The state of Maryland filed their reply to the AAP’s motion for a preliminary injunction blocking the state’s new library ebook law while the matter is litigated. The state claims the interference with Federal copyright law is incidental and accidental rather than primary: The AAP’s complaint, they write, “rests on the mistaken assumption the Maryland […]
eNews
Data Says Library eBook Lending Is Up, Costs Are Down
In contrast to lobbying efforts in some state legislatures, the dominant service provider for library ebook lending reports that the market is thriving. Overdrive notes that in 2021, “With a focus on equity of access to books for all, libraries achieved all-time records for circulation while lowering the average cost-per-title borrowed.” Senior manager for public […]
Authoritive Announces Funding, Legible Goes Public
Publishing-related startup Authoritive formally announced the completion of $5 million in seed funding, led by edtech venture firm Owl Ventures, and including Guardian Media Ventures. The Lean Startup author Eric Reis is also an investor and board member. Founded by literary agent Christy Fletcher, Figment co-founder Jacob Lewis, and technology executive Gene Cohen, Authoritive uses […]
Bertelsmann’s RTL Will Launch Multimedia Streaming Service that Includes Audiobooks
Last month, Bertelsmann unveiled the first part of an ambitious digital multi-media subscription service in Germany from their giant broadcasting subsidiary, called RTL+. Starting with a rebranded version of their previous service streaming service, by the second quarter of next year the new multi-media subscription will combine “video, audio, magazine, and book publishing assets” from […]
BN Launches New eReader
Barnes & Noble will launch a GlowLight 4 ereader on December 8. CEO James Daunt insists in the announcement, “Barnes & Noble is now investing significantly in our Nook line of products. The GlowLight 4 is the second Nook device to launch this year as we set about to bring a new family of devices […]
Inkitt Raises $59 Million
Berlin-based Inkitt announced another big round of funding, raising $59 million in a Series B (on top of previous rounds that raised at least $21 million). Axel Springer was a co-lead in the new round, with Michael Lynton participating, along with further funding from Stefan von Holtzbrinck (HV Holtzbrinck Ventures participated earlier) among others. The […]