In early 2013 we will launch library lending of e-books. As you probably know, we have not sold e-books to libraries to date, though we have been working for three years to find a model that works for the libraries, but that didn’t undermine our retail partners and didn’t jeopardize our fundamental business model. We have found a model we believe works for a limited part of our list, so we will now move forward.
From Macmillan CEO, John Sargent on the Tor.com blog
“A limited part of our list”. It makes me speculate about terms, but at least there would be some titles available.
Let’s just hope we can afford them.
In this same letter, John Sargent also says, “Publishing trade books is, in the end, a human endeavor.” I hope that as time goes on librarians are acknowledged as partners in that human endeavor. The writing, editing, marketing, and selling of books wouldn’t happen without their investment in literacy and reading for pleasure.
2nd and 3rd all commentary.