

Google has also agreed to change its plans for the funds obtained from the sale of "orphan works". Instead of holding the funds itself for five years as originally suggested, Google has agreed to turn the funds over to a third party fiduciary who would hold the funds for ten years and then donate them to charity. 25% of the orphan money would go towards trying to find these missing authors or their heirs. So at least in the new agreement Google has promised to try and find to the orphans' real parents after stepdaddy Google has sold the kids down the river. Google also explicitly promises in the new agreement to allow its competitors such as Barnes and Noble and Amazon a right to access the online database and to make sales from it as well.
This is a story where our government actually seems to have functioned pretty well. The Department of Justice stepped in in this case and stopped Google from obtaining an illegal monopoly over the world's printed knowledge, and still found a way to allow many of these fantastic books to be accessed by the public.
Here are some links to great web pages about this story. I have a link to Google's official statement about the new agreement and a link which leads you to the actual agreement submitted to federal court.
http://searchengineland.com/revised-google-book-settlement-filed-29814
http://www.openbookalliance.org/2009/11/is-the-google-settlement-worth-the-wait/
http://www.businessweek.com/the_thread/techbeat/archives/2009/11/google_books_sc.html
http://googlepublicpolicy.blogspot.com/2009/11/modifications-to-google-books.html






