The following is a comment from Maria A. Pallante, President and CEO, Association of American Publishers:
“We are extremely pleased that the district court has approved the proposed consent judgment. As we have stated before, it is an appropriately serious bookend to a decisive finding that so called “controlled digital lending” is nothing more than copyright infringement.”
see more at: https://publishers.org/wp-content/uploads/2023/08/Hachette-v.-IA-Consent-Judgement-and-Permanent-Injunction-Subject-to-Reservation-of-Right-to-Appeal.pdf
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Dockworkers on the East and Gulf coasts overwhelmingly approved a six-year contract Tuesday, averting the threat of a strike that could have crippled the economy. The yes vote was expected after the leadership of the International Longshoremen’s Association union reached a tentative contract agreement in January with the U.S. Maritime Alliance of ports and shipping companies. The alliance approved the contract last month, and on Tuesday rank-and-file members voted for it with nearly 99% in favor, the union said in a statement. The contract calls for a 62% pay hike over six years that would lift hourly wages at the top of the union pay scale from $39 an hour to $63 an hour. ILA President Harold Daggett, who served as the union’s chief negotiator, was quoted in the statement as saying the agreement is “the ‘gold standard’ for dockworker unions globally.”
In August 2017, Trade publishers’ revenues (sales to bookstores, wholesalers, direct to consumer, online retailers, etc.) increased +1.0% compared to August 2016. For the year-to-date (Jan. – Aug. 2017) revenues were flat at 0.0%. AAP’s StatShot reports Trade Books in the categories of fiction books, non-fiction books and religious presses. The slight revenue increase in August 2017, compared to August 2016, came from growth in Childrens and Young Adult books (up +2.9%) and Religious Presses (up +7.8%). There was a slight decline in revenue in August and a -0.6% year-to-date decline for all tracked categories, which includes: Trade Books, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. Click Read More below for additional information.
♦ Company is experiencing strong ecommerce demand in its Gourmet Foods and Gift Baskets brands and its 1-800-Flowers Consumer Floral business, including a strong Mother’s Day holiday period as well as increased demand for every-day gifting occasions. ♦ Total consolidated revenues for Fiscal 2020 are now expected to grow in a range of 16-to-18 percent, compared with the prior year, up from a previous range of 8-to-9 percent.