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 Hachette -- elected to settle with the DoJ. Now, those same three publishers have reached an agreement in 49 states (all but Minnesota), wherein consumers will receive a combined $69 million in compensation. Specifically, the payout applies to people who bought agency-priced ebooks between April 1, 2010 and May 21, 2012. Interestingly, the payout includes folks who bought ebooks from Macmillan and Penguin, even though those two publishers aren't settling. As for making sure people get paid, Amazon, Barnes & Noble, Google, Sony, Apple and Kobo have agreed to identify and contact affected customers. According to ABC News, most of these retailers will give customers the option of receiving a check or a credit toward future purchases. Sony, meanwhile, will automatically issue checks, while Google will direct customers to an online submission form where they can file a claim. Whatever the method, payments are expected to begin 30 days after the settlement is approved. The DoJ settlement, which is separate from the agreement with the 49 states, is still awaiting clearance.States reach $69 million settlement with three publishers in ebook price fixing case originally appeared on... Continue reading at 'Engadget'

[ Engadget | 2012-08-30 00:00:00 UTC ]

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Moonves departs S&S parent company CBS Corporation

Leslie Moonves has stepped down from his role as chairman and c.e.o. of CBS Corporation, parent company of Simon & Schuster, weeks after allegations of sexual misconduct were published in the media. Continue reading at The Bookseller

[ The Bookseller | 2018-09-11 00:00:00 UTC ]
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Barnes & Noble Stock Jumps After Investor Ups Stake

After reporting disappointing Q1 results on Thursday, Barnes & Noble saw its stock price jump on Friday following a new investment by Richard Schottenfeld, the head of an eponymous investment firm that took a 5.58% stake in the book chain in July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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Simon & Schuster’s Woodward Book on Trump Racks Up Rights Sales Ahead of Its Release

Days before it goes on sale, Bob Woodward's new book from Simon & Schuster tops retail listings, buoyed by an op-ed from inside an embattled Trump White House, and making robust foreign rights sales. The post Simon & Schuster’s Woodward Book on Trump Racks Up Rights Sales Ahead of Its... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-09-06 00:00:00 UTC ]
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Barnes & Noble plunges as bookseller's sales slide deepens

Barnes & Noble Inc. began its new fiscal year with disappointing results as the turnaround promised by its recently ousted chief proves elusive. Same-store sales at the book and gift seller slipped... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-09-06 00:00:00 UTC ]
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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Lawsuit reveals takeover bid for B&N by rival 'book retailer'

Barnes & Noble was on the cusp of being sold to another book retailer in June before the deal fell through, it has been revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Barnes & Noble’s Former CEO, Demos Parneros, Launches Lawsuit Against Bookseller

A late-summer standoff has flared with the US publishing industry's largest–and longest-struggling–brick-and-mortar retail chain. Its former CEO is suing for defamation. The company, in response, alleges sexual harassment. The post Barnes & Noble’s Former CEO, Demos Parneros, Launches... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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After his death, John McCain's last book climbs bestseller lists

John McCain's book “The Restless Wave” appeared on bestseller lists following the Arizona senator's death on Saturday. The book, which was released in May by Simon & Schuster, was ranked No. 2 on Amazon's list of bestselling books, and No. 3 on the Barnes & Noble website as of Monday... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-27 00:00:00 UTC ]
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S&S hits back at Trump lawyers' 'hollow' threats to sue

Simon & Schuster has hit back at legal threats from Donald Trump over his former aide Omarosa Manigault Newman's book, telling the American president's lawyers "at base, your letter is nothing more than an obvious attempt to silence legitimate criticism of the president". Continue reading at The Bookseller

[ The Bookseller | 2018-08-18 00:00:00 UTC ]
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Trump, Fighting Omarosa, Fixes His Gaze on S&S

Months after President Donald Trump's lawyers slapped Macmillan with a cease-and-desist letter in advance of the publication of Michael Wolff's 'Fire and Fury,' the president has done the same to Simon & Schuster and Omarosa Manigault Newman's 'Unhinged.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-17 00:00:00 UTC ]
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Trump Campaign Tries to Stop Omarosa Manigault Newman Book: Simon & Schuster Says No Way

In an echo of the efforts the Trump White House made in January to block Macmillan's 'Fire and Fury,' Simon & Schuster's counsel has rebuffed a Trump campaign attempt to stop 'Unhinged,' calling the Trump effort 'hollow legal threats.' The post Trump Campaign Tries to Stop Omarosa Manigault... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-17 00:00:00 UTC ]
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White leaves Waterstones for Simon & Schuster

Chris White is to leave his position as Waterstones’ fiction buyer after 14 years to move into publishing as a senior commissioning editor for Simon & Schuster imprint Scribner. Continue reading at The Bookseller

[ The Bookseller | 2018-08-16 00:00:00 UTC ]
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S&S sees second quarter profit and revenue rises

Simon & Schuster's revenue and operating income rose in the second quarter, helped by lower production costs. Continue reading at The Bookseller

[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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Reidy supports CBS head Moonves following sexual misconduct allegations

Simon & Schuster US president and c.e.o. Carolyn Reidy has spoken out in support of CBS head Leslie Moonves, following multiple allegations of sexual harassment levelled against him. Continue reading at The Bookseller

[ The Bookseller | 2018-08-01 00:00:00 UTC ]
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Richard and Judy recommend 200th novel with W H Smith

Simon & Schuster and Pan Macmillan have scored two titles each on the next Richard and Judy Book Club with W H Smith. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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Investment Group Acquires 5.7% Stake in B&N

The Schottenfeld Management Corp. has acquired over 4.1 million shares of Barnes & Noble and says in a filing that it has already talked to the retailer about actions it can take to improve shareholder value. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-24 00:00:00 UTC ]
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Industry Notes: Germany’s De Gruyter Buys Düsseldorf; S&S Distributes Skyhorse

The 10-year-old Düsseldorf University Press is acquired by Berlin's De Gruyter, while a US independent publisher of Mo Yan and Octavio Paz is to be distributed by Simon & Schuster.  The post Industry Notes: Germany’s De Gruyter Buys Düsseldorf; S&S Distributes Skyhorse appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-23 00:00:00 UTC ]
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B&N Launches New Kids' Program

Barnes & Noble has launched a nationwide program, "Kids' Book Hangout," intended to give young readers ages 6-12 a space to talk about books in its stores while playing games and activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-09 00:00:00 UTC ]
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Industry Stocks Dipped in First Half of 2018

Neither Barnes & Noble nor the spun-off Barnes & Noble Education have done terribly well in 2018. (Amazon, however, is doing just fine.) Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
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Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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