[Keroberos]

Cue Penguin's death spiral in 5...4...3...2...1....

But seriously, how does this help sales or authors? Most of the books from new authors I read are digital. I discover almost all of my new authors from checking books out from the library, if it isn't in the library, I probably won't hear about it, so I won't try it, so I won't buy it.

How can they think that this will end well? Haven't the been watching what has been going on in the recorded music/movie industries? They've trying to do the same things. How well has it worked for them?

Of course any resulting sales losses will probably be blamed on piracy.

I'm really starting to think that all the old media companies just need to die so they can be replaced by ones that actually get these things.

Also this is the same thing they've been wanting to do with physical books sales to libraries but haven't been able to (it would be illegal, right of first sale and all that). It really shows the problems that occur when the publishers control the sales to the only sources of e-books for libraries (if they block sales to OverDrive or others the libraries have no other source).

I have never seen any credible research that says library lending has ever been anything but a net positive for publishers.