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Weekly News Digest

June 25, 2012 — 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 ITI’s Twitter account: @ITINewsBreaks.

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Penguin Group Launches Library Lending Pilot Program

Penguin Group (USA), The New York Public Library, and 3M Library Systems announced a pilot project that will make Penguin eBooks available to patrons of both The New York Public Library and the Brooklyn Public Library. The pilot program will begin in August 2012 and, if successful, could be rolled out across the U.S.

Under the initial phase of the pilot, ebooks will be made available to libraries for 1 year with renewable terms. Library patrons will be able to access ebooks remotely using public-library compatible reading devices. Titles will be available for lending 6 months after initial publication.

David Shanks, Penguin Group (USA) CEO, said, “We have always been committed to libraries and we are hopeful that this experiment will be successful. Our partnership with 3M and The New York Public Library is a first step toward understanding the best means of supporting the growing digital missions of our great library institutions and their sincere desire to bring writers to new readers.”

Anthony Marx, New York Public Library president, said, “We are delighted to partner with Penguin and 3M in this historic agreement, which is a powerful first step toward libraries and publishers working together to build a model that meets the needs of our ever-changing society. Since our founding in 1895, The New York Public Library has made it our mission to provide free books and educational materials for all, particularly for those of limited means. As ebooks grow in popularity, libraries nationwide have faced diminishing access to that content. As such, the Library is determined to work together with publishers and authors to craft a fair way to ensure ebooks are available to libraries and their users.”

“We are delighted to be collaborating with Penguin and The New York Public Library in order to find an eBook lending model that works for all sides,” said Matt Tempelis, global business manager, 3M Cloud Library. “The 3M team is dedicated to bringing the best content to our library partners in ways that work for both the libraries and publishers. This is a great step in that direction.”

Sources: Penguin Group (USA), The New York Public Library, and 3M

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

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