“A seven-year battle between Google and the publishing industry is drawing to an end,” Julianne Pepitone reports for CNNMoney.
“The fight is over Google’s creation of a digital library that it hopes will eventually house every book ever published,” Pepitone reports. ” Google announced the project in late 2004 and began scanning books — with the cooperation of several major libraries — but it skipped a step: getting a green light from the authors and publishers whose books were being scanned. Their trade groups filed a pair of lawsuits against Google in 2005.”
Pepitone reports, “On Thursday, AAP announced a new settlement deal with Google. The agreement is twofold: It deals with the millions of books that Google has already scanned, and also sets the rules for digitizing in the future. Financial terms of the deal weren’t disclosed, but it appears that publishers were compensated for the books that Google has already scanned. Publishers can also choose to remove books that have already been digitized. Going forward, publishers will have to opt in and expressly strike individual deals with Google to digitize their book catalogs.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Rainy Day” for the heads up.]