Fair Trade: Random House Will Raise Library E-book Prices, But Commits to E-Book Lending – Publisher’s Weekly – Andrew Albanese
Never has a price increase been such good news for libraries. At a meeting with ALA leaders this week in New York, Random House officials said the “terms of sale” for Random House e-books to libraries will change, with a price increase coming. But the publisher reiterated its commitment to library e-book lending, saying they would continue to enable e-book lending of their entire list for both adult and children’s titles, backlist and frontlist, without restriction.
Definitely a fair trade. Continuing on from the article, RH is trying to have all parties benefit: the authors, the readers, the libraries, the publishers. Seems like a good deal for such a touchy subject.