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Author: Subject: Hachette to Sell Frontlist Ebook Titles to Libraries
Michy
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[*] posted on 5/6/2013 at 01:04 AM
Hachette to Sell Frontlist Ebook Titles to Libraries


http://www.thedigitalshift.com/2013/05/ebooks/hachette-to-sell-fron...


Following two years of pilot tests with the New York Public Library (NYPL) and others, Hachette Book Group today announced that it will once again sell its frontlist ebook titles to libraries, beginning on May 8. Hachette had discontinued the sale of new ebooks to libraries in July 2010, although the publisher continued to offer digital audiobooks, as well as a selection of backlist ebook titles published prior to April 2010.

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New titles will be made available to libraries immediately upon publication, and Hachette will charge libraries three times the retail hardcover price for new releases. One year after publication, the purchase price will drop to one and a half times the cost of retail, according Hachette’s announcement. These ebooks are then “owned” by the purchasing library. Licenses do not expire, and titles can be checked out an unlimited number of times under a one book/one user model.

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Yet while the situation is improving, “many issues still need to be sorted out,” Marx adds. Between the expiring licensing terms or loan caps or imposed by HarperCollins, Penguin, and Simon & Schuster, or the significantly higher-than-retail prices charged by Random House and Hachette, ebooks remain very expensive for libraries, during a period of rising demand and declining budgets.





Love and stuff,
Michy
~~Infinite Diversity in Infinite Combinations~~


Do just once what others say you can't do, and you will never pay attention to their limitations again." James R. Cook

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