I assume many of you are now aware that Penguin Random House has moved to a no loan cap, perpetual licensing model for ebooks purchased through vendors such as Overdrive. This means that purchased Penguin Random House titles will be available within our digital collection in perpetuity (no need to re-purchase titles after a set period of time or number of checkouts). Additional information is available at http://lj.libraryjournal.com/2015/12/technology/ebooks/penguin-random-house-announces-new-ebook-terms-of-sale-for-libraries/.
In light of this announcement, I thought it would be a good opportunity to summarize the current lending terms of the other Big 5 publishers:
Hachette Book Group – All titles available under perpetual licensing. No loan limits or period of use limits.
Harper Collins – Titles must be renewed after 26 loans.
Macmillan – All titles are available for a 2 year/52 lend period (whichever comes first).
Penguin Random House – All titles available under perpetual licensing. No loan limits or period of use limits.
Simon & Schuster – One year expiration on titles.
Featured Image: Tina Wilson
