In a strongly worded opinion, US District Judge Denise Cote rejected requests by Apple and five book publishers to throw out a class action suit that accuses them of price-fixing.
Citing ongoing state, federal and …
Publishing
News Corp.’s Hacking Tab So Far This Year: $167 Million
It may be years before anyone can figure out the real cost to News Corp. and its shareholders of the UK hacking scandal that has dominated the headlines for months. For now, whatever the reputation cost for Rupert and James …
E-book Price-Fixing: Finding the Best Model for Publishers — and Readers
In a case that has attracted worldwide attention, Apple and five book publishers were sued this spring by the U.S. Department of Justice on the grounds that they colluded to fix prices for e-books sold on Apple’s iBookstore …
Amazon-owned Audible: Hey Authors, Want $20 Million?
The Amazon-owned digital audiobooks site Audible.com is launching a new program, “Audible Author Services,” that pays audiobook authors $1 per sale through Audible.com, Audible.co.uk, and iTunes, out of a $20 million fund. …
Beware of Falling Trees: The Best and Worst Jobs in America
Lumberjacks are celebrated in folklore (hello, Paul Bunyan) and in song (hello Monty Python), but as a career choice lumberjacking leaves something to be desired. At least according to the Jobs Rated 2012 report released earlier …
Sued: DOJ Brings E-Book Antitrust Lawsuit Against Apple, Publishers
Just like that, Apple is officially on the receiving end of a major antitrust lawsuit filed this morning by the U.S. Justice Department for alleged e-book price-fixing. The suit, filed in New York district court, includes publishers Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster, reports Bloomberg
Sex on the Internet: Sizing Up the Online Smut Economy
When the news broke that Goldman Sachs had rid itself of its investment in Village Voice Media due to the company’s connection with Backpage.com, a website known mostly for its advertisements for “escorts” and certain kinds …
Thanks to E-Books, Flat Revenue is No Problem for Publishers
Large book publishers’ most recent earnings reports reflect a new normal: Revenues are roughly flat, but profits are up—in large part due to e-books.
Why Text Mining May Be The Next Big Thing
“Big Data” is a hot topic in the business world these days. But there’s a subset of this broad field that has yet to take a turn in the spotlight. It’s called “text mining,” and you’re probably going to be hearing a lot more …
In Major Digitization Effort, Scholastic Launches E-Reading App For Kids
The kids’ e-book market is still nascent, with e-books making up just about three percent of children’s book sales. That could change now that Scholastic, the world’s largest children’s book publishers, is digitizing much …
Harry Potter and the Future of Public Libraries
The Harry Potter website known as Pottermore has been beset by delays. But there is some good news. When the portal launches later this year, its stock of JK Rowling e-books and digital audiobooks will be available to public …
