Have you heard the big news? Penguin Random House announced December 3 that it will implement perpetual access for all of its eBook titles and cap prices per title. The new structure will phase out the Penguin model of one-year lending and reduce the price for some previous Random House titles with a $65 cap on all Penguin Random House e-titles starting January 1. Sounds good until you compare this cap with what a consumer pays for eBooks and print titles. This is progress, but is this as good as we can expect in library land?
AL: E-Content, Dec. 3; Publishers Weekly, Dec. 3
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