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> According to Sargent, 45% of Macmillan's e-books were being borrowed from libraries, a number he says is growing rapidly. That sounds like a big number. I do
by noveltyaccount 7y ago
> According to Sargent, 45% of Macmillan's e-books were being borrowed from libraries, a number he says is growing rapidly.
That sounds like a big number. I don't know how much an author makes from a library borrow compared to a regular purchase, but I'd wager increased library borrowing is a net bad thing for author paychecks. So MacMillan is trying the same tactics movie studios use (I sure can't borrow a DVD from my library when the film is in theaters, let alone buy it) to throttle free access when a book's value is highest (new release). This seems reasonable to me.