Start looking for your Apple e-book settlement payout
Some, perhaps many, of the readers of this blog are going to start seeing payouts from the Department of Justice’s action against Apple for e-book pricing tactics.
This is in addition to a payout you may have received previously. There was more than one legal action (many of the states’ Attorneys General also settled with publishers). The DoJ originally went after 5 of the then Big 6 publishers (not Random House, who initially didn’t go along with the “Agency Model”)…there are only 5 of them left after Penguin and Random House combined (not, unfortunately, using my suggested name of “Random Penguin”).😉 The publishers settled; Apple fought it and eventually did not prevail (and that might have been affected by the absence on the US Supreme Court).
I’m not seeing anything on Amazon’s site yet, at least about this new payout (the previous payout is on a Help page). I would expect that we will get e-mails about it.
from Hagens Berman the “…consumer-rights class-action law firm” which worked with the DoJ and Attorneys General in this case.
If you took the payout last time, you should just automatically get it this time (if you are entitled to one).
How much you get depends on what you bought, when you bought it, and where. It could be pretty substantial, though. It’s $6.93 for a qualifying New York Times bestseller and $1.57 for other e-books.
My understanding is that how you use the credit will not be mandated…you won’t have to spend it on e-books, although many of you will.🙂
I’ll be curious: I’d appreciate it if you comment on this post to let me and my readers know when you get an Amazon e-mail about this.
Oh, and for my readers outside the USA (I have readers all around the world), this doesn’t impact you, since it was a legal action inside the USA.
Enjoy your settlement money! So many options! The Big 5 will probably get a short term benefit from this…but it would be interesting if consumers chose to buy books from other companies, or perhaps they can use the money for
and read and discovered a lot of non-Big 5 authors. ;) Not sure it will even be an option, but that might be a good way to test out KU (if you are comfortable with how authors get paid…I’m sure not all of my readers are).
Update: I’ve gotten my e-mail…I’m pleased with just over $40! Amazon chose to indicate that the e-mail was copyrighted, so I won’t reproduce it for you (if an e-mail is not indicated as private or otherwise protected, my understanding is that the recipient can reproduced it without permission…again, just my understanding of it). The key things are that it shows up as a credit in your account, and although they direct you to the Kindle store, it does appear that it would work for things that a gift card would generally do (not periodicals, but most things). You have one year to use, according to the e-mail, by order of the court. By the time I looked at it, it was gone.🙂 A Subscribe & Save order (we love that…we “subscribe” to physical items we get regularly, like dog food and toothpaste, and get a 15% discount) and another order took it. So, it did behave like a regular gift card.
Several of my readers have reported their amounts (see the comments)…thanks, readers! They’ve ranged from $1.57 to close to $200.
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* I am linking to the same thing at the regular Amazon site, and at AmazonSmile. When you shop at AmazonSmile, half a percent of your purchase price on eligible items goes to a non-profit you choose. It will feel just like shopping at Amazon: you’ll be using your same account. The one thing for you that is different is that you pick a non-profit the first time you go (which you can change whenever you want)…and the good feeling you’ll get. Shop ’til you help! By the way, it’s been interesting lately to see Amazon remind me to “start at AmazonSmile” if I check a link on the original Amazon site. I do buy from AmazonSmile, but I have a lot of stored links I use to check for things.
This post by Bufo Calvin originally appeared in the I Love My Kindle blog. To support this or other blogs/organizations, buy Amazon Gift Cards from a link on the site, then use those to buy your items. There will be no cost to you, and a benefit to them.