There are a number of highly competitive websites out there that compete with each other to provide a mostly free service to borrow and
lend out ebooks.
Lending out a printed book is much easier than
lending out an ebook.
For Amazon Prime members the Lending Library is a super cool perk in which you can
lend out your ebooks and «borrow» a book for free each month.
The details of the deal aren't public, but the NYT specu - reports that Amazon probably «demanded that no other e-book vendors, such as Apple, get preferential access to new titles, or any kind of pricing advantages» and maybe asked for the ability of Kindle users to
lend out ebooks, which would be awesome.
Granted, those business segments are still dwarfed by OverDrive's core business: 95 % of all U.S. public libraries use the company's technology to
lend out ebooks, audiobooks and other electronic content — content that disappears when the lending period ends.
Not exact matches
The
eBooks are
lend out for two days and automatically self delete after expiry.
Refusal to simplify pricing models, and refusal to inter-operate among e-readers and
lending systems, means that libraries will simply opt
out of
ebook adoption entirely — something they can't afford to do if they're going to stay relevant in the future.
The former might lose sales because libraries can
lend ebooks more efficiently (they need fewer websites than physical libraries) and they don't wear
out or get lost.
She took a moment
out of her busy schedule to discuss the evolutionary growth of
ebooks in the library, how the discovery of content is a top priority, what it took to talk Simon & Schuster and Penguin into joining the library
lending model, and how libraries are selling
ebooks.
3M's Library System loves to show up at a packed conference and show off something new and innovative for the world of library
ebook lending, such as at last year's ALA Conference when all the buzz was about the dedicated e-reader designed specifically to be checked
out from local public libraries.
In February HarperCollins announced that its
ebooks could only be checked
out by library patrons 26 times per title, after which a library would need to re-purchase an
ebook in order to continue
lending it
out.
Penguin made waves in the
eBook industry when it pulled
out of Overdrive and all of the other services that facilitated the
lending of
eBooks via your local library.
The essence of the pilot is to carry
out real - time, real - world research into the impact of
eBook lending in public libraries on authors, publishers and on the library service so that a suitable and sustainable model.
The American Library Association held its Midwinter conference this week, but the real news to come from that gathering is that the ALA's key leadership has asked for and gotten a meeting with several major publishers to figure
out where
eBook lending is going from here.
Over 67 % of all libraries based in the USA now carry
eBooks and 28 %
lend out e-readers.
Publisher's Weekly caught up with American Library Association president Molly Raphael at the recent Public Library Association conference in Philadelphia to find
out the latest state of affairs over
ebook lending from public libraries.
Whatever the real number clearly Amazon remains the leading
ebook vendor and its continuing refusal to support library
lending locks libraries
out of the most popular format from the vendor with the best title selection and the lowest prices.
All you need is to do is find
out if your library
lends ebooks and you're good to go as long as you have the requisite library card.
Step 2: If the library
lends out Kindle
ebooks, go to their website and search for the title that you're interested in borrowing.
Since publishers are so concerned with the «perpetuity of
lending and simultaneity of availability» of their
ebooks, I have to wonder if libraries shouldn't just help them
out and hit the STOP button themselves?
«We're now
lending 600
ebooks a day, which works
out to more than 133,000 books in 2012.
From the fight that libraries are still facing over
ebook lending to the snail's pace of digital textbook adoption, as well as the realization from booksellers that they will have to do something to accommodate
ebooks if they plan to keep their doors open with big box and online bookstores breathing down their necks, it often feels like the industry as a whole would like to look the other way and let digital reading burn itself
out.
Simon and Schuster has expanded on a 20 library pilot project and has rolled
out a Nationwide
eBook lending plan.
eBook lending is a relatively new phenomenon and basically allows a user to
lend out a purchased book for up to 14 days.
Libraries are paying a premium for those titles they can get as
ebooks, close to $ 30 for a Random House new release, and have accepted limits in
lending such as only 26 check
outs for each purchased Harper Collins book, and one person having it checked
out at a time.
With the abundance of self - publishing opportunities available to authors now, and even opportunities like library distribution thanks to this morning's announcement that Smashwords and OverDrive are pairing up on
ebook lending, the real stand
out will be in the ways that companies can offer book promotion to their clients.
eBook lending services are starting to blossom and bear fruit, as popular e-reader companies, such as Amazon and Barnes and Noble recently allowed their
eBook owners to
lend out most books for a 14 day window period.
To use the device at participating libraries, patrons can browse the 3M Cloud Library collection and check
out an
eBook from any computer in the library, then visit the appropriate
lending desk to have the title loaded onto a NOOK GlowLight.
While many e-reader recipients would logically be expected to open user accounts with the platform that serves their e-readers and then follow through with a few
ebook purchases in the post-gift giving excitement, it actually speaks volumes about where consumers choose to spend their dollars and
lend their support that patrons were checking
out ebooks on Christmas.
In the ongoing tensions between major publishing houses and public libraries over
ebook lending, patrons have lost
out on the opportunity to borrow bestselling digital titles but it may prove to be the reason readers turn to some smaller publishers» works instead of the Big Six in the coming year.
But the latest drama to come
out from the
ebook lending world seems a little too coincidental.
Many
eBooks have 14 day
lending windows in which you can loan
out your book and get it back after the expiration period.
Upon reading the article
eBook Fling responded «I feel that people will using
lending to try
out new authors, try
out unknown titles, and try to source some of their books cheaper.
«I sought
out Amazon because I believe the Ripper book
lends itself to a high - tech
ebook format that's not really been done,» said Cornwell in an interview with GoodEReader.
Users could then
lend the
eBook out to a fellow Nook user one time for up to two weeks.
I understand that
ebooks are a tougher nut to crack because you can
lend out as many copies of the same book as you please, that's why a legitimate way to
lend needs to be created across platforms.
Random House basically said that the price hike reflects the
lending patterns of
ebooks, and said digital books can be loaned
out endlessly.
Libraries are building more synergy with selling
ebooks, rather than just
lending them
out for free.
«The 3M Cloud Library
eBook lending service has simplified the discovery, browsing and check
out process for
eBooks so that more patrons can enjoy the digital content their library provides.»
There has been a lot of tension about
ebook lending since Big Six publisher Harper Collins limited libraries to only 26 check -
outs of their titles.
Some of the popularity of
ebook lending libraries that OverDrive has noted for the calendar year 2011 through September 30th include almost triple the number of
ebook check -
outs over all of 2010, more than two million new users signed up for this year, and a rise in smartphone reading to account for 21 % of all
ebook checkouts.
Recently the company changed a longstanding decision for unlimited downloads of their
ebook to it now expiring after 26 times
lent out.
In the ongoing tensions between major publishing houses and public libraries over
ebook lending, patrons have lost
out on the opportunity to borrow bestselling digital titles but it... [Read more...]
It wasn't long before
ebook lending libraries appeared, followed closely by libraries that actually loan
out the e-reader device to patrons who don't own compatible hardware that will enable them to borrow
ebooks.
She said «eBookFling is an
ebook swapping community that helps people get the most
out of their e-reading experience by helping them find people to
lend books with.»
It wasn't long before
ebook lending libraries appeared, followed closely by libraries that actually loan
out the e-reader device... [Read more...]
You are not allowed to resell any
ebook you purchase, you can barely
lend it
out and you need specific instructions dictated to you on... [Read more...]
To answer your question the difference with an
ebook from a book being checked
out traditionally, as you put it, is that a paper book can only be
lent so many times before it deteroriates, and a new copy must be purchased.
There is a somewhat confusing rule that Kindle
eBooks in the 35 percent royalty level can opt
out of this
lending program, but those in the 70 percent royalty level can not.
Though the page turn buttons ought to be bigger and entering text with the on - screen keyboard is a drag, the Kindle saves you money not only with its low price but also with a new
eBook lending feature that lets you take books
out of the library or borrow them from friends.