Google Settles Online Book Lawsuit

Stock quotes in this article: GOOG  

"It's hard work writing a book, and even harder work getting paid for it," said Roy Blount, president of the Authors Guild, in a statement. "As a reader and researcher, I'll be delighted to stop by my local library to browse the stacks of some of the world's great libraries. As an author, well, we appreciate payment when people use our work. This deal makes good sense."

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