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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Another Mixed Bag For Barnes & Noble

Even in the digital age, Barnes & Noble can’t avoid the headache of returns. Although the company posted lots of positive results for the year-end and fourth quarter of fiscal 2012, the number most analysts seem to focus on was Nook segment sales for the fourth quarter, which fell 10.5%, to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-06-25 00:00:00 UTC ]
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S&S launches online crime community

Simon & Schuster has launched new microsite The Dark Pages, intended to be an online crime... Continue reading at The Bookseller

[ The Bookseller | 2012-06-20 00:00:00 UTC ]
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Barnes & Noble loss narrows

Barnes & Noble said Tuesday that its fiscal fourth-quarter loss narrowed as the company continues to invest in its Nook e-reader business.Barnes & Noble said Tuesday that its fiscal fourth-quarter loss narrowed as the company continues to invest in its Nook e-reader business. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-06-19 00:00:00 UTC ]
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B&N Nook digital business up 45%

Barnes & Noble has reported revenues for its Nook digital business for $933m for the full... Continue reading at The Bookseller

[ The Bookseller | 2012-06-19 00:00:00 UTC ]
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The Other E-book Retailers

The ebook store market may be dominated by Amazon, Barnes & Noble, and Apple, but a few independent online ebookstores, patterned after bricks-and-mortar retailers, have carved out a lucrative niche. Some were emboldened as far back as 2003, when Barnes & Noble.com initially exited the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-06-15 00:00:00 UTC ]
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B&N settles with Riggio

Barnes & Noble has reached a $29m settlement with its founder and chairman Leonard Riggio,... Continue reading at The Bookseller

[ The Bookseller | 2012-06-14 00:00:00 UTC ]
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DoJ settlement 'would injure booksellers', says B&N

Barnes & Noble has said the Department of Justice's proposed settlement with... Continue reading at The Bookseller

[ The Bookseller | 2012-06-07 00:00:00 UTC ]
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S&S sign Sam Warburton books

Welsh rugby captain Sam Warburton has signed a two-book deal with Simon & Schuster. The... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Kimmage wins 2012 British Sports Book title

Simon & Schuster's Engage: The Fall and Rise of Matt Hampson by Paul Kimmage has been... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Publisher Settles in E-book Price Fixing Case

Simon & Schuster becomes the latest publisher to settle an antitrust claim by a team of states, while Macmillan, Penguin, and Apple fight on. Continue reading at PC World

[ PC World | 2012-05-18 00:00:00 UTC ]
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Two from Robert Ryan for S&S

Simon & Schuster has signed two historical thrillers from Sunday Times-bestselling author and... Continue reading at The Bookseller

[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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"Fantastic" first quarter for S&S

Simon & Schuster has revealed a 14% increase in like-for-like book sales in the UK, including... Continue reading at The Bookseller

[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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Barnes & Noble and Microsoft: A Win-Win?

The deal between Barnes & Noble and Microsoft gives both companies things they need—B&N receives a much-needed infusion of cash, while Microsoft gets another chance to participate in the consumer digital marketplace. In addition to the $300 million investment Microsoft has made to give... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-05-04 00:00:00 UTC ]
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Digital revenues up 64% for S&S US

Digital revenues for Simon & Schuster US climbed 64% in the first quarter of the year, while... Continue reading at The Bookseller

[ The Bookseller | 2012-05-03 00:00:00 UTC ]
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Nook and HMH partner in school deal

Houghton Mifflin Harcourt (HMH) has teamed up with Barnes & Noble’s Nook to deliver e-... Continue reading at The Bookseller

[ The Bookseller | 2012-05-03 00:00:00 UTC ]
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B&N to embed NFC chips into Nooks

Barnes & Noble c.e.o. William Lynch has said that the company plans to embed NFC (near field... Continue reading at The Bookseller

[ The Bookseller | 2012-05-02 00:00:00 UTC ]
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Why Microsoft Nabbed the Nook

Microsoft's $300 million investment in Barnes & Noble's Nook e-reader and digital book subsidiary makes perfect sense, according to experts at Wharton and elsewhere. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2012-05-02 00:00:00 UTC ]
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Barnes & Noble's Nook e-readers getting NFC, says CEO

Now that all of that Microsoft-related news is out in the open, Barnes & Noble's CEO William Lynch is ready to talk about the future. Fortune sat down with him to discuss the deal and what's next for the Nook. The answer to the latter is, at least in part, near-field communication. The exec... Continue reading at Engadget

[ Engadget | 2012-05-02 00:00:00 UTC ]
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Microsoft gambles $300m on e-readers

Microsoft is jumping into the fast-growing ebooks market by investing US$300 million in Barnes & Noble's Nook e-reader and university business, as it looks to unlock Amazon.com and Apple's grip on the exploding tablet computer market. Continue reading at Stuff

[ Stuff | 2012-05-01 00:00:00 UTC ]
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Barnes & Noble, Microsoft team up on Nook, college businesses

An infusion of money from Microsoft Corp. sent Barnes & Noble Inc.'s stock zooming Monday, as the software giant established a way to get back into the ebooks business. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-30 00:00:00 UTC ]
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