Hi, all,
OverDrive has sent out an update on the HC acquisition of HMH.
No real surprises-it's good that titles acquired under the old terms will remain one copy/one user perpetual access. I hope everyone is stocked up on some of those classics (Tolkien, George Orwell) under the old terms.
No mention of price here. We can hope that HC will keep the prices down (and they have been perhaps the most fair of all the Big 5). I'd rather pay $9.99 to $11.99 for perpetual access to, say, The Hobbit than that same price for a 26 circ metered license, but at least the license is per circ and not the "exploding" time based license. That price range for a 26 circ metered license seems reasonable, offering us about what we'd expect from a physical copy of the book and respecting the publishers' concerns about ebooks being "forever."
• "Houghton Mifflin Harcourt will soon begin offering a variety of ebook and audiobook titles in the Cost Per Circ lending model." Meh. Per circ has been advantageous for publishers and library vendors, not so great for libraries. Give us per circ at $.25 or $.50 or so and maybe I'll get a little more excited.
Effective August 1, 2021, ebook titles from Houghton Mifflin Harcourt will be available in the Metered Access
Dear Partner, | Earlier this year, HarperCollins completed its acquisition of Houghton Mifflin Harcourt. As a result of this acquisition, effective August 1, 2021, ebook titles from Houghton Mifflin Harcourt will be available in the Metered Access: 26 checkouts (one user) lending model, a change from their current One Copy/One User lending model for ebooks*. | *Note that this update does not impact titles from Houghton Mifflin College eCommerce, Houghton Mifflin Harcourt Education, or Heinemann. | Additional details: | - Any ebook titles purchased from Houghton Mifflin Harcourt before August 1, 2021 will remain in your collection in the One Copy/One User lending model.
- Any ebook preorder titles with a street date of August 1, 2021 or later will be delivered in the Metered Access: 26 checkouts (one user) lending model upon the title's publication date.
- There are no changes to the lending model for audiobooks from Houghton Mifflin Harcourt; they will continue to be available in the One Copy/One User lending model.
- Houghton Mifflin Harcourt will soon begin offering a variety of ebook and audiobook titles in the Cost Per Circ lending model.
| Please contact your Account Manager with any questions or if you need assistance with preorders or ongoing purchase management. | Thank you, OverDrive | | | |
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