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Those who bought New York Times bestsellers in the appropriate window of time will receive between $6.05 and $6.54 per e-book. Non-bestsellers will result in compensation of between $1.39 and $1.50 per e-book. E-book purchases from Amazon, Apple, Barnes & Noble and Kobo will result in an automatic account credit.
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I wonder how much consumers would have gotten if the States Attorneys had refused to negotiate a settlement with them. In retrospect, negotiating when they had such a clear-cut legal case against them looks odd.
And why credits? A store credit encourages spending with place extending the credit. Give me a check (or the option of a check) to deposit into my bank account and spend as I please. My money shouldn't be held captive by the rule-breaker.
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The settlement applies only to American citizens, and does not apply to rented, free or gifted e-books.
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Why not gifted e-books? That's another settlement oddity.