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Weekly News Digest

September 6, 2018 — 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.

'Penguin Random House Dramatically Worsens License Terms for Library eBooks' by Nate Hoffelder

The Digital Reader commented on Penguin Random House’s new license terms for library ebooks, as reported by Publishers Weekly—it will offer a metered model (ebooks priced at up to $55 that expire after 2 years) instead of a perpetual-access model (higher-priced ebooks with access forever). As of Oct. 1, any previously purchased ebooks will remain perpetual access, and Penguin Random House is working on a program that will cater to academic libraries that still need perpetual-access copies.

Nate Hoffelder writes, “With first Macmillan and now Penguin Random House drastically changing the terms they license ebooks to libraries, 2018 is becoming the year that libraries got screwed by publishers.

“And what’s even more insulting is that [Penguin Random House] had the gall to claim that libraries actually wanted to pay $55 for an ebook that expired in two years.”

For more information, read the blog post.

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

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