Macmillan is paying $20 million to settle the class action and states’ lawsuits remaining against it.
The long-delayed Bookish, a website backed by Hachette, Penguin and Simon & Schuster and designed to promote book discovery and sell books, launched Monday night and is designed to be a one-stop shop for readers looking for their next book.
There’s a brewing conflict over consumers’ rights to use platforms like ReDigi to resell their books, music and other digital property. Now libraries and companies like eBay and Redbox are leading a campaign to pass “You bought it, you own it” laws.
With the ebook pricing settlement recently approved, and the Department of Justice’s trial against Apple, Macmillan and Penguin set to begin next June, Apple has subpoenaed Amazon in a Washington State court.
Last December, the European Commission began investigating Apple and five book publishers for allegedly conspiring to set ebook prices. Now the EC, Apple and four of the publishers have reached a preliminary agreement that largely mirrors the terms of the ebook settlement in the U.S.
Starting in October, libraries will pay an average of 220 percent more for Hachette’s ebooks. Hachette still does not make new ebooks available to most libraries; all the books affected were published before April 2010. Random House increased prices for librairies earlier this year.
States want to give consumers $69 million worth of refunds to compensate them for overpriced ebooks. How much will you get? And how will this affect the publishing industry? Here’s a simple guide to what’s really going on.
Ebook buyers in 54 states and territories are set to receive $69 million in a settlement between the states and HarperCollins, Hachette and Simon & Schuster. Those who bought agency-priced ebooks between April 2010 and May 2012 are eligible for payment if the settlement goes through.
The Department of Justice wants the court to accept its proposed ebook pricing settlement with Apple and book publishers, but presiding Judge Denise Cote is allowing more parties who oppose the settlement — the Authors Guild and attorney Bob Kohn — to weigh in as amici curiae.
In a filing late Wednesday in response to Apple and book publishers, the Department of Justice reiterates its claim that agency pricing and the alleged conspiracy have resulted in “unmistakable consumer harm,” but refuses to release its ebook pricing analysis.