A great article is available on the Library Renewal siteÂ – $2 BILLION FOR $1 BILLION OF BOOKS: THE ARITHMETIC OF LIBRARY E-BOOK LENDING written by Jonathan Chambers.
Here is a clip from the introductory material:Â Library Renewal wants to help libraries build a powerful new way to get econtent to their patrons. We envision a new infrastructure, one that is vastly improved, equitable and fairly priced (with hidden costs eliminated). In order to figure out exactly how to make something like that a reality and create an actionable plan we have been busy doing research and meeting with experts from a variety of areas. Weâ€™ve naturally talked with plenty of library folks, but we have also actively included and sought out others that have legal, business and publishing expertise. Jonathan Chambers, the author of this piece, fits that bill perfectly and has worked directly with us a great deal over the past year. Here youâ€™ll see the sort of approach some folks working with Library Renewal are thinking about. We (both Library Renewal and Mr. Chambers) would love to hear your reactions to this post in the comments.
*note* While the pricing changes implemented very recently by Random House are not factored into the dollar amounts discussed here, that in no way changes the conclusions that are drawn in this piece. Drastic changes like what we have been seeing related to libraries and econtent are endemic to the systems currently in place. We believe that these sorts of market shifts serve to strengthen the premise that specific types of action are in order and that Library Renewal is the perfect partner for that work. Enjoy!