Fully Charged: Apple owes $450M over ebooks, and new Rock Band hardware coming
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Apple owes $450 million for ebooks
Sorry, Apple: it’s time to pay up. In 2013, a United States district judge found that Apple conspired with book publishers to raise the prices of ebooks and limit competing retailers from selling them at a discount, which would help Apple’s iBooks turn larger profits without being undercut by rivals. However, Apple tried to appeal the proposed settlement.
Unfortunately for Apple, the U.S. Supreme Court declined to hear the appeal, and thus the original settlement amount – US$450 million (about £315 million) – will be upheld. Some US$400 million (£280 million) of that will be offered to consumers who purchased ebooks during the affected span from the major publishers in question, even if it wasn’t through iBooks. The actual per-book payout for approved claims should be pretty miniscule, however.
And the remaining $50 million (about £35 million)? Well, that will go to the lawyers: surely the biggest winners in all of this.
[Source: Reuters]
Read More › Samsung wins $120M appeal over Apple
New Rock Band 4 hardware coming
Rock Band 4 will continue to be updated and enhanced for the foreseeable future, but developer Harmonix will handle that without help from its original co-publisher, Mad Catz. Today, Harmonix announced that it has partnered with rival accessory maker Performance Designed Products (PDP) as a new co-publisher on the game, and that they will launch "new hardware alongside a major Rock Band 4 feature update coming this fall."
Why the swap? Well, Mad Catz announced last month that it would lose more than one-third of its staff after president and CEO Darren Richardson and senior VP of business affairs Whitney Peterson suddenly departed prior to another dismal earnings report. The company previously said that it was counting on Rock Band 4 sales to revive its sagging peripheral business, but perhaps the continued struggles prompted these partners to reevaluate their deal.
Right now, Harmonix is trying to raise money via crowdfunding platform Fig for a PC version of Rock Band 4, with the campaign almost 25% of the way funded after a week. PDP will also develop hardware for Rock Band VR for the Oculus Rift, although it’s not clear yet how that will vary from previous Rock Band instrument controllers (shown above) in general functionality and design.
Amazon is opening another store
Will Amazon open up hundreds of physical bookstores? That’s not yet clear, but the online giant is at least moving forward with one more Amazon Books store in San Diego, California. That’s according to signage outside a location, which followed job listings found last month.
Amazon’s first retail storefront opened in Seattle in November, with identical pricing to the online listings and demo stations for its Kindles and other gadgets. Last month, the CEO of shopping mall company General Growth Properties claimed that Amazon planned to open "300 to 400" more stores, but he quickly claimed to be mistaken. In any case, it sounds like Amazon isn’t content with just one store – we’ll have to wait and see how many more are in the works.
[Source: San Diego Union Tribune via The Verge]