Quote:
Originally Posted by stonetools
Did you guys read the article all the way to the end? I know that you guys all want to hammer on the publishers and all, but if you read the entire arctic,le, it made clear that:
1. Two major publishers were holding back from library lending.
2. Those publishers are holding back because they want to wok out an industry wide agreement.
3. The other majors participate in library lending, with one imposing restrictions on the number of times a copy could be lent.
4. Most smaller publishers are completely on board with library lending.
Put like that, you can see that this isn't a big deal. This is link bait more than anything else.
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No, no big deal.
Take a major publisher. Let's say they often make a billion in a year. Due to this dumbarsery they are 5% worse off.
So, 50 million dollars.
No big deal at all. Especially over, say 4 years they have been doing it for. That's only 200 million bucks. Chicken feed, really.
Two of them in similar circumstances, 400 million.
If it is 10% worse off it is only getting closer to a billion...