Mike DiPiano, managing general partner of NewSpring, who now joins Open Road's board of directors, said, «There is huge disruption in the publishing industry as business
models are rapidly evolving and
ebooks are becoming a greater share of
overall trade book sales.
One of the benefits to the subscriber libraries that comes from using a subscription
model, at least at the onset of
ebook lending, is it allows them to track patron usage, user interest, and
overall lending data so that they can do a better job of applying their budgets to digital content.