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Originally Posted by BearMountainBooks
I think libraries have to "repurchase" books after a certain period of time. Once that time period has expired they may opt not to repurchase and so it remains at zero.
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They can, but not in this case as the book in question isn't from a publisher with expiring licenses. Plus it was just released, so there wouldn't have been time for it to expire.
Quote:
It's a very complex situation with different rules for each publisher.
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It is complex.
The current Big 5 library rules are...
Penguin Random House
License: Perpetual
Prices: Varies, $65 per book max
HarperCollins
License: 26 loans then must repurchase
Prices: Varies, generally not more than cost of HC equivalent and often less
Macmillan
License: 2 Years/52 loans (whichever comes first) then must repurchase
Prices: Titles less than 12 month old $60, older than 12 months $40
Simon & Schuster
License: Expires after one year, then must repurchase (experimenting with 2 yr term for 1.5x price)
Prices: Generally more than consumer cost, but less than hardcover
Hachette
License: Perpetual
Priceing: Generally 3 times hardcover price.
Info from American Libraries Magazine
http://americanlibrariesmagazine.org...rms-011816.pdf