UK's Bloomsbury rises on Anthropic copyright settlement
22/07/2026 08:37
BUZZ-UK's Bloomsbury rises on Anthropic copyright settlement ** Britain's Bloomsbury Publishing BLPU.L shares up 1.9% at 654p
** Co among beneficiaries of a $1.5 billion settlement that resolves claims Anthropic used copyrighted books to train its AI models without purchasing the content
** U.S. court identifies 14,087 of Bloomsbury's titles covered by settlement, with proposed compensation of about $3,000 per title, split equally between the author and publisher
** Co says settlement proceeds to be spread over several payments estimated to begin in H2 FY27
** YTD, stock up 37.7% including session gains
(Reporting by Anushka Chourasia in Bengaluru)
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