Hachette to raise ebook prices for libraries by 220%
Starting in October, libraries will pay an average of 220 percent more for Hachette’s ebooks. Hachette still does not make new ebooks available to most libraries; all the books affected were published before April 2010. Random House increased prices for librairies earlier this year.
Originally posted on paidContent:
In March, Random House increased the wholesale prices of the ebooks it offers to libraries by as much as 300 percent. Now Hachette, which only offers backlist ebooks (no new books) to libraries, is increasing its prices as well.
Hachette makes older ebooks available to libraries through digital distributor OverDrive. In an email obtained by Gary Price at Infodocket, Hachette tells libraries using OverDrive that it “will be raising its eBook prices on October 1, 2012 on [its] currently available eBook catalog (~3,500 eBook titles with release dates of April 2010 and earlier). On average prices will increase 220%.”
“We believe these terms fairly reflect the value to the library customer, that the ebooks will not need periodic replacement as do print copies, and there is no limit on amount of borrowing activity per ebook copy,” Hachette VP, communications Sophie Cottrell told me.
Separately, Hachette is testing a pilot program that makes new…
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