Random House Raises E-Book Prices for Libraries as Much as 300 Percent
March 5, 2012 10:14 AM
comment(s) - last by
Libraries are upset by the cost of e-book lending, which has now tripled
Book publisher Random House has tripled the price of many of the
it sells to libraries, and the understandably the decision is raising quite a few eyebrows.
"The first thing that popped into my head was that Random House must really hate libraries," said Kathy Petlewski, a librarian from Plymouth.
Last month, Random House announced that it would be making some changes to the way it sells e-books to libraries, including price increases. But libraries didn't expect cost boosts as high as 300 percent, where no titles are offered under $25. Some even go as high as over $100 per title.
While the price hike is a significant one,
made the argument that book publishers are trying to create a model with selling e-books that somewhat resembles the model it had with physical books. E-books can easily be duplicated and can never be damaged, meaning libraries never pay for replacements. While publishers win by being able to deliver e-books to several markets faster, they're now looking to benefit a little more in the financial aspect.
However, libraries are really the ones that stand to lose, since they are already battling with funding issues. There are also other services like
Amazon's Kindle Owners Lending Library
, which allows Amazon Prime members to borrow up to one book per month for free without any due dates. The e-books are downloaded right to the Kindle device once selected.
Random House may have put libraries in a tough spot, considering many popular titles have come from the publisher, but it's not the only one giving libraries a hard time. For instance, Hachette and Macmillan have only made part of their list of e-book titles available to libraries, HarperCollins puts a 26-use expiration on its library e-books, and others like Simon&Schuster and Penguin don't even let libraries lend out their e-books.
Some major publishers have acted up in the past as well, potentially harming any competition. Last year, the European Commission opened a
formal antitrust investigation
into whether Hachette Livre (Lagardère Publishing France), Harper Collins (News Corp., U.S.A.), Simon & Schuster (CBS Corp., U.S.A.), Penguin (Pearson Group, United Kingdom) and Verlagsgruppe Georg von Holzbrinck (owner of inter alia Macmillan, Germany) have been practicing anti-competitive tactics with the help of Apple.
In December 2011, the
U.S. Justice Department climbed aboard
the investigation as well.
This article is over a month old, voting and posting comments is disabled
RE: Purpose of libraries in the digital age?
3/5/2012 12:19:05 PM
Personally, i like books, i will have nothing to do with a kindle or such.
Not to mention, i can walk around the corner to the local library and borrow a book to read free of charge, if they don't have it, i give them the name and ISBN and they will have it for me a week later. Free. Most any book i care to read is not available for me to read for free if looked for online, money is involved. No thanks, i'll take a library thanks :) Long live books :D
RE: Purpose of libraries in the digital age?
3/5/2012 12:48:54 PM
I own 1300 piece physical books Collection.
I have no intention of buying EBOOKS !
They are worthless to me.
Nor do I ever want to see Libraries die.They serve a very useful function and must not go away.
These Publishers are like the MPAA & RIAA and they are nothing but a bunch of greedy rich dicks.
"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
U.S. Justice Department Climbs Aboard E-Book Antitrust Investigation
December 8, 2011, 10:11 AM
European Commission Targets Apple, Publishers in E-Books Antitrust Probe
December 6, 2011, 12:55 PM
Penguin Group Restores Kindle E-Book Lending Until End of the Year
November 24, 2011, 9:30 AM
Amazon Launches Kindle Owners' Lending Library
November 3, 2011, 9:39 AM
Google plans ultra-fast wireless Internet for Research Triangle Park, N.C.
August 12, 2016, 6:30 AM
Twitter Senior VP: "Diversity is Important, But We Can’t Lower the Bar"
November 9, 2015, 9:59 AM
CNN Resorts to Internet Censorship to Promote Clinton Over Senator Sanders
October 15, 2015, 2:47 PM
Breaking Bad: How to Crash Google's Chrome Browser With Just 8 Characters
September 23, 2015, 11:08 AM
Quick Note: Amazon UK Offers £10 Back on Any Order £50 or Over
August 3, 2015, 12:05 PM
Editorial: Reddit Allows Itself to be Hijacked as a Hate Platform For Racist Bigots
July 21, 2015, 6:32 PM
Most Popular Articles
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
UN Meeting to Tackle Antimicrobial Resistance
September 21, 2016, 9:52 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Update: Problem-Free Galaxy Note7s CPSC Approved
September 22, 2016, 5:30 AM
Latest Blog Posts
Burlington Gun Attack
Sep 27, 2016, 5:00 AM
Who is in Risk of Getting Oral Cancer?
Sep 23, 2016, 6:02 AM
France Bans Plastic Eating Utensils in Restaurants
Sep 18, 2016, 10:49 AM
Progress Against Acute Myeloid Leukemia
Sep 17, 2016, 5:30 AM
Apple Watch Series 2 - Number 1 in the Customer Satisfaction.
Sep 7, 2016, 6:19 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information