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Such naïveté. It doesn’t have to be EVERY checkout is a loss sale. Just like every pirated book isn’t a loss sale. Some percentage that’s greater than zero and less than 100%. The easier it has become to check out an ebook, the greater that percentage will be.
Time windowing is an excellent step. I’m quite surprised that publishers have ever sold books to libraries during the high demand window. Movies sure don’t. Nobody expects to be able to check out a ,Obie from the library that still playing in the theaters.
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