OverDrive to offer Cost-per-Circ Model for [Some] Ebooks and Audiobooks to Schools and Libraries

Later in 2017, libraries and schools working with OverDrive will see a new option for purchasing eBooks and audiobooks: Cost-per-Circulation (CPC). As stated by OverDrive: “This addition enables any school or library to provide a patron-driven acquisition (PDA) model to select titles from [the OverDrive] catalog. CPC joins other PDA models in OverDrive’s catalog including Recommend to Library and Demand-Driven Acquisition. Based on a popular model in academic markets, OverDrive has offered Cost-per-Circ for some of its Streaming Video suppliers since 2013. Libraries and schools that select content available under the CPC model will only incur a charge when a reader borrows a title.”

Simon & Schuster Audio, Baker Publishing and Lerner Publishing are among the first to provide libraries and schools additional options via OverDrive.

This shows signs of maturity on the part of the publishers participating, and is a step in the right direction for OverDrive.  CPC model is in a way a stepping stone to the model that holds a lot of promise for public libraries: pay-as-they-read (the model that removes the idea of borrowing/lending from the equation entirely and empowers libraries to simply enable as much reading/listening as possible).

Read more on OverDrive’s blog.

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