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Alliance Of Independent Authors | Self-Publishing News | August 16, 2025 | With Dan Holloway

News Summary: Anthropic Faces High-Stakes Lawsuit, Australia Rules Against Apple, and Wattpad Reflects on Radish Demise

We end the week with a round-up of a few stories that have caught my eye, each of which builds upon things that have been rumbling on for some time. We start with an update on what is now the class action against Anthropic in relation to its alleged use of pirated copies of copyright-protected works. Class action lawyers have joined the case, and the Association of American Publishers is offering to act as a contact point for those wishing to be part of the suit. Meanwhile, Anthropic has appealed against the decision that the case can proceed as a class action.
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Wattpad

Self-Publishing News: Wattpad Parent Company Webtoon Receives Nearly $3B Valuation in IPO

Last week, we saw another reminder that there are actually bigger parts of our world than the traditional publishers, including Wattpad. Remember when Simon & Schuster was up for sale, and the valuation was just north of $2 billion? I’m fairly sure I commented at the time on the fact that although we think of the big traditional publishers as the behemoths of our industry, the figures didn’t stack up.
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