Google Settles Lawsuit with Publishers for $125 million
Google has agreed to pay $125 million to settle lawsuits filed by authors and publishers which charged the web search group of copyright violations.
In 2005 group of publishers and writers had challenged Google’s book scanning project that digitised and offered excerpts of books without permission from copyright holders. the suit against Google was brought on by the Authors Guild and members of the American Association of Publishers which includes McGraw Hill, CBS-owned Simon & Custer, Pearson Education, Penguin as well as John Wiley & Sons.
The agreement is the latest development in the dispute between Google and the publishing industry which has become increasingly wary of the media company’s shadow over their business. However the settlement is expected to put in place a legal and financial framework which will guide the digital distribution of millions of books over the internet in United States and later perhaps in other parts of the world.
The settlement is still subject to approval of the US District Court for the Southern District of New York. Once approved, readers will be able to look for and read extracts from millions of out-of-print as well as copyrighted books over the web besides having the option of buying access to the books.
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