US college students will spend an average of $361 each in preparation for the new school term, 50% want to buy an ereader and 73% a portable games console.
Consumer research group Alloy Media + Marketing released a report on July 7 detailing a 13% rise in ‘back to school' spending by US college students, giving a combined total of $306 billion.
A UN treaty called the WIPO Copyright Treaty requires countries to pass laws protecting "software locks" (also called DRM or TPM). Countries around the world have adopted the treaty in different ways: in the US, the Digital Millennium Copyright Act prohibits all circumvention of software locks, even when they don't protect copyright (for example, it would be illegal to for me to break the DRM on a Kindle to access my own novels, were they sold with Kindle DRM).
Note: This case is currently before the US Supreme Court.
Let's say a relative gave you an imported Omega watch over the holidays. It's a nice piece, but it's not exactly your style, so after agonizing over the issue for the appropriate number of months, you decide to sell it over eBay.
Not so fast. Thanks to a decision by the Ninth Circuit Court of Appeals, that might not be so easy. In fact, the store that sold it, Costco, shouldn't have sold it in the first place, the court recently ruled, because the doctrine of "First Sale" has limits. Section 109 of the Copyright Act says that a copyright owner of a product has the sole initial right to distribute it. Then the subsequent buyers have the right to "to sell or otherwise dispose of the possession of that copy"—in other words, sell it again.
Upton Sinclair famously said that “it is difficult to get a man to understand something when his salary depends upon his not understanding it.”
I keep putting facts about publishing’s commercial realities that I think most of the smart people running things accept together with forecasts for the future that I think most of the smart people running things accept and coming up with a view of where we’ll be sometime pretty soon that I find very few people will accept.