> This is because publishers use a licensing model for selling e-books to libraries. Each copy of a digital book title requires a purchase of a license. While there are many types of licenses, the most common license needs to be purchased and then re-purchased every year.
Something went very wrong in negotiations here. That's all I can say. Who allowed this deal to be penned in its exact fashion? The first publisher to set the pattern probably got a huge payday that should have never existed. LTV of the library should be cheaper vs the individual buyer because volume, but >3x!???!!
I love public libraries. I grew up in them as a safe place to hang out after school waiting for my working parents to be able to get me.
It makes the funding pie shift materially from other things like facilities, staffing, etc. If you're unfamiliar with the Seattle area, the Public Library covers a number less privileged neighborhoods where a safe place is very much needed. This actually makes me angry.