Implications of latest statistical report from America on e-books for library lending ….
The Association of American Publishers recently released its latest data report, which reveals that in the first three months of 2017 e-book sales dropped 7.5% from the same period last year. First-quarter e-book sales were down 2.5% and 36.6% in the adult and children’s/young adult categories, respectively, according to figures in AAP’s StatShot programme. With sales of hardcover and paperback also down, first quarter sales in the children’s/YA category fell 15.9%.
For adult books, the decline in e-book sales was offset by increases in paperback and audiobook and sales for the entire category rose 3.4% in the quarter.
The news about e-book sales, although at this stage it may only represent a statistical ‘blip’, may be causing some publishers to review the terms of selling e-books to libraries. Over the past year, many have engaged in inventive experiments by setting up library e-book projects. Experience now suggests that although some of these pilot projects are very effective when publishers and libraries want to promote a few titles in tandem, issues of cost (on both sides) are making a more comprehensive approach difficult. New business models now need to be explored. And the question of whether library lending is jeopardising sales has again reared its head.
More on this may be found at http://goodereader.com/blog/digital-library-news/major-publishers-might-revise-ebook-pricing-for-libraries