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.
LITA Members Talk Tech Trends | ALA Midwinter 2015
Five experts discussed the latest in library tech during the Library Information Technology Association (LITA) Top Technology Trends panel at the American Library Association (ALA) Midwinter 2015 conference in Chicago. In front of a full house despite the snowstorm outside, the lively discussion of trends ranged from coding classes for girls to the growing infrastructure demands of open access publishing.
As App Gains Traction, Queens Library Considers Vending to Other Libraries
Librarians, Distributors Weigh in on Macmillan Ebook Lending | PubCrawl
Ebook distribution to libraries took another leap forward on October 17 when Baker & Taylor, OverDrive, 3M, and RBDigital (Recorded Books) told their customers that Macmillan’s entire ebook backlist, 11,000 titles from lead imprints St. Martin’s, Farrar, Straus & Giroux, Henry Holt, Macmillan Children’s, and Tor, would now be available to their patrons.
Q&A David Burleigh, Director of Marketing for OverDrive
“The next series of innovations will come as a result of the accelerating demand in the education space. Serving students and learners of all ages (Pre-K–12, higher ed, and lifelong learning) will provide new engagement with library users and drive the next wave of innovation.” David Burleigh, Director of Marketing for OverDrive
Perma.cc Aims to Bring Staying Power to Online Legal Citations
For all its use to researchers, the Internet can be an awfully ephemeral thing. Websites changes hands, services that were once free land behind paywalls, and servers go offline. Whatever the reason, the result is the same—all too often, a once-valid link no longer directs users to the information they need. For many of us, the familiar 404 message, indicating that a page can’t be found, is a common but inconsequential hassle of Internet use. For scholars and legal professionals, though, being unable to find a piece of information cited in a court case can be a costly and time-consuming hurdle. Now Perma.cc, a new service spearheaded by the Harvard Law School Library, is aiming to put a stop to disappearing links to citations in legal documents and court decisions by creating individual caches of content at the moment that authors and journal editors cite it.
Q&A: Scott Wasinger, Vice President of Sales for eBooks and Audiobooks at EBSCO Publishing
On October 16, Library Journal and School Library Journal will host “The Digital Shift: Reinventing Libraries.” Our fourth annual online event has itself been reinvented in a new format, offering program tracks focused around community, instruction, and getting beyond the container to new content. EBSCO is a platinum sponsor of the event, and LJ reached out to Scott Wasinger, Vice President of Sales for eBooks and Audiobooks at EBSCO Publishing, in the third of a series of interviews addressing how the ongoing digital shift is transforming the libraries of today and tomorrow.
Penguin Ebooks Return to OverDrive, Go National on Axis 360
“Penguin will resume doing business with OverDrive as of this morning,” Penguin spokesperson Erica Glass told LJ on September 25. According to a blog post by Karen Estrovich, collection development manager for OverDrive, 17,000 Penguin ebooks are already “live and available for purchase in OverDrive Marketplace.” Although Estrovich refers to the transaction as a purchase, the books are being offered for a one year term on a one copy/one user lending model.
Q&A: Recorded Books VP Matt Walker
On October 16, Library Journal and School Library Journal will host “The Digital Shift: Reinventing Libraries.” Our fourth annual online event has itself been reinvented in a new format, offering program tracks focused around community, instruction, and getting beyond the container to new content. Recorded Books is a gold sponsor of the event, and LJ reached out to Matt Walker, vice president of Recorded Books, in the second of a series of interviews addressing how the ongoing digital shift is transforming the libraries of today and tomorrow.
Q&A: Gale VP and General Manager Jim Draper
On October 16, Library Journal and School Library Journal will host “The Digital Shift: Reinventing Libraries.” Gale, part of Cengage Learning, is a gold sponsor of the event, and LJ reached out to Jim Draper, Vice President and General Manager, Gale, in the first of a series of interviews addressing how the ongoing digital shift is transforming libraries.