Thing-ology on the library ebook market

Thing-ology has an interesting post on the economics of ebooks in libraries. They argue, essentially, that libraries need site-licensed copies of ebooks rather than ones tied to specific physical devices; this will split the library and direct-to-consumer ebook markets and allow for runaway rental/licensing costs for library ebooks. There’s an apt comparison to runaway journal costs for academic libraries.

I think this argument has a lot of merit to it (although I do think the markets aren’t entirely split, and the existence of the consumer market puts a cap on the licensed market; your site license for 25 simultaneous uses can’t cost much more than 25 direct-to-consumer, device-linked copies before buyers start fleeing). It also reminds me of the horrible angst that is the textbook market — it points out that for many books prices are held down because used books compete with new, and this downward pressure stops holding in a rental-based model, because there is no secondary market. There is, of course, a thriving market in used textbooks, but one which publishers vigorously combat via incompatible new editions, included software, and (soon and increasingly, I’m sure) digital textbooks on a rental model — just like the ebooks picture Thing-ology paints for the library.

out-of-print books

Google has rights to a gazillion out-of-print books, people freak in expected manners, Globe article here.

One of the things that came up in my library automation class is the place of database aggregators in the marketplace. There are lots of databases out there, and it’s not realistic for every library to negotiate contracts separately with every database it might want, so you get these organizations with the clout and capacity to negotiate these bulk deals and resell them to libraries, who then only have to (and only get to) negotiate with one vendor.

The case of out-of-print books seem similar: many of the people and institutions who might be interested in having access to some of them don’t have the know-how, time, money, etc. to negotiate those rights. So one of the few organizations that does have the ability to do so on a grand scale, does so — and immediately you fall into problems of monopoly.

Which raises the question of whether there’s anyone who actually *can* get those orphan books to the light of day, some entity living in a narrow slice between practicality and regulation.