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, [...]
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.
“School libraries, I believe, will be the coming focal point for ebook licensing,” write Chris Harris. “We have strong relationships with our K–12 publishing partners, but now we must reach out to the trade houses. As the print market weakens, the time is right for schools to present a new business proposal.”
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.
This article has been updated to include information on the state lawsuits and Canadian, publisher statements, and links to the proposed settlement and competitive impact statement, courtesy of Infodocket. The Department of Justice today filed its antitrust suit against Apple, Hachette, HarperCollins, Macmillan, Penguin and Simon & Schuster over the agency model of ebook pricing. [...]
Penguin’s decision to terminate its contract with OverDrive has further fractured the library ebook lending market, disturbed the American Library Association, and highlighted the difficulty in finding a single business model that all parties can be comfortable with. And the executive director of The Authors Guild says that public libraries are being put in an “awful situation” by the conflict that has embroiled the large commercial entities of Penguin, Amazon, and OverDrive.