Google will pay $125 million in a settlement with the Authors GUild and AAP (the american publishers’ association), which still must be approved by a federal judge before it takes effect. $34.5 million will be used to set up an independent Book Rights Registry. Authors whose books have been scanned in Google’s book project might get tiny a share of the money “at least $60, depending on how many rightsholders file claims”, as the Authors’ Guild tells on their website.
The settlement will also establish a mechanism of Google selling books to users (individuals and libraries) and sharing the revenues with rights holders.
Closed
Published by Dr. Peter Troxler October 31st, 2008