ACRC

Google recently reached a settlement with Authors Guild and the Association of American Publishers (AAP) to drop their law suits against Google over its Book Search programme. In return, Google will be forking out US$125 million to set up an independent “Book Rights Registry” to compensate copyright holders and pay authors for use and sale of their works.

Read more about this landmark agreement:
Economist: Digital books – A new chapter
Channel News Asia: Google settles copyright dispute with authors, publishers
Search Engine World: Google Turns Another Page In Book Scanning Program With $125 Million Settlement
Google: Book Search Copyright Settlement