What Do Authors Earn from Digital Lending at Libraries? – by Jane Friedman…

Chris The Story Reading Ape's Blog

Of the many changes wrought by the pandemic on the publishing industry, one of the most dramatic has been on library circulation. OverDrive, the biggest US distributor of digital materials to libraries and schools, saw lending increase by 33 percent in 2020; as libraries closed and stopped ordering print materials, many shifted their budgets to digital collections. But buying and lending digital materials poses challenges for most library budgets.

Ebook and audiobook prices and restrictions have increased over time, making it more expensive for libraries to circulate digital materials.The New Yorker recently covered what the costs look like for an institution such as The New York Public Library: For Barack Obama’s A Promised Land (Penguin Random House), the library system bought 639 one- and two-year licenses for the ebook, paying a total of $22,512. Each copy of the ebook can be lent to one person at a time. (The…

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