Yes, there are royalties for the author of a book when a library loans out his books, too, in many countries, for both paper and ebooks. This in itself is not a problem (we're talking about cents here, really), but $3 is insane.
Quote:
Originally Posted by CyGuy
Once the book is purchased there are no fees associated with loaning out the book. I can't imagine why anyone would pay a fee for something they already own.
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Because it's the law. It also applies to pbooks that you buy outright.