Publishers to Pay $69 Million in E-Book Settlement

Ebook-buying consumers in 49 states (all except Minnesota) and five territories are set to receive $69 million as the result of a settlement between the states and HarperCollins, Hachette and Simon & Schuster. If the settlement is approved, the three publishers, who are also settling with the Department of Justice in the federal antitrust suit, will pay a total of $69 million to consumers who bought agency-priced ebooks between April 1, 2010 and May 21, 2012.