June 29, 2016

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Official Statement and CEO Letter: OverDrive Sold to Rakuten For $410 Million in Cash

OverDrive was sold to Rakuten, a Japanese company today for $410 million. It’s a cash deal and is scheduled to close next month (April 2015). Overdrive will be part of Rakuten USA. Rakuten is an e-commerce company headquartered in Japan. Here’s a list of Rakuten’s major businesses. The Rakuten announcement notes that OverDrive achieved EBITDA of […]

Amazon.com Will Acquire Goodreads

Update 2: AllThingsD/WSJ: “Actually, Amazon Paid About $150 Million for Goodreads” According to sources, Amazon paid about $150 million for Goodreads, the popular books recommendation service. But that number could close in on $200 million, if certain performance metrics are met. Update: Read What Goodreads CEO, Otis Chandler Has to Say About the Amazon Acquisition […]

Proposed ‘Digital Literacy Corps’ will not Usurp School Librarians’ Role, Explains FCC

Library_computers

A nationwide plan described in the New York Times has sparked an angry response among school librarians. But tech trainers in the $200 million program will teach computer skills after hours and in public libraries–not in school or directly to students, according to the FCC and ALA.

Penguin’s Ebook Decision Has Chilling Effect on School Libraries

girl with ereader and headphones

Penguin’s suspension of Kindle access to its titles for libraries reaffirmed one librarian’s decision to go the public domain route, rather than spend money on titles only to have the rights potentially taken away.

With a Little Help from Twitter: Cash poor, librarian Keisa Williams turns to DonorsChoose and social media

Monarch Academy first graders show off the library's new books.

A paltry materials budget got you down? Keisa Williams knows the feeling well. So the school librarian at the K–5 Monarch Academy in Oakland, CA, turned to DonorsChoose.org with her cause. And the good people of the Web responded.

LJ/SLJ Ebook Summit: More School Libraries Offer Ebooks; Increased Demand, Rise in Circulation

Figure8

Despite severe budget constraints, the number of school libraries offering ebooks is on the rise-and a majority of media specialists plan to add digital books to their collections over the next two years, says a new study by School Library Journal and Library Journal.

Ebook Collections: Two Stories

SLJ1110w_TK_Leadfloyd_top

As the use of digital content grows in schools, school librarians are making decisions on how to best acquire this material. In some cases, they’re choosing to spend money on ereaders and lean toward free content. Others are leveraging the personal devices of students and teachers and putting their funds into subscription-based models. But the goal is the same—to grant students and educators access to digital content.