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Macmillan tests selling e-books to libraries in 2-year stretches

from Engadget

Major publishers are taking wildly different approaches to resolving the woes surrounding e-book lending at libraries: they're experimenting with both the short-yet-cheap subscription as well as an expensive option to pay only once for perpetual use. Sure enough, the industry is now seeing the middle road. Macmillan plans to run a pilot project in the first quarter of the year that will charge libraries $25 per copy for a selection of 1,200 back catalog Minotaur Books titles, but give buyers better than usual lending rights for either two years or 52 loans, depending on the popularity. more

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