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Weekly News Digest

May 18, 2021 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

OverDrive Offers News About American Rescue Plan Act Funding

OverDrive provided the following update about the American Rescue Plan Act of 2021 (ARPA) prorated content model:

As reported, OverDrive’s Publisher Account Services team has been actively negotiating with top publishers for ARPA-specific library permissions and terms. On April 20, 2021, we announced an ARPA pro-rata model as a new option for collections that are time or circulation-based Metered Access. Penguin Random House was the first publisher to agree to this APRA prorated sales model. This option enables U.S. libraries to acquire digital materials specifically for the 16-month period of June 1, 2021 through September 30, 2022 or portions of this term.

Today we are announcing that other top publishers will be joining Penguin Random House to support this ARPA prorated sales model. When these additional catalogs and titles are live in Marketplace, we will provide details of availability. Titles available from each publishers’ catalogs may vary. We are focused on publishers that rely on time-based Metered Access models and will share updates as they occur.

For more information, read the blog post.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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