Google pays peanuts for pole position

This morning’s Observer column

Is there such a thing as a ‘win-win’ situation? Journalistic cynicism says no. What the phrase usually means is that some people get more than they deserve and others get less – but not so little that they scream blue murder. The big puzzle about the ‘ground-breaking settlement’ announced last week between Google and its legal opponents, the Authors Guild and the Association of American Publishers, is whether it really is – as all parties claim – a victory for everyone…

The Bookseller magazine picked up on this piece and posted a good summary.