July 20, 2025

Foreshadowing, Conclusion

This week, a judge allowed a group of authors’ class action copyright suit against Anthropic to move ahead, with experts saying the AI company could face a billion-dollar settlement. HarperCollins will add anime powerhouse Crunchyroll’s manga publishing operations in France and Germany to its portfolio. McGraw Hill announced plans to go public, eyeing a valuation of $4.2 billion. Vault Comics and Aethon Books are doubling down on their plan to bring more bestselling digital titles to print, building on a partnership that began last August. And the Diamond legal drama continues as nearly 130 publishers await a ruling next week that will decide the fate of their inventories.

On July 16, the NBA Summer League and Las Vegas-Clark County Library District officials celebrated Library Day with exhibition games at the Thomas & Mack in Paradise, Nev. At half-time, Library District executive director Kelvin Watson (c.) presented NBA Summer League cofounders Warren LeGarie (l.) and Albert Hall (r.) with the library district’s new NBA Summer League library card, which features book recommendations from NBA superstars Steph Curry, LeBron James, and more.
(Courtesy the Firm PR)

Senate Hearing Debates AI Training on Copyrighted Works

After hearing testimony from five witnesses, including author David Baldacci, Senator Josh Hawley concluded that if the way tech companies collect content to train their AI models isn’t copyright infringement, then “we need to change the law.” Hawley described AI firms as perpetrating “the largest intellectual property theft in American history.” more

HarperCollins Acquires Crunchyroll’s Publishing Operations in France, Germany

HarperCollins Publishers has announced that it will acquire the manga publishing operations of global anime brand Crunchyroll in France and Germany. The purchase marks HarperCollins’s latest expansion in the manga market. more

McGraw Hill Files for Public Offering

With total revenue topping $2 billion and digital sales accounting for 65% of sales in the fiscal year ended in March, the education company intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its term loan. more

Vault and Aethon Expand Their Print Offerings

The genre-heavy indie publishers, one focused on print and the other on digital, have joined forces on a new imprint that will release print books from indie and Aethon authors whose works have only been published in e-book or audio formats. more

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