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
RIAA for Libraries
3/5/2012 12:31:55 PM
This is how RIAA got started. First the record companies wanted to make more money and people started resisting by looking for cheap music, copying it from friends which then exploded into all the P2P operations. The record companies wanted to stop the copying and created the RIAA. Now the RIAA is out there suing kids for thousand of dollars for copying songs of which the artist gets little or no cash from.
Now the big name publishing companies want to raise more money so they raise there prices generating a society of copiers, then PIAA(Publishers Industry Association of America) will be created which then sues little Johnny for borrowing a copy of a Dr. Seuss book.
All this is caused by the fact that there is no way to stop digital copying, people want lower cost products and lawyers want to make more money. If we don't learn from history we are doomed to repeat it.
“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
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
Target Data Breach Compromises 40 Million Customer Credit/Debit Cards
December 19, 2013, 12:06 PM
Netflix to Stream House of Cards in 4K via HEVC H.265 Compression
December 19, 2013, 11:38 AM
Overzealous Porn Filters in the UK Block Educational Sites
December 19, 2013, 10:30 AM
Hulu to Hit $1 Billion in Revenue by End of Year
December 18, 2013, 1:35 PM
Harvard Undergrad Busted by Wi-Fi after Making Bomb Threat to Avoid Finals
December 18, 2013, 10:37 AM
San Francisco's Market Street Receives Free Outdoor Wi-Fi
December 17, 2013, 11:14 AM
Most Popular Articles
China's Lunar Rover Enters Orbit, Prepares for Historic Sat. Landing
December 13, 2013, 5:00 PM
China's Moon Rover Lands Safe and Sound, Starts Snapping Pics
December 16, 2013, 1:22 PM
Top Microsoft Graphics Genius Defects to Google
December 17, 2013, 4:27 PM
Report: Fusion Fail? Softbank Wants to Merge Sprint and T-Mobile
December 15, 2013, 6:12 PM
NSA Debates Granting Snowden Amnesty if He Keeps His Mouth Shut
December 16, 2013, 1:17 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information