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Random House Settles E-Book Suit

From the press release at Rosettabooks.com: “RosettaBooks LLC, a leading publisher of electronic books, and Random House, Inc., the largest English-language trade book publisher, announced today that they have settled the pending litigation filed by Random House last year over RosettaBooks’ publication of e-book editions of several Random House, Inc. titles. With no financial payment being made by either party, both sides agreed to settle their differences by partnering in further developing the e-book market through a collaborative endeavor that will expand both RosettaBooks’ already substantial e-book library and the quantity of major Random House, Inc. titles available to consumers as secure electronic downloads.”

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