News Corp disclosed in its quarterly 10-Q report on Friday that HarperCollins acquired Thomas Nelson for $200 million, and that the deal took place in October. The number is less than half the $473 million former owner InterMedia paid for Thomas Nelson back in 2006. The filing also disclosed that HarperCollins is now subject to 23 different consumer class action suits filed in New York and California relating to purported anti-trust issues and the use of the agency model by the six largest publishing houses. The defendants, including HarperCollins, filed a motion with the Judicial Panel on Multidistrict Litigation to […]
Legal
eNews: Wiley Sues 27 BitTorrent Users Over Piracy; New Funding For Educational App Publisher Mindshare; and More
Last week Wiley filed suit in Manhattan federal court against 27 John Doe defendants who illegally downloaded various FOR DUMMIES titles from Ukraine-based Torrent website demonoid.me on October 18 and 19. The John Does are identified for now only by their IP addresses, all within the state of New York. Wiley claims in the suit that these defendants “are contributing to a problem that threatens the profitability of Wiley. Although Wiley cannot determine at this time the precise amount of revenue that it has lost as a result of peer-to-peer file sharing of its copyrighted works though BitTorrent software, the […]
Copyright Office Outlines Forthcoming Projects
The US Copyright Office published a report on their priorities and special projects for the next two years, which is something between a wishlist and a to-do list. A number of their topics for further study are items that had been forestalled by the now-rejected Google Books Settlement–and still might not move forward since to a large extent they require action by Congress. Nonetheless, the office has prepared preliminary analysis “identifying the issues related to mass book digitization—developments” and plans on further “research and policy discussions.” They say they “will continue to provide analysis and support to Congress” on dealing with […]
In Countersuit, Kampmann and Midpoint Trade Claim Kump “Misappropriated Trade Secrets”
On October 17 Midpoint Trade Books ceo Eric Kampmann and Midpoint director and minority shareholder Christopher Bell filed their response to Midpoint co-founder Gail Kump’s lawsuit, in which she alleged breach of fiduciary duty, breach of contract, and other corporation law violations. After categorically denying Kump’s claims, Kampmann and Bell add five counter-claims of their own, asking for a total of $5 million in damages on the grounds that Kump misappropriated trade secrets, breached her duties as an officer and director of Midpoint, and created “torturous interference with ongoing contractual relationships.” They assert that Kump’s employment by the National Book […]
Still More Law Firms Want A Piece of Class-Action Agency Suits, As Pretrial Conferences Loom
There have been some new developments since we reported in August on the growing number of class action-seeking lawsuits launched against Apple and the six largest trade publishing houses on the grounds that the agency model violates antitrust laws. Between August 12 and September 23, at least a dozen additional suits were filed in California’s Northern District and New York’s Southern District, each alleging “conspiracy” and “collusion” to fix ebook prices against Apple and the publishers. Of greater importance now than the volume of suits is process by which the California and New York cases are slowly towards consolidation. In […]
Julian Assange WikiLeaks Canongate
It will come as no great surprise that Julian Assange has released correspondence with Canongate and purported transcripts of apparently-taped phone calls with Canongate publisher Jamie Byng. Though Canongate published the unauthorized draft in part due to admitted “financial imperative,” according to an email from Assange’s agent Caroline Michel, by going ahead with publication, Canongate now is obligated to pay Assange, “in accordance with the agreement, the remaining amounts of £225,000 on delivery of the complete manuscript and £175,000 on first UK publication.” (That should provide enough to pay back Knopf and still leave some for Assange.) As we noted […]