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 12:48:54 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.
"If you mod me down, I will become more insightful than you can possibly imagine." -- Slashdot
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 Fiber Finally Heading to Austin, Texas in December
October 16, 2014, 11:48 AM
Dropbox Flexes Security Muscle, Appears to Have Squashed Password Breach
October 15, 2014, 12:12 PM
U2’s Bono Apologizes for Forced “Songs of Innocence” Album Downloads
October 15, 2014, 7:55 AM
Google Launches "Same-day Delivery" Subscription Service for $95/year
October 14, 2014, 10:37 AM
Netflix 4K Content to Cost Subscribers Extra $3/Month
October 13, 2014, 8:01 AM
Marriott Slapped with $600k Penalty by FCC for Jamming Mobile Hotspots
October 3, 2014, 2:16 PM
Most Popular Articles
Google Announces Android 5.0 “Lollipop”, Nexus 9 Tablet, and Nexus 6 “Phablet”
October 15, 2014, 12:41 PM
Cool Science Video of the Day: Carnivorous Leech Eats Giant Jungle Worm
October 16, 2014, 6:44 PM
Oops! Apple Outs iPad mini 3, iPad Air 2 via iTunes Store
October 15, 2014, 1:32 PM
HBO, CBS Lead Charge to Ditch Cable
October 16, 2014, 4:40 PM
Google Offers $99 Nexus Player w/$40 Controller for Android Set-Top Streaming, Gaming
October 15, 2014, 3:01 PM
Latest Blog Posts
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information