Will Your Local Library Lend E-Books? (Or Can They?)
Amazon has recently touted that sales of Kindle books are outstripping those of both hardcover and paperback editions. And a Forrester forecast earlier this week gauged that the sales from e-books for 2010 would hit over $1 billion. It seems as though the market for digital literature is strong.
But according to some publishers, if libraries start lending e-books, it could serve to "undo the entire market for e-book sales." Those were the words of Stephen Page, CEO of the publisher Faber and Faber who spoke last month at a library conference in the U.K. and announced the Publisher Association's new stance on e-book lending via libraries.
Full article at NYT Technology Section - ReadWriteWeb