Saturday, October 3, 2020

Library checkouts of ebooks are up 52% YoY since March as libraries pay an average of $40 per copy due to publisher restrictions limiting library lending (Aarian Marshall/Wired)

Aarian Marshall / Wired:
Library checkouts of ebooks are up 52% YoY since March as libraries pay an average of $40 per copy due to publisher restrictions limiting library lending  —  Checkouts of digital books from a popular service are up 52 percent since March.  Publishers say their easy availability hurts sales.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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