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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U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said Thursday. The tentative agreement is for a wage hike of around 62% over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about $63 an hour from $39 an hour over the life of the contract.
The deal ends the biggest work stoppage of its kind in nearly half a century, which blocked unloading of container ships from Maine to Texas and threatened shortages of everything from bananas to auto parts, triggering a backlog of anchored ships outside major ports.
Alongside its year-end results the postal operator's interim executive chair, Keith Williams, outlined a new three-step plan to get the business back on track. "In recent years, our UK business has not adapted quickly enough to the changes in our marketplace of more parcels and fewer letters. Covid-19 has accelerated those trends, presenting additional challenges,” he said. Some 2,000 management jobs will go, more than 20% of the current total of 9,700 management positions. Royal Mail said the biggest reductions would be in “senior executive roles and non-operational functions”. The restructure will cost about £150m, and will result in annual savings of £130m. Capex will be reduced by £300m across the group over the next two years, with £250m of the cutbacks affecting the UK.
For the week ended February 13, 2021, unit sales of print books increased 21.3% over the week ended February 15, 2020, at outlets that report to NPD BookScan. It was the second consecutive week that unit sales rose by more than 20% over the comparable week last year. The increase was accomplished without the benefit of a big new hit, and once again reflected strength across all major categories as well as big gains for backlist titles. Through February 13, backlist sales were up 32% over the same period in 2020, while frontlist sales rose 3.4%. Total print unit sales through February 13, 2021, were up 22% over the comparable period in 2020.