From All About Romance:
Checking out eBooks at the library has come a long way since I bought my Nook Classic. Back then, most companies did not know how to make eBook lending from the local library work, and staff members at my local B&N had to pass out detailed instructions – that were at least a page long – about how to borrow library books on your Nook. Although I’m an early adopter who managed to read eBooks on a Palm and on an eBookwise, I never got library lending to work on my Nook. Not until I gave up and got a Kindle was I able to make the lending process go smoothly. “So that’s how it’s supposed to work!”
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Formats make a difference to library users worldwide. In Canada and the UK, Kindle books cannot be borrowed from the library because the format is proprietary. Books can only be borrowed in EPUB and PDF formats. In the UK, the available lending options are Nook, Kobo, Android, and IoS. That may vary by country (and province or county.)
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Quirks in the search feature aside, wait lists are the biggest drawback to borrowing eBooks from the library. Crazy Rich Asians is the top book that comes out when you check out the Romance section at my library, and although the library has 146 copies of the eBook available, none are available right now. You can place a hold, and if you time it well, you’re in luck. On the other hand, I remember checking the wait list for The Good Daughter by Karin Slaughter after Kristen gave it a great review. Whoa. It would have taken a couple of months to get the book, so I caved in and bought the eBook instead. Although it was priced higher than I normally want to pay for an eBook, it was worth it.
So… What’s up with those wait lists? Why are they so long? Many people blame the publishers. For every step forward, libraries are forced to take two steps back. Most users know that they can wait for an eBook to drop in price, but this isn’t an option for libraries, which must buy eBooks at more than list price. Librarian and blogger Jennifer Anne (@kidsilkhaze) explained the issues in a thread on Twitter.
Jennifer Anne starts by stating “So here’s the thing–I am worried that publishing is killing libraries, and that will, in turn, kill publishing.” In a nutshell, eBooks are more expensive for libraries than you think. Although libraries usually get discounts on print books, eBooks are almost always priced extra high for libraries. For example, Penguin Random House charges about $55 per copy – and then requires the library to repurchase the title every twenty-four months. HarperCollins charges list price, but the items can be checked out only twenty-six times before they must be repurchased. Hachette charges about $80 to $90 per title, but the titles don’t have to be repurchased. Macmillan charges $60 a copy for an eBook and then requires repurchase after two years or fifty-two checkouts; because of lending periods, this often means the library only gets about thirty-five checkouts per title.
On top of that, some publishers (such as Tor) embargo libraries so that they can’t lend out the eBook until the book has been out for several months. But by the time the embargo period time has passed, the libraries will probably pass on the titles, meaning that the publisher loses out on the eBook purchase.
Link to the rest at All About Romance