E-book firms need to make changes to settle probe

(Bloomberg) - News Corp.'s HarperCollins and four other publishers probed by European Union need to address regulatory concerns before they can settle the antitrust case, the European Union's competition commissioner said. Joaquin Almunia, the antitrust chief, told reporters Monday that a settlement was only possible if the publishers were “ready to remove” the cause of European Union objections regarding sales restrictions. No talks on a settlement are currently taking place, he said. The European Commission last year opened an investigation into Apple Inc.'s deals with ebook publishers HarperCollins, Lagardere SCA's Hachette Livre, CBS Corp.'s Simon & Schuster Inc., Pearson Plc's Penguin and Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan division that may restrict sales. The U.S. Justice Department is discussing a possible settlement with some companies involved in its probe of Apple and publishers over ebooks prices, according to a person familiar with the matter last week. The investigation is important to regulators “because the ebooks market is growing very fast and we have an interest to avoid collusive practices,” Mr. Almunia said. Continue reading at 'Crains New York'

[ Crains New York | 2012-03-12 00:00:00 UTC ]

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Barnes & Noble Hacked In 63 Branches

Barnes & Noble has suffered a serious security breach in 63 of its shops. Payment readers were fitted with a bug, which has harvested details of customers' credit cards. The firm discovered the breach over six weeks ago, but has kept the matter quiet at the behest of the Justice Department,... Continue reading at Fast Company

[ Fast Company | 2012-10-25 00:00:00 UTC ]
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New Alderson plus film deal for S&S

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[ The Bookseller | 2012-10-12 00:00:00 UTC ]
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Sophie McKenzie signs six-figure deal with S&S

Sophie McKenzie has signed world rights for two teen novels with Simon & Schuster in a six-... Continue reading at The Bookseller

[ The Bookseller | 2012-10-11 00:00:00 UTC ]
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Google, Association of American Publishers strike deal over book digitization

The Association of American Publishers (AAP) and Google today announced an agreement that marks the end of nearly seven years of litigation, kicked off in 2005, when five members of the organization filed an infringement suit against the online giant. The deal helps bring digitized books and... Continue reading at Engadget

[ Engadget | 2012-10-04 00:00:00 UTC ]
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WHS Children's Christmas Book Club launches

Egmont, Simon & Schuster and Templar Publishing have all landed two titles on the W H Smith... Continue reading at The Bookseller

[ The Bookseller | 2012-10-01 00:00:00 UTC ]
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E-book discounts appearing at Amazon following publisher settlement

Wow. Judge Denise Cote certainly knows how to put a spring in the step of mega corporations. Mere days have passed since she ordered HarperCollins to let retailers to set their own ebook prices, and yet already Kindle bestsellers from that publisher are selling for around $9.99 -- in some cases... Continue reading at Engadget

[ Engadget | 2012-09-11 00:00:00 UTC ]
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After the DoJ Settlement

On September 5, federal judge Denise Cote approved a deal between the Department of Justice and three publishers (Hachette, HarperCollins, and Simon & Schuster) to settle claims of ebook price fixing. What happens now? Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-09-07 00:00:00 UTC ]
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Judge approves settlement for Hachette, Simon & Schuster and HarperCollins in ebook lawsuit

It's a big day in the world of ebooks, and not just for the crew at Amazon. Today, Judge Denise Cote approved settlement terms for three of the publishers accused by the Justice Department of price fixing. Hachette Book Group, Simon & Schuster and HarperCollins each agreed to settle with the... Continue reading at Engadget

[ Engadget | 2012-09-07 00:00:00 UTC ]
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EU investigation: publishers 'concede ebook discounts'

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[ The Bookseller | 2012-08-31 00:00:00 UTC ]
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E-book price-fixing: three publishers agree to pay $69 million to consumers

Hachette Book Group, HarperCollins, and Simon & Schuster say they will pay consumers to settle claims they conspired to fix ebook prices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-08-31 00:00:00 UTC ]
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US publishers face $69m payout for price-fixing

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[ The Bookseller | 2012-08-30 00:00:00 UTC ]
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States reach $69 million settlement with three publishers in ebook price fixing case

When the US Department of Justice sued Apple and five major book publishers over alleged ebook price rigging, it immediately became clear that a few of these companies would do just about anything to avoid trial. That same day, three of the publishers -- HarperCollins, Simon & Schuster and... Continue reading at Engadget

[ Engadget | 2012-08-30 00:00:00 UTC ]
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Agency lawsuit hits S&S profits

  Simon & Schuster's sales rose 3% year-on-year to $189m in the second quarter... Continue reading at The Bookseller

[ The Bookseller | 2012-08-03 00:00:00 UTC ]
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Short Books teams up with S&S US

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[ The Bookseller | 2012-07-30 00:00:00 UTC ]
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Atria Inks Co-Pub Deal with U.K.’s Short Books

Simon & Schuster’s Atria imprint has teamed up with British independent publisher Short Books to start a new imprint called Marble Arch Press. The imprint—the name refers to the famous London landmark near Hyde Park—will premiere in fall 2012, releasing (in the U.S. and Canada) roughly 12... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-07-27 00:00:00 UTC ]
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Senator Schumer sides with Apple and publishers in ebook price fixing case

A prominent Senate Democrat sided with Apple this week, and called on the Justice Department to drop its ebook lawsuit against the Cupertino, Calif. company. Sen. Charles Schumer (D-N.Y.) wrote in an opinion piece that appeared in the Wednesday edition of the Wall Street Journal that a victory... Continue reading at Betanews

[ Betanews | 2012-07-20 00:00:00 UTC ]
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Nadifa Mohamed to S&S

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[ The Bookseller | 2012-07-20 00:00:00 UTC ]
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Rhea Halford leaves S&S

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[ The Bookseller | 2012-07-17 00:00:00 UTC ]
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S&S snaps up self-published McGuire

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[ The Bookseller | 2012-07-12 00:00:00 UTC ]
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News Corp. board approves split

News Corp.'s board of directors voted late Wednesday night in favor of a proposal that would separate the media conglomerate's publishing assets from the rest of its entertainment holdings, according to a person familiar with the situation. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-06-28 00:00:00 UTC ]
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