Kindle to rent books

Kindle Textbook Rental webpage

Is this the rise of the online circulating or subscription library?

Amazon/kindle is now offering to rent textbooks. If this takes off, how long before other book types will be offered?

Circulating and subscription libraries existed for very many years in Australia and elsewhere offering rental of popular (mainly fiction) works, until they were replaced by free public libraries.

Given the right price there is no reason why this business model could not come back. At the moment due to licensing restrictions imposed by some vendors public libraries that lend ebooks, are generally unable to lend an individual ebook out to more than one borrower at a time. Therefore just as with paper books a reader generally cannot get immediate access to very popular works from a library. 

If they can get that immediate access for a reasonable fee from an ebook retailer, it would be a very attractive proposition for many readers. See this interesting article on circulation libraries in Melbourne 1930s-1960s, it does tend to show that commercial competition could be successful even where there were public libraries.

Will public libraries renegotiate or object to the licensing conditions they are currently offered, and demand multiple simultaneous use for all their ebooks, or will they let commercial vendors determine their future.

And if ebook publishers or retailers, in the future, get to lend more books than the libraries, will they then negotiate with government to take over library provision themselves. The digital revolution remains disruptive.

Advertisements

3 thoughts on “Kindle to rent books

  1. The model used by the company I now work for – EBL – have non-linear lending… so can loan a title to any number of readers at once. It’s a pretty good system. Also titles are not capped to have an ‘end date’ so once access is purchased by a library they have the title forever.

    It is a very interesting time to be watching how these industries develop! I have so much to learn!

    • Interesting and your company is very good in its licensing. So when will your company be investigating as to why there is a need for a library as a middle man at all. Lending direct to readers seems to be a distinctly possible idea. One that publishers surely will be working on.

  2. Our books are mostly academic, although we do have some fiction. I can see it being easier at this stage to have an information management professional mediating between readers, academic staff and us as a provider. Like I said I’m still new to this industry and I’m looking forward to learning more about it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s