S&S Now Offers Libraries a Two-Year License at 150% of the Sale Price

  • 15943027233_ec39a433ef_hSimon & Schuster has debuted new license terms for library ebooks.  Where the publisher used to charge libraries an above the consumer market price for an expiring one-year license, it's now also offering a two-year license for 50% more.

OverDrive says that the program is being tested with a limited selection of titles:

For new purchases, libraries will now have an option to select from over 550 eBook titles for either the current one-year lending term, or a new two-year term, with the second year being 50% off.  For example, Tales from a Not-So-Happily Ever After is available for a one year price at $12.99, or for a two-year term for $19.49. eBooks offered with this new two-year option include fiction and nonfiction best-sellers, front list releases, and engaging fixed-layout EPUB titles for children and young readers. You can view the full collection here.

FYI: That ebook can be found in the Kindle Store for $10.

S&S is not the only publisher to overcharge libraries. As we can see from Douglas County Libraries' Monthly eBook Price Report, libraries routinely pay more than consumers. Hachette and Random House sell ebooks at a steep markup, while Penguin and HarperCollins sell ebooks under an expiring license, but Macmillan takes the crown. This publisher sells ebooks for up to $25 per copy under a license that expires after two years.

image by state_libraryofohio

 

About Nate Hoffelder (11582 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

1 Comment on S&S Now Offers Libraries a Two-Year License at 150% of the Sale Price

  1. I might be going against the general consensus but I don’t have a problem with limited circulation titles sold at the right price. I do however dislike the metered by time licence option, like the 12 and 24 months, as you really are taking a gamble with your purchase. At least with the limited circ titles you hope that you will get your circs eventually. I think it is also fairer to the creator (ignoring how much actually gets to the creator after the publishers cut) to have limited circ titles.

    In my ideal world libraries would pay the same shelf price as the consumer and the circs would be decided on what a fair amount of circs would be. The usual is 26, which I think is too little.

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