Google Settles Copyright Lawsuit
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Google can move forward with the digitalizing of millions of books. It is a costly settlement of a lawsuit for Google:
“Google is to pay $125m (€98m) to settle lawsuits filed in 2005 by authors and publishers that charged the web search group with “massive infringement”, challenging its book scanning project that digitised and offered excerpts of books without the permission of copyright holders.”
link: Google strikes deal with US publishers over online library
This has been a lingering obstacle for Google in moving forward with this project. The initial costs of this settlement may be considered a start up expense. The goal for Google remains to digitize and accumulate the world’s information. No doubt these short term costs will be offset by long term advertising profits.
Catherine Forsythe
3 Comments
Google, Book Publishers Settle « WiredPen
October 30th, 2008
at 1:00am
[...] 29 October 2008 at 11:59 pm (Convergence, Legal) (copyright, google) Google’s plans to create the world’s largest digital library moved closer this week with settlement of a 2005 copyright infringement law suit. The Financial Times reports that Google is paying $125 million to the Author’s Guild and members of the Association of American Publisher and will “fund the creation of a Book Rights Registry modelled on ASCAP, a copyright clearing house for the music industry.” (tip) [...]
Papa Smurf
October 30th, 2008
at 9:18am
This is great news. Now we can read what ever we want to from our living rooms and we dont have to go to the library or pay outrageous prices for a book that we will read and then let gather dust and take up room on a shelf. Thank your Google. The is very good news.
I just hope that they jump on it so I can get to reading some of the classics before I get to old and my eyesight goes.
Yours in His service
Jim
1fastbullet
November 4th, 2008
at 5:12am
Only recently I downloaded a fistful of Ebooks of a technical nature to save a ton of money. I sincerely doubt I’ll bother doing it again.
Reading these things on my 19″ desktop monitor is no fun at all and is literally a pain in the… neck.
Maybe this is done a bit easier from a laptop, something I admit to not having tried. But I don’t foresee myself buying a laptop solely for the purpose of reading Ebooks, either.
Based upon the above, I think Google may have wasted a lot of time and money on this endeaver.