Google Book Search class action lawsuit settled
2008-10-29 04:21:02 (GMT) (Caymanmama.com - Top Stories News)
Google settles copyright dispute with authors, publishers for $125 million
Miami, Florida (CaymanMama.com) — Google Inc. seems to be in the headlines every week and this week is no different. This time, the search engine giant has reported settled a copyright infringement dispute between them, the Association of American Publishers (AAP) and Authors Guild.
The suit was over a book-scanning plan by Google that was labeled a “historic” deal which would have made millions of books searchable online as well as completely printable. The publishers and authors launched two separate copyright lawsuits and according to the AFP, the suits were settled on Tuesday to the tune of $125 million.
The settlement agreement ordered Google to pay the that amount in order to institute a “Book Rights Registry”which will allow readers to go online, search for and buy copyrighted books and books which are no longer in print, by the book or by the page, and will also provide libraries with full, free access to the registry.
The settlement will also resolve all outstanding claims and cover the legal fees accrued from the lawsuit which was filed against the Internet giant nearly three years ago. Google’s plan, called the Google Book Search was hotly rejected by US authors and publishers prompting them to file a class action lawsuit.
In a statement, Google, the Authors Guild and AAP said, “The agreement acknowledges the rights and interests of copyright owners, provides an efficient means for them to control how their intellectual property is accessed online and enables them to receive compensation for online access to their works.”
“Holders worldwide of US copyrights can register their works with the Book Rights Registry and receive compensation from institutional subscriptions, book sales, ad revenues and other possible revenue models, as well as a cash payment if their works have already been digitized,” the statement continued.
After two years of negotiations, the dispute reached an agreement though it is still subject to approval by the U.S. District Court.
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