It’s been months since the e-book pricing lawsuit began. Now that some parties have reached a settlement agreement, people are starting to receive emails from Amazon and Barnes & Noble about receiving e-book refunds.
According to The Telegraph, Amazon was first to send out the emails, explaining that those who purchased e-books that appeared on The New York Times Bestseller List between April 2010 and May 2012 from the web site would receive $1.32 per book. Non-bestsellers would be worth 30 cents in refunds. The refunds aren’t expected to come in until early 2013.
I personally received a similar email from Barnes & Noble about the refunds. Here’s an excerpt:
Although we are required to notify you now of the settlements, there is nothing you need to do to receive the credits as you will receive them automatically in the form of an electronic gift certificate sent via email. Once the settlements’ claim period ends, the Attorneys General will calculate the amount of your credits. If the Court gives final approval to the settlements, we expect to be able to send you your gift certificate in the first half of 2013.
Hachette, HarperCollins, and Simon & Schuster will be compensating for the refunds, since they agreed to the settlement. Penguin Group, Macmillan, and Apple will be taken to court.