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Nylink to Wind Down Operations Over Next 12 Months
Nylink, a non-profit membership organization, will phase out its operations over the next 12 months. Steep declines in Nylink’s revenue as a result of fundamental changes in its business environment have seriously degraded Nylink’s ability to remain fully self-supporting. Part of the State University of New York System, Nylink has operated as a self-funded entity serving libraries throughout New York.