More than a month after interrupting sales of books from major publisher Hachette in a dispute over e-book pricing, Amazon has proposed a temporary arrangement in which it would return sales to normal and funnel 100 percent of the revenue directly to authors until the two parties reach an agreement.
Hachette is not the only imprint to find itself under Amazon's thumb as the online retailing giant has begun turning the heat up on smaller publishers in the U.K., demanding terms that one publishing executive likened to a "form of assisted suicide for the industry."
In a court filing on Monday, an attorney representing the plaintiffs in a class action suit seeking damages from Apple's e-book price fixing scheme informed federal Judge Denise Cote that the company has agreed to settle.
After blocking preorders and delaying shipments for titles in the midst of ongoing negotiations with publisher Hachette, Amazon has now spoken out on the dispute, attempting to portray its decisions as advantageous to customers, while also admitting that the issues are not likely to be solved soon.
Amazon is currently in the midst of a fight with Hachette, one of the so-called "Big Five" largest publishing companies, and has stopped taking preorders for high-profile upcoming titles, including the latest from "Harry Potter" series author J.K. Rowling.
The U.S. Court of Appeals for the Second Circuit on Friday issued a brief order agreeing to consider Apple's motion for a stay of the upcoming e-books damages class action suit leveled by 33 states and a group of consumers.
In yet another denial of Apple's attempts to halt an impending e-books damages trial, U.S. District Court Judge Denise Cote on Wednesday shot down two motions for a stay, making it clear she intends to kick off proceedings as soon as possible.
A federal judge on Tuesday denied Apple's motion to dismiss a lawsuit leveled by state attorneys general over e-book price fixing, allowing a trial that could cost the company up to $840 million to move forward.
Apple's court-appointed external compliance monitor Michael Bromwich on Monday issued his first report to U.S. District Court Judge Denise Cote, noting a marked improvement in relations between himself and the Cupertino, Calif. company.
Apple on Tuesday filed an appeal over a U.S. district court ruling that found the company responsible for e-book price-fixing, requesting a reversal of the decision or, barring that, a new trial in front of a new judge.
Apple's latest attempt to rein in e-books antitrust monitor Michael Bromwich has been denied, with the federal appeals court hearing the case saying the company failed to present evidence of irreparable harm.
To aid with content discovery and on its iBookstore, Apple will be requiring publishers to assign an "interest-age" to e-books distributed to children, teens and young adults, including titles tagged as "educational."
A U.S. appeals court on Tuesday heard initial arguments from Apple regarding the stoppage of antitrust monitor Michael Bromwich's duties until while the court decides whether he should be removed altogether.
Apple on Tuesday announced that iBooks Texbooks and iTunes U Course Manager, two education-oriented products from the company, are expanding into new markets around the world, including Asia, Latin America, and Europe.