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Originally Posted by Alexander Turcic
Did you know that libraries pay as much as five times the price you pay for the same e-book?
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That's because the licensing terms are different. When you buy an ebook licence, you're buying a licence for your personal use only. When a library buys an ebook licence, they're buying an licence to lend it to multiple people.
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Cory mentions the crazy case of HarperCollins, who ruled that an e-book has to be destroyed after it has circulated 26 times.
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It's not "crazy" at all. The library is simply purchasing a licence for 26 loans.