Penguin Group today announced that it will be changing the terms on its library ebook lending program, and on Tuesday, April 2, will begin allowing libraries to purchase and lend ebook titles the day that hardcover editions are released, according to The Associated Press. Previously, Penguin had placed a six month embargo on new ebooks, [...]
From Laura Hazard-Owen at paidContent: Random House parent company Bertelsmann and Penguin parent company Pearson announced Thursday that the Department of Justice has approved the proposed merger between Random House and Penguin “without conditions.” The merger, which remains under review by other antitrust authorities including the European Commission and the Canadian Competition Bureau, would create [...]
Macmillan on Friday became the last of five major publishers to settle a lawsuit over the pricing of ebooks originally filed by the U.S. Department of Justice (DOJ) and 15 states in April 2012. In an email addressed to “Authors, Illustrators and Agents” Macmillan CEO John Sargent wrote that he believed the company had done nothing wrong and could still win the case, but the risk of losing the legal battle had become too high.
The 3M Cloud Library, the New York Public Library (NYPL), the Brooklyn Public Library (BPL), and publisher Penguin Books have officially launched a pilot program that will allow patrons of the two systems to check out a selection of Penguin ebook titles six months after initial publication. NYPL will also offer additional titles from the 3M cloud library, the company said in an announcement today.
Pending the approval of U.S. District Judge Denise Cote, $69 million will be awarded to consumers who purchased agency-priced ebooks between April 2010 and May 2012, as part of a proposed settlement of a state antitrust suit filed against HarperCollins, Hachette SA, and Simon & Schuster. Led by the Attorneys General of Connecticut and Texas, 49 states (excluding Minnesota) and 5 U.S. territories had accused the publishers of conspiring to fix ebook prices.
Conference Under Way, ALA President Praises New Penguin Ebook Pilot With NYC Libraries | ALA Annual 2012
Big Six publisher Penguin Group, the New York Public Library (NYPL), the Brooklyn Public Library (BPL), and 3M Library Systems today announced a pilot project to make Penguin ebooks available to patrons of The New York and Brooklyn public libraries six months after initial publication. The program will begin in August and, if successful, could roll out across the country. The move comes four months after Penguin pulled out of its contract with OverDrive.