The Penguin Returns

Penguin Coming SoonLibraries can once again offer Penguin’s ebooks to their users on the same day that the hardcovers are released, reports the Associated Press. Beginning Tuesday, libraries will no longer have to wait six months after the hardcover release date.

The AP further reports that Penguin’s ebook pilot programs with libraries have shown that the “effect of library downloads on commercial revenues has been acceptable.”

Libraries will be charged the same as consumers, but, according to American Libraries, Penguin is expected to impose a one-year expiration date.

This is the opposite of the Random House model, which charges more to libraries than consumers, but for an unlimited period. Since the two companies are merging, many wonder which approach will prevail.

3 Responses to “The Penguin Returns”

  1. Katie Says:

    I wouldn’t be surprised if they do both when they merge. They’ll price gouge AND offer short leases. Why not? There’s nothing to stop them. We seem content to pay no matter the terms.

  2. Richard Naylor Says:

    Thank you Katie for the sensible answer … We must have the discipline to spend the vast majority of our money with publishers that offer a fair deal.

  3. Cheryl Says:

    Penguin and OverDrive don’t have a partnernship, though, so many many libraries still won’t be able to offer Penguin e-books to their patrons.