Slashdot Mirror


Offline Book "Lending" Costs US Publishers Nearly $1 Trillion

An anonymous reader writes with this excerpt from a tongue-in-cheek blog post which puts publisher worries about ebook piracy into perspective: "Hot on the heels of the story in Publisher's Weekly that 'publishers could be losing out on as much $3 billion to online book piracy' comes a sudden realization of a much larger threat to the viability of the book industry. Apparently, over 2 billion books were 'loaned' last year by a cabal of organizations found in nearly every American city and town. Using the same advanced projective mathematics used in the study cited by Publishers Weekly, Go To Hellman has computed that publishers could be losing sales opportunities totaling over $100 billion per year, losses which extend back to at least the year 2000. ... From what we've been able to piece together, the book 'lending' takes place in 'libraries.' On entering one of these dens, patrons may view a dazzling array of books, periodicals, even CDs and DVDs, all available to anyone willing to disclose valuable personal information in exchange for a 'card.' But there is an ominous silence pervading these ersatz sanctuaries, enforced by the stern demeanor of staff and the glares of other patrons. Although there's no admission charge and it doesn't cost anything to borrow a book, there's always the threat of an onerous overdue bill for the hapless borrower who forgets to continue the cycle of not paying for copyrighted material."

2 of 494 comments (clear)

  1. Blog from a New Jersey "Internet Technologist" ? by RobotRunAmok · · Score: 1, Flamebait

    What happened... the bartender you wanted to interview for his opinion on the latest Ubuntu distro didn't return your call?

  2. Re:Excellent satire by Grishnakh · · Score: 0, Flamebait

    Don't be an idiot. Welfare recipients aren't there for education, they're there to look at YouTube and MySpace. If they wanted an education, they would go to a public school, not a public library and hang out on the computers. And if they cared about an education at all, or becoming productive citizens, they wouldn't be on welfare.

    And the last thing welfare recipients want to do is get a job and get off welfare, because that means having to work for a living, and it's a lot easier to have nothing important to do all day and just receive a check from the government.