Books from the Connect store were terribly expensive, and there was too much pressure to own digital titles, rather than rent them out, like a for -
pay library model.
Not exact matches
Subscription - based
models a la Netflix or Rdio — where users
pay a regular fee for access to the service's
library without owning the movies or music — will be increasingly dominant, said Dina Leytes, practice group chair of intellectual property and new media for Griesing Law in Philadelphia.
Most of this $ 10 billion industry is still tied up with subscriptions,
paid primarily by
libraries, but a growing slice comes from gold open - access publishing, the business
model in which authors of accepted papers
pay up front for their publication.
You have to go to the
library, maybe the book has been checked out and you have to come back another time... With ebooks, you sit on your couch in your living room and go to the
library website, see if the
library has it... You get the book, read it, return it and get another, all without
paying a thing... How is that a good
model for us?»
The
pay - per - use
model will sit alongside the up - front payment
model within the Cloud Library, allowing
libraries to mix and match how they wish to purchase content.
Libraries will be able to benefit from a new transactional,
pay - per - use lending
model from OverDrive for the first time.
As US
libraries and subscription
models struggle with publishers and rights holders on how to ensure that revenue reaches the right people under lending
models, the National Library of Norway seems to have hit on a
model that works for them: just give the books away online, and
pay the publishers yourself.
Last week we discussed the new «cost - per - circulation» (CPC)
model for public
libraries — in which they can make e-books available to patrons and
pay the publisher per «loan» instead of
paying fixed fees to «acquire» titles as if they were print books (the «pretend it's print» or PIP
model).
The prospect will provide publishers with a wide range of possibilities to employ new business
models, whereby
libraries will be able to offer e-lending services in keeping with the new trends in content consumption (book club streaming services,
pay - as - you - read, etc..)
A
library who participates in OverDrive is a subscription
model, just as a single user who
pays a monthly fee for Oyster or Scribd is as well.
This system is still in its infancy and there is little financial information available on the costs
libraries are
paying or if the business
model has long - term viability.
Hoopla has an innovative
model that has their entire catalog of books and comics available for online
library lending, but the
library only
pays for the titles that are checked out.
How they are seeing authors make hundreds of dollars through the aforementioned
library «
pay per use»
model, which is a huge opportunity, as well as through sites most authors might not be
paying much attention to, including Playster.
The app operates on a
pay - per - circulation
model, like Freading, so
libraries don't have to deal with purchasing multiple copies to enable simultaneous use.
«We generally believe that the current pricing
models are not sustainable, and that
libraries can not develop collections of critical size if they're
paying $ 90 per title or re-buying titles every year,» Anthony said.
ODILO's easy - to - use eBook platform, quality content, and flexible lending
models (One - Copy / One - User,
Pay - per - Use, Simultaneous, and Subscription) help schools and
libraries better serve their students, educators, and families.
Bowles said the
library would prefer a «hybrid
model» with lower prices and no restrictions for a certain number of copies, adding that she understands the organization does need to «
pay a premium.
Total BooX's fair - for - all business
model puts
libraries in the driver seat, allows them to set the annual budget, keep track of patrons» activities, gain insight into their reading interests, and
pay only for the content read.
As I'll explain in detail later, an endowment would be one way to help guarantee perpetual access to books even if
libraries paid per - use fees (yes, the ideal
model from a strict
library perspective would be full ownership or, better yet, no limits on use whatsoever — with rights holders
paid in advance for removal of all sharing restrictions).
This
model, which relies solely on
pay - per - transaction, is a great alternative for
libraries who balk at the cost of joining one of the major digital supplier's subscriptions.
They also are predicting that in 2015 more companies will embrace the Hoopla
model, which provides the
library with their entire content catalog and adhere to the
pay - per - use
model.
This
pay per use
model means there are no longer any holds or unavailable books, as
libraries only
pay when patrons consume content.
To help consortia and
library groups stretch their budgets further, ODILO offers various lending
models, including one - copy / one - user,
Pay - per - Use, simultaneous access, and / or subscription.
That combo of requirements — curation and large volumes of titles — Singer says «led us to the conclusion that the pricing
model of not
paying royalties in exchange for the broad marketing and discovery opportunity that getting content into public
libraries would provide to self - published authors» was the way to go.
If a fiction
model were devised for
libraries, it would most likely follow the cartel bundling
model:
pay X amount of $ a year, get all the ebook versions of the bestsellers from Publishing House Y. Add a few extra 000s to that subscription price and they'll throw in their back catalog of midlist authors.
Total BooX seeks to eliminate this frustration by providing a multi-user, simultaneous access
model, with
libraries paying only for the parts of the books their patrons read.
Unlike traditional
library models, you'll get
paid when a
library patron checks out your book instead of charging the
library up front.
ODILO offers this
Pay - per - Use (PpU) lending
model for
libraries.
Buffy Hamilton, Librarian at Creekview High School in Georgia, noted, «If Amazon would offer a licensing
model designed more for the
library market, I'd be willing to
pay a few more dollars in exchange for the ability to put the e-book on more devices.
hoopla offers a digital catalog of content to
library patrons, and
libraries pay based on a
pay - per - circulation
model.
Yes, even in this
model somebody has to buy the book — the
library can't provide access to it until they have
paid for it, eventually offering a much more limited catalogue than they potentially could.