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BUSINESS
September 6, 2012 | Times wire services
NEW YORK — A federal judge has approved a U.S. government settlement with three major publishers accused of conspiring with Apple to fix the prices of electronic books. The ruling released Thursday requires the publishers, Hachette, HarperCollins and Simon & Schuster, to abandon a pricing system that they conceived in 2010 when Apple Inc. released the iPad and began selling digital books in its iTunes store. U.S. District Judge Denise Cote approved the deal nearly five months after the Justice Department filed an antitrust lawsuit alleging Apple worked with the largest digital book publishers to rig a system designed to counteract Amazon.com's pricing practices.
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ENTERTAINMENT
March 26, 2013 | By Jenny Hendrix
Wisconsin Gov. Scott Walker is drawing heat over his choice of ghostwriter for a forthcoming book. As the National Review online reported, Walker will team up with former George W. Bush speechwriter Marc Thiessen on the book, which according to a source will "tell his story. " The book, which is not yet titled, will be published by Sentinel, an imprint of the Penguin Group. Thiessen, a Washington Post op-ed columnist, supports "enhanced interrogation" in the war against terror, as spelled out in his 2010 book "Courting Disaster.
BUSINESS
February 16, 2010 | Mcclatchy-Tribune News Service
Since Amazon.com debuted its first Kindle e-book reader late in 2007, the reaction within the book industry has been a mix of welcome and scorn. Welcome because of the potential to tap an entirely new market -- before a wave of digital piracy similar to the one that decimated the music business. Scorn because of fears that the online retail giant, which already has a commanding share of the market for printed books, might use its leverage to seize control of the new market and push down prices even further.
CALIFORNIA | LOCAL
October 17, 2012 | By Valerie J. Nelson, Los Angeles Times
Nonsense was big business for Larry Sloan, who co-founded a Los Angeles publishing company in the 1960s to print books that were blueprints for silliness. The series of word-game books, "Mad Libs," became absurdly popular and marked its 50th anniversary in 2008. More than 110 million of the slim paperbacks have reportedly been sold. Sloan, the last survivor of the trio of founders of Price Stern Sloan publishing, died Sunday at Cedars-Sinai Medical Center in Los Angeles after a brief illness, said his daughter, Claudia Sloan.
BUSINESS
June 13, 2006 | Anne-Marie O'Connor, Times Staff Writer
A New York federal judge has ruled that the son and a granddaughter of Nobel Prize-winning author John Steinbeck hold the book publishing rights to "Of Mice and Men," "The Grapes of Wrath" and eight other early classics. The ruling was a setback for Penguin Group Inc., which could lose the rights to Steinbeck books that it has held for decades. Mark S. Lee, a lawyer representing the author's surviving son, Thomas Steinbeck, of Montecito, Calif., and granddaughter Blake Smyle of Boonesboro, Md.
BUSINESS
April 11, 2012 | By Jim Puzzanghera and Andrea Chang
WASHINGTON - Former Apple Inc. Chief Executive Steve Jobs was a key player in a conspiracy with five major book publishers to drive up the price of digital books, federal and state officials said in antitrust lawsuits filed against the companies. Jobs helped orchestrate a complex price-fixing plan that cost consumers tens of millions of dollars over the last two years by boosting the price of many new releases and bestsellers by $3 to $5 each, federal investigators said. Apple even proudly described the maneuver - which gave the iPad maker a guaranteed 30% commission on each e-book sold through its online marketplace - as an "aikido move," referring to the Japanese martial art, according to the lawsuit.
ENTERTAINMENT
November 22, 2011
The Rev. Martin Luther King Jr.'s "I Have a Dream" speech, the Rolling Stones' "Exile on Main St.," Bill Cosby's "I Started Out as a Child" comedy album and musicologist Harry Smith's widely influential "Anthology of American Folk Music" collection are among 25 new recordings selected for the 2012 Grammy Hall of Fame, the Recording Academy announced Monday. The new entries, which also include Bruce Springsteen's "Born in the U.S.A. " album, Cole Porter's pop standard "Anything Goes," Grandmaster Flash and the Furious Five's pioneering rap single "The Message" and Tina Turner's career-rejuvenating hit single "What's Love Got to Do With It" bring the total number of recordings chosen for the Hall of Fame to 906. Other selections this year include Lester Flatt and Earl Scruggs' instrumental "Foggy Mountain Breakdown," Mahalia Jackson's "Precious Lord, Take My Hand," Gloria Gaynor's anthem "I Will Survive" and the Boston Symphony Orchestra's 1940 recording of Roy Harris' Symphony No. 3. —Randy Lewis Penguin stops e-book loans Library patrons hoping to borrow e-books published by Penguin may have to wait.
ENTERTAINMENT
June 22, 2012
Radiohead has postponed part of its European tour after a stage collapse in Toronto killed the band's drum technician. A statement posted on the British band's website Thursday said they are dealing with grief from the accident and practical considerations that have forced them to postpone shows in Italy, Germany and Switzerland scheduled through July 9. Scott Johnson was killed Saturday when the stage came crashing down as the crew set...
CALIFORNIA | LOCAL
August 14, 2010
Elaine Koster Publisher with a knack for new talent Elaine Koster, 69, a publisher and literary agent with a knack for new talent who gave a second chance to an obscure horror writer named Stephen King and took on an unknown Khaled Hosseini and his novel "The Kite Runner," died Tuesday at St. Luke's Hospital in New York, according to Hosseini's publisher, Penguin Group (USA). The cause of death was not available. As publisher of the New American Library in the 1970s, Koster paid a then-enormous $400,000 for the paperback rights to King's "Carrie," which had sold poorly in hardcover, and was later credited with helping to make a blockbuster out of Erica Jong's "Fear of Flying.
BUSINESS
March 8, 2006 | Josh Getlin, Times Staff Writer
Irrational exuberance? Not to Penguin Press, which said Tuesday that it won a bidding war to publish the memoirs of former Federal Reserve Chairman Alan Greenspan. The deal reportedly will pay Greenspan an advance of more than $8.5 million, which would be the second-largest amount ever for a nonfiction writer. The biggest was the $10 million Alfred A. Knopf paid in 2001 for the memoirs of former President Clinton.
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