Apple To Pay $450 Million In Settlement For Price Fixing E-Books

A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing ebook prices with publishers.Apple's last-ditch attempt to avoid paying $450 million to ebook buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in Manhattan voted 2-1 on Tuesday not to overturn a July 2013 ruling that found Apple had fixed ebook prices in collusion with five major publishing houses.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2015-06-30 00:00:00 UTC ]
News tagged with: #last-ditch attempt #ebook buyers #circuit court

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PRH Opts to Publish $65 Million Obama Books Globally

The pair of books that Penguin Random House recently bought by Barack and Michelle Obama, for a reported $65 million, will be released globally by the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-13 00:00:00 UTC ]
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The Obamas' Book Deals Spark $65 Million Mystery

If Penguin Random House really spent the rumored $65 million to acquire books by the former president and first lady, Barack and Michelle Obama, how could the publisher recoup its outlay? It might not be that hard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
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Brexit forces Microsoft to push up Surface Book price by £150

The UK's decision to leave the European Union continues to hit the pockets of consumers. The latest victim of Brexit is Microsoft's Surface Book, with every model in the range hit with a £150 price hike. While not a direct response to the Brexit vote itself, the resulting drop in the value of... Continue reading at Betanews

[ Betanews | 2017-02-15 00:00:00 UTC ]
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Facebook must pay $500 million in damages in Oculus intellectual property case

Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
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Barack Obama book deal for presidential memoirs expected to top $27 million

A book deal for the memoirs of former US president Barack Obama is expected to set a record, with a price tag as high as US$20 million (NZ$27.6 million). Continue reading at Stuff

[ Stuff | 2017-01-27 00:00:00 UTC ]
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Amazon and Apple end exclusive deal on audio books

Apple and Amazon have ended a deal that tied them into an exclusive contract for the supply and sale of audio books. Continue reading at BBC World

[ BBC World | 2017-01-20 00:00:00 UTC ]
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European Book Publishing 2015 Statistics: 22 Million Titles in Stock

Citing a market value estimated at €36 billion to €38 billion, the European book publishing statistics report from FEP counts 575,000 titles published. The post European Book Publishing 2015 Statistics: 22 Million Titles in Stock appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-12-07 00:00:00 UTC ]
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More than 1.8 million teens are reading books by text messages thanks to this startup

OK, it's not exactly Dickens. But how about a great story delivered to you by text message? Continue reading at Stuff

[ Stuff | 2016-12-05 00:00:00 UTC ]
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Is Apple crazy to sell a $300 hardcover photo book? Not at all

Last month, Apple unveiled new MacBook Pro laptops. While the machines were undoubtedly great, their prices were very high -- even for Apple. Despite the cost, they are apparently flying off virtual shelves, as shipping dates are now in late December. In other words, price be damned, people will... Continue reading at Betanews

[ Betanews | 2016-11-15 00:00:00 UTC ]
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Apple's newest product is a $300 photo book

"Designed by Apple in California" is a new book that commemorates 20 years of Apple design. Continue reading at PC World

[ PC World | 2016-11-15 00:00:00 UTC ]
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Sharjah Book Fair Draws 1.3 Million Visitors in First Week

The Sharjah International Book Fair (SIBF), which runs November 2-12, drew 1.35 million visitors in its first week, a record turnout according to fair officials. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-11 00:00:00 UTC ]
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B&N Pays Boire $4.8 Million in Separation Agreement

Barnes & Noble has reached an agreement with its former CEO Ron Boire, who was abruptly fired in August, in which it will pay him nearly $5 million in exchange for his dropping all claims against the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-01 00:00:00 UTC ]
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George RR Martin and Apple announce interactive Game of Thrones books collaboration

A Game of Thrones: Enhanced Edition, available through Apple from Thursday, promises ‘a world of additional content’ including sigils, family trees and glossariesGeorge RR Martin has hailed “an amazing next step in the world of books” as he announced publication of a new digital edition of A... Continue reading at The Guardian

[ The Guardian | 2016-09-29 00:00:00 UTC ]
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Bin Laden book author to pay US government $7m

The author of a book about the raid that killed Osama Bin Laden is to pay almost $7m (£5m) to the US government for violating non-disclosure agreements, according to the BBC. Continue reading at The Bookseller

[ The Bookseller | 2016-08-23 00:00:00 UTC ]
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Eighth Harry Potter book surpasses one million copies sold in first fortnight

Harry Potter and the Cursed Child (Little, Brown) has once again taken the Official Top 50 number one spot, with 168,389 copies sold for £1.86m in its second week on sale. Continue reading at The Bookseller

[ The Bookseller | 2016-08-17 00:00:00 UTC ]
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Bonnier Publishing Plans $100 Million U.S. Book Division

Bonnier Publishing, the English-language book publishing division of Sweden’s Bonnier Group, has formed Bonnier Publishing USA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
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Facebook Pays Publishers Over $50 Million to Start Using Live Video

Company signs over $50 million in deals with 140 companies and celebrities for Facebook Live content. The post Facebook Pays Publishers Over $50 Million to Start Using Live Video appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-23 00:00:00 UTC ]
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Check your Amazon account for free credit as Apple coughs up in ebook lawsuit settlement

Following a court ruling that it was involved in ebook price-fixing with five publishers, Apple has started the process of paying back $400m in refunds. Despite agreeing to pay out the thick end of half a billion dollars, Apple denies doing anything wrong. Interestingly, the payouts will not... Continue reading at Betanews

[ Betanews | 2016-06-22 00:00:00 UTC ]
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Your iBooks price fixing credit is on its way

Don't fret about your piece of Apple's ebook price fixing settlement -- the check is in the mail, virtually speaking. The attorneys behind the class action lawsuit have revealed that digital credits from the case will start reaching book buyers fro... Continue reading at Engadget

[ Engadget | 2016-06-21 00:00:00 UTC ]
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Apple E-book Refunds to Begin June 21

The $400 million in refunds due following Apple ebook price-fixing settlement will begin flowing into customer accounts on June 21—with refunds for New York Times bestsellers approaching $7 per purchase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-20 00:00:00 UTC ]
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