Quote:
Originally Posted by AnemicOak
Random House
Perpetual Licence
eBooks cost 3-4 times retail list price
Penguin
12 month license
eBook pricing similar to full retail list
HarperCollins (now includes Harlequin)
License good for 26 checkouts
eBooks generally cost full retail list price
Macmillan
Licence good for 2 yesrs/52 loans (whichever comes first)
eBooks published less than 12 months ago are $60 each, older than 12 months $40 each
Simon & Schuster
Licence good for 12 months
Costs are generally more than eBook list, but less than Hardcover list.
Hachette
Perpetual license
Initial eBook pricing is 3 times the primary physical book cost. After one year the price drops to 1-1/2 times the primary physical book cost. Primary physical book cost is the highest priced edition currently in print.
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That's where the interesting area is, how did they arrive to these numbers, Probably they are using historical print book sales data to find out how often libraries re-order from them. In that case a time bound model could work for them.
Btw, what sort of software they use, Overdrive? And what is the problem with following print book model, I mean if library buys 10 license for a title only 10 users will have simultaneously access, and let the expiry sufficient high like 5 years. Of course publishers must set price of their eBooks well below print books.
In this discussion, I want to include educational libraries also which operate within school and colleges, what options they have ?