Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,328.20 -7.05 -0.05%
S&P 500 1,665.84 -0.45 -0.03%
Nasdaq 3,487.79 -8.64 -0.25%
Ticker Volume Price Price Delta
STOXX 50 2,811.13 -13.37 -0.47%
FTSE 100 6,779.62 +23.99 0.36%
DAX 8,444.98 -10.85 -0.13%
Ticker Volume Price Price Delta
Nikkei 15,381.00 +20.21 0.13%
Hang Seng 23,366.40 -126.66 -0.54%
S&P/ASX 200 5,180.06 -28.98 -0.56%
WATCH LIVE

Google Book-Scanning Lawsuit Is Dropped by French Publishers

Three French publishers dropped a 9.8 million-euro ($13.8 million) lawsuit against Google Inc. (GOOG) over books scanned by the search-engine company.

Editions Albin Michel SA, Editions Gallimard SA and Flammarion made the decision in order to resume negotiations to reach a deal on scanning copyright-protected works for Google’s digital library.

“Google suspended negotiations” when the suit was filed, Brice Amor, Gallimard’s legal director, said today. The publishers dropped their claims “with the goal that the negotiations might resume.”

Google, based in Mountain View, California, has reached agreements with Lagardere SCA (MMB)’s Hachette Livre and La Martiniere Groupe publishers to allow the scanning of out-of-print French books since losing a copyright dispute with the latter in 2009.

“This is a great news,” Philippe Colombet, Google Books’ French director, said today in an e-mail. “We are keen to discuss constructively and work with publishers around the world to preserve and disseminate our important cultural treasures, and to find new business opportunities for authors and publishers.”

The decision was earlier reported on the website of trade publication Livres Hebdo. Calls to Albin Michel and Flammarion for comment weren’t immediately returned.

To contact the reporter on this story: Heather Smith in Paris at hsmith26@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link