Thursday, March 02, 2017

German Publishers Ordered To Return Hundreds Of Millions Of Euros To Authors – And They’re Afraid They’ll Go Bankrupt


Last year, the Federal Republic’s supreme court ruled that publishing houses weren’t entitled to up to €300 million in copyright payments they had kept since 2012, and the houses are scrambling madly to get together the cash they must now pay to their authors. The general counsel of Germany’s Publishers and Booksellers Association explains the situation.

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