Sentences with phrase «settling publishers»

As with the other settling publishers, retailers will now be able to discount Macmillan ebooks for a limited time.

Once the terms kick in it seems certain Amazon will reprice all these agency titles from settling publishers to 30 % off, thereby forcing their competitors to do the same and not make a nickel on ebook sales.

The settlement allows retailers to discount settling publishers» ebooks with just a couple of restrictions, so many people expected it would lead to much lower ebook prices.

Short answer: If the states» settlement with the publishers is finalized, customers who bought an ebook from any one of the five settling publishers between April 1, 2010 and May 1, 2012 will be eligible for a refund of up to $ 3.06 per book.

In August, Simon & Schuster and the other settling publishers had argued that such requirements would «unreasonably and unnecessarily [restrain] the Settling Defendants» independent business decisions beyond the scope and time provided for» in their settlements.

The three first publishers to settle — HarperCollins, Hachette & S&S — combined paid $ 69.04 million (which, according to the settlement docs, is «approximately 51 % of the damages Plaintiffs estimated to be caused by those three settling publishers (Hachette, HarperCollins, and Simon & Schuster»).

Barnes & Noble was not a party to the settlements but as a NOOK customer you can take advantage of the benefits agreed to by the settling publishers.

According to Reid, «Under the terms of the DoJ agreement, settling publishers can still use the agency model, but for the next two years they can not control consumer prices.

The proposed final settlement would require the settling publishers to terminate existing agreements with Apple and would end agency pricing for those publishers for two years.

The five distributors agreeing to settle the publishers» claims are: Kentwood Industries in California, Texas Book Company in Texas, Sterling Educational Media in Florida, Davis Textbook in California, and ABSnext Corporation (formerly known as Budgetext Corporation) in Arkansas.

As of this past weekend, all the settling publishers appear to have abandoned agency agreements with Amazon.

For the next two years, the settling publishers may not agree to contracts with e-book retailers that restrict the retailer's «discretion over e-book pricing,» the court said.

They still insist on the two year discounting regime that forms the heart of the agreement signed by the three settling publishers.

As each publisher settled, the remaining defendants became responsible not only for their own treble damages, but also possibly for the treble damages of the settling publishers (minus what they settled for).

Now, the three settling publishers, pending a wait period, will have only one week to terminate their agreement with Apple on how much their ebooks will cost.

Also, the settling publishers are making books available to a world - wide market.

Like the U.S. settlement, the proposed EU settlement requires Apple and settling publishers to terminate their agency agreements and, for two years, prevents publishers from «restrict [ing], limit [ing] or imped [ing] ebook retailers» ability to set, alter or reduce retail prices for ebooks and / or to offer discounts or promotions.»

The Commission notes that Apple and the settling publishers don't agree with its assessment but have agreed to settle anyway.

And it's currently constrained by the court settlement from making a loss across any of the settling publishers» lists.

Simon & Schuster was one of the first publishers to settle with the Department of Justice back in 2012, but Judge Cote's injunction against Apple puts Simon & Schuster — and the four other settling publishers — at a disadvantage by significantly extending the amount of time that the publishers are required to allow Apple to discount their ebooks.

After two years, the settling publishers may once again enter into agency pricing agreements that restrict retailers from setting, changing, or lowering e-book prices.

In the EU settlement, Apple and the settling publishers are subject to the three same requirements that HarperCollins, Hachette and Simon & Schuster agreed to in the U.S.:

It's in Amazon's best interest to enact the new contracts as quickly as possible so that it can start discounting the settling publishers» e-books, as it has said it plans to do.

(In other words, the three settling publishers wouldn't have to agree to offer their books in the KOLL.

Meanwhile, the three settling publishers have also hatched a deal with state governments that will see them pay millions of dollars in restitution to consumers.

The Department of Justice's ebook pricing settlement was approved last Thursday, and HarperCollins, one of the three settling publishers, has already entered into new contracts with ebook retailers — including Apple (s AAPL).

After the original contracts are terminated, the settling publishers may enter into new agreements with retailers (including Apple).

Settling publisher by settling publisher, those shoes are to fall, and those contracts with retailers are being rewritten to no longer require the retailers» adherence to the prices publishers set for ebooks.

The two - year period appears intended as a kind of «reset,» after which the settling publishers may enact it again.

They may get added support from the settling publishers (in terms of promotion, marketing suggestions, etc.) to the extent that that is not forbidden by the settlement.

In addition, as the Competitive Impact Statement on the settlement explains, the three settling publishers must terminate contracts with other retailers (like Amazon (s AMZN) and Barnes & Noble (s BKS)-RRB- that contain any «restrictions on an e-book retailer's ability to set the retail price of any e-book» and any most favored nation clauses.

So if Amazon and a settling publisher sign a contract that gives Amazon a 30 percent commission on each title sold, Amazon can not discount that publisher's entire catalogue by more than the total amount of the commission it receives.

(Many of the settling publishers» ebooks have only dropped in price slightly.)

According to the DOJ's competitive impact statement (PDF), Penguin has agreed to «substantially the same terms» that the three other settling publishers — HarperCollins, Simon & Schuster and Hachette — agreed to in April: The publisher will terminate its existing agreements with ebook retailers and enter into new ones that, for two years, allow retailers to freely discount its ebooks (with a few limitations).

The settling publishers can also negotiate one - year contracts that «prevent e-book retailers from cumulatively selling that Settling Defendant's e-books at a loss over the period of the contract.»

For now, in addition to having to tear up their existing «agency pricing» contracts, the settling publishers will also be forbidden from restricting retailers» discounting and using «most favored nation» clauses in their contracts.

In a new batch of emails to iBookstore customers affected by the price - fixing suit, the State Attorneys General and Class Counsel E-book Settlements responsible for managing the case - and distributing the money - confirms the new contribution from the two settling publishers, TidBITS reports, though that's not to say the cash will actually arrive any time soon.

The settling publishers have not switched back to a wholesale model for ebooks, in which they set a suggested price and the retailer buys the ebooks at a discount (usually 50 percent) and then sells them for whatever price it wants.