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The point is that there are FAR more books available at any library that someone can read in a lifetime.
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Why is that a point? The point isn't to have ebooks, it is to have ebooks that people want to read.
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It's no hardship whatsoever that the most popular recent released books have a waiting list.
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It isn't just about wait list. It is also about recurring costs. Why should a book that is going to be read once every couple of years cost the library $45 every two years.
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We have a reasonable model. A library buys a certain amount of books. People wait for the most popular titles. Meanwhile there are lots of others one can read.
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When that "certain amount of books" approaches zero, it isn't a reasonable model.
And again, it is not about can read, it is about wanting to read.
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Books are made available for a price to libraries. Same as always. ...
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Come on. You know it is not the same as always.