Core Ebooks Interest Group

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Purpose: Provides a regular forum for discussion and to meet at Annual Conferences and Midwinter Meetings. Core represents a large segment of libraries and can be influential with publishers and vendors to benefit libraries and library users as the ebook landscape evolves. Core welcomes any type of library or library agency, as well as consortia, to join this group.

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FW: Houghton Mifflin Harcourt lending model update

  • 1.  FW: Houghton Mifflin Harcourt lending model update

    Posted Jul 07, 2021 10:13 AM

    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. 

     

     

     

    From: MD eBook Consortium [mailto:EBOOKS@LISTS.CARR.ORG] On Behalf Of OverDrive
    Sent: Wednesday, July 07, 2021 10:01 AM
    To: EBOOKS@LISTS.CARR.ORG
    Subject: Houghton Mifflin Harcourt lending model update

     

    Effective August 1, 2021, ebook titles from Houghton Mifflin Harcourt will be available in the Metered Access

    Image removed by sender. OverDrive

     

    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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