> During the past decade, publishers and booksellers have consolidated at a rapid pace > At the beginning, we were really trying to replicate what happens on t

> During the past decade, publishers and booksellers have consolidated at a rapid pace > At the beginning, we were really trying to replicate what happens on the print-book side > In 2011, HarperCollins introduced a new lending model that was capped at twenty-six checkouts, after which a library would need to purchase the book again. Publishers soon introduced other variations, from two-year licenses to copies that multiple readers could use at one time, which boosted their revenue [...] Sums it up.