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Weekly News Digest
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November 10, 2015 — 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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ProQuest Plans New Ebook Acquisition Model
ProQuest will pilot a new ebook acquisition model, Access-to-Own, which applies budget money spent on title rentals to perpetual purchases. It uses demand-driven acquisition (DDA) and addresses short-term loan (STL) pricing concerns libraries may have, such as access to frontlist titles, allowing libraries to own more content. The pilot will begin in mid-2016 with 14 publishers.“ProQuest developed DDA to enable librarians to expand access to a large selection of ebooks while only paying for those that are used,” says Kevin Sayar, SVP and general manager of ProQuest Books. “This complementary new model addresses concerns around STL pricing—both for libraries and publishers—by exchanging a higher price point for rentals in return for expenditure toward ownership of books.” For more information, read the press release.
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Brandi Scardilli
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