Authors and publishers who filed claims in the Anthropic lawsuit should receive a first payment between November 1 and November 15, according to a status report filed with the court by class counsel. That schedule applies only to “works where all rightsholders are in agreement and where all necessary payment information is provided.” The first payment should be approximately $2,203.56 per title in gross proceeds, “after deduction of fees, services awards, and expenses.” Anthropic has deposited $1.05 billion so far into an escrow account, which has earned nearly $25 million in interest. The company will deposit another $450 million plus […]
