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Authors, Agents and Publishers Seek to Carve Out Their Rights in Electronic-Book Formats
Three recent announcements involving electronic publishing sent ripples through the publishing industry. The first was Amazon's announcement that its sales of e-book units exceeded its sales of hardcovers by the second quarter of 2010, a trend that has reportedly continued. Although comparative sales figures do not present a complete picture, it is clear that gateway companies ' such as Amazon, Apple, Sony and Barnes & Noble that sell both e-books and proprietary e-book reading devices ' are enlarging their share of the publishing marketplace. (This article refers to them as “Digital Distributors,” even though “distributor” can be a misnomer; see below.)
The second recent announcement was that Odyssey Books, the new publishing arm of The Wylie Agency, agreed to make 20 titles available in electronic form, including modern classics by A-list authors and their estates that The Wylie Agency represents, exclusively for a two-year term through Amazon's Kindle Store. This approach bypassed not only the traditional conduits of literary works ' book publishers ' but also every Digital Distributor but one. Even physical bookstores reportedly were excluded from selling some of the books, which would only be available in Odyssey electronic editions. (See, “Celebrated Authors Bypass Publishing House to Sell ebooks via Amazon” by Alison Flood, guardian.co.uk, July 22, 2010.)
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.