July 31, 2015

Ebooks

Ebook Vendors Anticipate Big Five Licensing Terms Becoming More Flexible

After years of expressing concern about the potential impact that library lending might have on consumer sales, major publishers have good cause to take another look at the library market for ebooks, according to executives from library ebook distributors OverDrive, 3M, and Baker & Taylor. With consumer sales growth slowing, bolstering institutional sales will likely become more of a priority for major publishers. OverDrive CEO Steve Potash noted that publishers, like all for-profit companies, are always looking for growth, and “there’s still a lot a growth in institutions, and there [are] significant opportunities for growth in education…. If retail is flattening, you have to experiment.”

Exhibitor News Roundup | ALA Annual 2015

Every American Library Association (ALA) conference produces a bumper crop of news from the companies that serve libraryland, as each tends to time its biggest debuts to the event, and this year was no exception. Here’s an assortment of what we learned on the exhibit floor. Did we miss your news? Please add it in the comments!

U. Minnesota Press, CUNY Grad Center Develop Hybrid Publishing Platform

The University of Minnesota Press and the GC Digital Scholarship Lab at the Graduate Center of the City University of New York (CUNY) in April were awarded a $732,000 grant from the Andrew W. Mellon Foundation to launch Manifold Scholarship, a new platform that will enable the publication of iterative, networked, electronic versions of scholarly monographs alongside the print edition of the book.

U. Minnesota Press, CUNY Grad Center Develop Hybrid Publishing Platform

The University of Minnesota Press and the GC Digital Scholarship Lab at the Graduate Center of the City University of New York (CUNY) in April were awarded a $732,000 grant from the Andrew W. Mellon Foundation to launch Manifold Scholarship, a new platform that will enable the publication of iterative, networked, electronic versions of scholarly monographs alongside the print edition of the book.

ProQuest Acquires MyiLibrary and OASIS

ProQuest Acquires MyiLibrary and OASIS

ProQuest today announced that it has signed an agreement to acquire Coutts Information Services from Ingram Content Group, including the MyiLibrary platform and the Online Acquisitions and Selection Information System (OASIS). In addition to augmenting ProQuest’s selection of ebooks with MyiLibrary’s 250,000 titles, a larger plan involves leveraging Coutts’ collection-building expertise, approval support, and ordering tools to begin developing a fully integrated service that streamlines the acquisition and fulfillment of print and electronic content together.

ProQuest Acquires MyiLibrary and OASIS

ProQuest today announced that it has signed an agreement to acquire Coutts Information Services from Ingram Content Group, including the MyiLibrary platform and the Online Acquisitions and Selection Information System (OASIS). In addition to augmenting ProQuest’s selection of ebooks with MyiLibrary’s 250,000 titles, a larger plan involves leveraging Coutts’ collection-building expertise, approval support, and ordering tools to begin developing a fully integrated service that streamlines the acquisition and fulfillment of print and electronic content together.

“Clean Reader” App Strips Ebooks of Profanity

“Clean Reader” App Strips Ebooks of Profanity

The filter, represented by a small electronic broom, blocks offensive words and can be set to “clean,” “cleaner,” or “squeaky clean.”

Kobo Parent Acquires OverDrive

Leading library ebook distributor OverDrive was sold to Rakuten on March 19 for $410 million cash, more than 16 times OverDrive’s annual earnings of $25 million. The purchase from private equity firm Insight Venture Partners, OverDrive’s majority owner since 2010, is scheduled to close in April. OverDrive will become a subsidiary of Rakuten USA, the U.S. arm of Japanese e-commerce company Rakuten. CEO Steve Potash will continue to lead OverDrive, and its headquarters will remain in Cleveland, OH.

Kobo Parent Acquires OverDrive

Kobo Parent Acquires OverDrive

Leading library ebook distributor OverDrive was sold to Rakuten on March 19 for $410 million cash, more than 16 times OverDrive’s annual earnings of $25 million. The purchase from private equity firm Insight Venture Partners, OverDrive’s majority owner since 2010, is scheduled to close in April. OverDrive will become a subsidiary of Rakuten USA, the U.S. arm of Japanese e-commerce company Rakuten. CEO Steve Potash will continue to lead OverDrive, and its headquarters will remain in Cleveland, OH.

DBW 2015: Amazon, Publishers Look to Ebook Subscription Services as Discovery Platform

DBW 2015: Amazon, Publishers Look to Ebook Subscription Services as Discovery Platform

Officials at Amazon believe subscription-based ebook consumption is an inevitability, and will continue to invest in and build the company’s Kindle Unlimited service as part of an effort to stay ahead of the emerging trend, Russ Grandinetti, senior VP, Kindle, at Amazon explained during a candid general session interview on January 14 at the Digital Book World Conference and Expo 2015. In a separate panel, publishers expressed enthusiasm for Oyster and Scribd as discovery platforms.