Apple in $400m settlement over e-book price fixing – It seems that it’s either feast or famine in the news arena, and this week it’s feast, so I’ve had to pick and choose which stories to highlight today. First up, the terms of Apple’s proposed settlement in the collusion case have been released. If Judge Cote accepts the settlement, it will mean up to $400 million paid out by Apple direct to consumers. As the Washington Post pointed out, if Apple’s pending appeal results in a reversal of Judge Cote’s ruling, Apple may owe consumers anything from $0 to $50 million.
If approved by a judge, the $400m will go to consumers. Apple will pay an additional $20m in legal fees.
“In a major victory, our settlement has the potential to result in Apple paying hundreds of millions of dollars to consumers to compensate them for paying unlawfully inflated e-book price,” said New York Attorney General Eric Schneiderman, who announced the settlement ahead of a damages trial that was set to begin on 25 August. –BBC News
Amazon’s Prepping a “Kindle Unlimited” Subscription Service For Books – So once again Amazon set the Internet afire (hahaha) with an *ahem* apparently unintentional posting of “test pages” for a new service in direct competition to lending programs like Oyster. Promising “unlimited” lending (or, more properly, “renting”) for $9.99 a month, including audiobooks, which are currently not supported by Oyster, the program may or may not overlap directly with the current Prime Lending Library included in Prime members’ yearly fee (currently $99/year). There’s also a video up at YouTube.
The current Kindle Owner’s Lending Library has a one-book-per-month cap, so this could be an option for Prime users who want more access. The Kindle Unlimited test pages also offer around 8,000 audiobooks, something the current lending library doesn’t have. And the promo banners for Kindle Unlimited said subscribers could access their books from “any” device. This likely means any device that supports the Kindle app, like iOS, Android, and Windows phone. –Gizmodo
The news about reader attention and the evolution of media isn’t all bad — there’s the “hill of Wow” – I love this post from Gigaom, in large part because it provides what I think is a very astute and helpful analysis of the dual faceted treatment of information and opinions expressed online. While shareability is a huge draw for many, and does, unfortunately, result in a much more shallow engagement with the information being shared, there is also much deeper engagement with long form articles that speaks of a much more thoughtful and careful consideration and analysis of content and related issues. Although we tend to focus more on the first (perhaps because it’s easier to spot), the possibility that the second is contributing to a stronger online foundation is certainly heartening.
So what we really have are two versions of the online-media world, both of which exist at the same time: one is the noisy, click-driven, social-sharing ecosystem, which favors speed and shareability — and is more noticeable because of all the Like buttons and Favorite meters and other share-tracking widgets — and the other is a deeper and less noticeable ecosystem of longform articles that people actually read, and likely get shared through slower forms of media such as email newsletters and what some have called “dark social.”
Borthwick argues (and I share this view) that businesses or people who focus on the right-hand side of the chart embedded above — the “hill of Wow,” in other words — may not rack up the huge pageview numbers or highly-visible sharing statistics, but ultimately they will build stronger businesses. As Betaworks data scientist Suman Deb Roy puts it in a quote that Borthwick includes: “The landscape of media content diffusion… is a hill-valley-hill of attention, and you’d probably do better sitting on the right hand hill. People sitting on the left hill appear to be more visible, but there are people on the right hill too. And the latter is growing.” –Gigaom
Guess a Book By Its Cover 2: A Quiz – I’ve seen a few discussions about book covers lately, and when I ran across this post, it seemed apropos. How many of these famous covers do you recognize, and are there certain cover images you’re more likely to notice and remember? –Book Riot
isn't sure if she's an average Romance reader, or even an average reader, but a reader she is, enjoying everything from literary fiction to philosophy to history to poetry. Historical Romance was her first love within the genre, but she's fickle and easily seduced by the promise of a good read. She approaches every book with the same hope: that she will be filled from the inside out with something awesome that she didnÊ¼t know, didnÊ¼t think about, or didnÊ¼t feel until that moment. And she's always looking for the next mind-blowing read, so feel free to share any suggestions!