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 ]
In a move that could reshape the publishing industry, a federal judge has approved a settlement with three of the nation's largest book publishers over alleged collusion in the pricing of ebooks. Continue reading at AllThingsD
[ AllThingsD | 2012-09-07 00:00:00 UTC ]
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Three book publishers will pay more than US$69 million to U.S. states to settle charges they collaborated to fix prices of ebooks. Continue reading at PC World
[ PC World | 2012-08-30 00:00:00 UTC ]
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For serial entrepreneur John Ossenmacher, cofounder, president, and CEO of ReDigi, which bills itself as “the world’s first pre-owned digital marketplace,” the copyright infringement case filed by Capitol Records in U.S. District Court in Manhattan at the start of the year to shut it down is... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-07-27 00:00:00 UTC ]
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A federal judge on Tuesday denied Apple and several major book publishers’ motions to dismiss a class-action lawsuit that accuses the companies of conspiring to control the price of ebooks. In denying the request, Judge Denise Cote of the ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-05-16 00:00:00 UTC ]
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The 3-D animated film, based on a 1971 book by Dr. Seuss, could debut with as much as $50 million at the box office this weekend."Dr. Seuss' the Lorax" is primed to rake in lots of green at the box office this weekend. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-02 00:00:00 UTC ]
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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 ]
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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 ]
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Google may seek help from Congress as it tries to salvage a book publishing settlement that was rejected by a federal judge. Continue reading at The New York Times
[ The New York Times | 2011-03-24 00:00:00 UTC ]
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