So ... a library has a specific budget for acquisitions. It can get e-books with unlimited circulation, or it can get HC e-books that will expire after a year or so. Which is it more likely to buy with its limited funds?
Is HC thinking they'll make more money this way? I can't see they'll make it from the libraries. Only way they will is if people buy the book instead of using the library--but will that really happen? I think this scheme is just nuts.