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Anthropic agrees to pay $1.5B to settle lawsuit with book authors

(www.nytimes.com)
989 points acomjean | 1 comments | 05 Sep 25 19:52 UTC | HN request time: 0s | source
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Aeolun ◴[06 Sep 25 00:10 UTC] No.45145206[source]▶
Why are they paying $3000 per book. Does anyone think these authors srll their books for that amount?
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1. gpm ◴[06 Sep 25 00:22 UTC] No.45145294[source]▶
Copies of these books are for sale for much less than that - very very few books demand a price that high.

They're paying much more than the actual damages because US copyright law comes with statutory damages for infringement of registered works on top of actual damages, between $200 and $150,000 per work. And the two sides negotiated this as a fair settlement to reduce the risk of an unfavourable outcome.