Advertisement
Canada markets open in 4 hours 18 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7313
    +0.0015 (+0.21%)
     
  • CRUDE OIL

    82.96
    +0.15 (+0.18%)
     
  • Bitcoin CAD

    87,674.81
    -3,122.07 (-3.44%)
     
  • CMC Crypto 200

    1,358.56
    -24.01 (-1.74%)
     
  • GOLD FUTURES

    2,339.70
    +1.30 (+0.06%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,497.00
    -167.50 (-0.95%)
     
  • VOLATILITY

    16.17
    +0.20 (+1.25%)
     
  • FTSE

    8,095.90
    +55.52 (+0.69%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

Top U.S. publishers sue Amazon's Audible for copyright infringement

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves

(Reuters) - Amazon.com Inc's Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block a planned rollout of a feature called 'Audible Captions' that shows the text on screen as a book is narrated.

The lawsuit was filed by seven members of the Association of American Publishers (AAP), including HarperCollins Publishers, Penguin Random House, Hachette Book Group, Simon & Schuster, and Macmillan Publishers.

"Essentially Audible wants to provide the text as well as the sound of books without the authorization of copyright holders, despite only having the right to sell audiobooks," AAP said in a statement.

The lawsuit was filed in the United States District Court for the Southern District of New York.

Audible did not immediately respond to a request for comment.

(Reporting by Ayanti Bera in Bengaluru; Editing by Anil D'Silva)