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Publishers Worry as Ebooks Fly off Libraries’ Virtual Shelves

Wired – “…After the pandemic closed many libraries’ physical branches this spring, checkouts of ebooks are up 52 percent from the same period last year, according to OverDrive, which partners with 50,000 libraries worldwide. Some public libraries, new to digital collections, delight in exposing their readers to a new kind of reading….But the surging popularity of library ebooks also has heightened longstanding tensions between publishers, who fear that digital borrowing eats into their sales, and public librarians, who are trying to serve their communities during a once-in-a-generation crisis. Since 2011, the industry’s big-five publishers—Penguin Random House, Hachette Book Group, HarperCollins, Simon and Schuster, and Macmillan—have limited library lending of ebooks, either by time—two years, for example—or number of checkouts—most often, 26 or 52 times. Readers can browse, download,join waiting lists for, and return digital library books from the comfort of their home, and the books are automatically removed from their devices at the end of the lending period…”

The rising demand for digital materials has prompted some librarians to shift what they buy, even as they fear shrinking budgets amid the economic downturn. A recent survey of 400 librarians in the US and Canada found that one-third are spending less on physical books, audiobooks, and DVDs, and more on digital versions since the pandemic began. Twenty-nine percent have had their budgets frozen or reduced…”

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