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February 05 2012
Random House reaffirms commitment to library e-book lending while raising prices to wholesalers
The Digital Shift :: After an “upbeat and productive” meeting with leaders of the American Library Association, or ALA, on Tuesday, Random House reaffirmed its commitment to library lending of the company’s entire portfolio of ebook titles. At the same time, the company has announced that effective March 1 it is raising ebook prices that it charges library wholesalers such as OverDrive, 3M, and Ingram, which set the ultimate price libraries will pay to lease ebooks.
“Our commitment to libraries, as imperative to our momentum, if not to our existence as publishers, is greater than ever,” said Stuart Applebaum, a Random House spokesperson, who characterized the meeting with ALA as upbeat.
Continue to read Michael Kelley, www.thedigitalshift.com
