Ebook buyers will get $0.25 to $1.32 per book in Apple price-fixing case -
Consumers in 49 states (all except Minnesota) and five territories will be reimbursed at least 25 cents for every ebook purchase they made from large publishers between April 1, 2010 and May 21, 2012.
- Consumers will receive $1.32 for each New York Times bestseller they bought between April 1, 2010 and May 21, 2012
- They will receive 32 cents if a book was not on the NYT bestseller list at the time but was in its first year of publication, and 25 cents if it was an older backlist book
- Most consumers will receive the reimbursement in the form of a credit to their Amazon, Barnes & Noble, Kobo or Apple account unless they state they prefer a check
- Those who bought ebooks through Google and Sony will get a check
- Any money left over will go to literacy related charities
If a court approves the deal, the publishers will put aside money into a dedicated consumer account within 30 days and retailers will begin notifying customers by email. The notification process will also include Google and Facebook ads.
(Via TheAppleBlog.)
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