at PC World
[ PC World | 2012-05-15 00:00:00 UTC ]
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Amazon will never run out of copies of Harry Potter ebooks from its Lending Library. Thanks to a new agreement with Pottermore, on June 19th the entire seven-book collection will be among the 140,000 plus you can grab, provided, of course, that you're an Amazon Prime member. If you've forked... Continue reading at Engadget
[ Engadget | 2012-05-11 00:00:00 UTC ]
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The Harry Potter ebooks are to be made available to borrow as part of the Kindle Owners'... Continue reading at The Bookseller
[ The Bookseller | 2012-05-10 00:00:00 UTC ]
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Hachette Livre has today (4th May) reduced the retail prices of ebooks to the level of the... Continue reading at The Bookseller
[ The Bookseller | 2012-05-04 00:00:00 UTC ]
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The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller
[ The Bookseller | 2012-05-04 00:00:00 UTC ]
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All hail the ebook! Seriously, if it weren't for this marvelous literary development, try saying with a straight face that you wouldn't at least take pause before adding a new title to your collection. Numbers are in from The Publisher's Association -- a group of 120 companies across the trade... Continue reading at Engadget
[ Engadget | 2012-05-02 00:00:00 UTC ]
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From time to time, we see movie studio Warner Bros. bring forth ways to give its oldies-but-goodies a longer life span. On this occasion, Warner's launching a novel eBook series titled "Inside the Script." The new release will give movie buffs a deeper look into a handful of the studio's films,... Continue reading at Engadget
[ Engadget | 2012-05-02 00:00:00 UTC ]
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The Justice Department's antitrust suit over eBook price fixing has is as deeply befuddling as it is important to the future of publishing. Continue reading at The Atlantic
[ The Atlantic | 2012-05-01 00:00:00 UTC ]
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After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a... Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
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Faber is releasing a series of six short ebooks, called Faber Forty-Fives, which each draw... Continue reading at The Bookseller
[ The Bookseller | 2012-05-01 00:00:00 UTC ]
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Microsoft and Barnes & Noble are announcing a new partnership to develop and sell educational ebooks on the Nook e-reader. Microsoft is investing $300 million in the subsidiary, while B&N will own the remaining 82 percent of it. (The new operation is being provisionally called "Newco,"... Continue reading at Fast Company
[ Fast Company | 2012-04-30 00:00:00 UTC ]
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Microsoft invests $300m in Barnes and Noble's digital business, providing a boost to the Nook ebook reader. Continue reading at BBC World
[ BBC World | 2012-04-30 00:00:00 UTC ]
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