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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."

12 of 494 comments (clear)

  1. Make eBooks Cheaper! by omnichad · · Score: 4, Interesting

    If I could "own" (even with DRM) a book for $2.50, I would never bother making a trip to a library. Even at lower prices, publishers could increase their profits substantially by bypassing the libraries.

  2. oh, when will the 'socialism' end?? by AB_Rhialto · · Score: 5, Interesting

    While funny, the point of the article is quite saddening. People have been involved in 'socialist' activities since before we were human and only just recently, has it become something of a curse to help one another out (sharing) at the expense of a Corporation potentially losing a sale opportunity.

    Don't get me wrong, Corps have to make money, but there has been an amazing full court press of propaganda that has twisted the case for helping and sharing the burden to some degree as socialism or communism (and for the Republicans out there, I'll add Fascism, since it ends in an ism).

    We won't even talk about all the infrastructure that government puts in place because, well, that is a form of socialism too, and its far better to little to no government so everyone can look after themselves.

    I wonder who would be best able to take care of themselves in such a scenario, individual voters and their families or large corporations (since they have most of the benefits of being a 'person' but none of the responsibilities)?

  3. Re:Dammit... by mrcaseyj · · Score: 5, Interesting

    In related news it has been discovered that the contents of textbooks, which often sell for $200 or more, are largely made up of information and ideas developed by previous authors. The previous textbook authors are starting to complain that they aren't getting any royalties from new textbooks and are now calling new textbook authors "seagoing murdering thieves" (pirates). Others are wondering why books mostly inspired by previous works, have more than a hundred year copyright, when the Constitution only authorizes copyrights for limited times, not a trillion years.

  4. Re:Dammit... by dkleinsc · · Score: 3, Interesting

    Practically obligatory reading on this issue, by some guy named Stallman:
    http://www.gnu.org/philosophy/right-to-read.html

    --
    I am officially gone from /. Long live http://www.soylentnews.com/
  5. Cause and Effect by DarKnyht · · Score: 4, Interesting

    This is what happens when a government runs the value of their money to the ground by over-spending/borrowing. The purchasing power of the average family goes down and they start making tough choices about where their money goes. Things like overpriced cable television, unnecessary luxury trips, entertainment purchases (books, movies, music), and other non-essential items don't get purchased. Instead of the Corporations facing this reality and coming up with quality products that have value, they instead blame 'piracy' for their woes.

    Sorry Corporations, food and gas to get to work is more important than a $30 Blue-Ray movie, especially when I is delivered a few weeks later at my door via my Netflix queue. Used video games are more attractive (even bargain bin ones) than $60 for the latest greatest, and if I am desperate I can rent for $3 at Hollywood Video. Radio is free and generally will play something worth listening to, so that song better be really good for me to spend even $0.99 on it (Ke$ha need not apply).

    These days I use the library, netflix, rentals, borrowing, ebay, or any other legal means to save a buck on entertainment these days. Even if that means just playing cards with the family or going to the park.

    --
    Voting them all out of office, now that's change I can believe in.
  6. Digital Library by organgtool · · Score: 3, Interesting

    Several years ago (before the likes of Rhapsody and other services), I considered writing an application that would allow you to share your music library by allowing anyone using that software to search for songs and stream that file so long as no one else was streaming that same song. Essentially you were just borrowing the song the same way you would borrow a CD from a library. In order for this software to be considered legal, I would have had to implement DRM and I did not trust my software engineering skills enough at that time, so I just let the idea pass, but it was interesting because I'm sure the members of the RRIA would have hated it, yet legally it would be analogous to a public library. I wonder if there will be digital versions of public libraries for books in the future.

    1. Re:Digital Library by jank1887 · · Score: 3, Interesting

      The state of maryland public library system (and others) have contracts with Overdrive.com, which provides limited copies of DRM'd digital media, including eBooks, AudioBooks, and video. "Lending periods" 1 to 2 weeks, enforced by expiring digital license.

  7. Re:And they keep secrets! by mystik · · Score: 3, Interesting

    One System I've seen (Small high school system) kept track of the last borrower on an item, so that if it was damaged, they could find out who did it.

    It wasn't an item in the primary menu, and you had to know the 'secret keystroke' to get to that screen.

    --
    Why aren't you encrypting your e-mail?
  8. Re:Dammit... by maxume · · Score: 3, Interesting

    I would say it is well past the experimental stage:

    http://wiki.mobileread.com/wiki/EBook_Lending_Libraries

    It just isn't to the widespread stage yet (presumably because not all that many people have ebook readers).

    --
    Nerd rage is the funniest rage.
  9. Re:Dammit... by Maxo-Texas · · Score: 3, Interesting

    I see a continuum of possibilities...

    If I have a copy of a book on my hard disk, and I've never read it, then does it really count as being out twice?

    If I have a copy and read it, and then two weeks later someone else reads a copy of the book and I'm not reading it, does it count?

    If I'm reading the 113th page of the book and other people are reading the 7th and 211th pages, does that count?

    If I'm reading the third word of the 4th sentence and another person is reading the 8th word of the 12th sentence on the same page, does that count?

    If the library has a copy of the book and it sits there unread and then two people read it on the same day, how about that? (happens a lot with reference books when a paper is assigned and the book is on special reserve status).

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  10. Re:Dammit... by Daniel+Dvorkin · · Score: 3, Interesting

    Go to those libraries' sites, and notice what's missing?

    Kindle.

    This is kind of like an ISP saying "you can access any site you want through our network, as long as it's not Google." Note that I'm not blaming the libraries for this, at all -- it's strictly Amazon's fault -- but it's still the elephant in the living room for e-book lending.

    --
    The correlation between ignorance of statistics and using "correlation is not causation" as an argument is close to 1.
  11. Re:Dammit... by jc42 · · Score: 4, Interesting

    Funny thing; I just finished writing another reply in which I mentioned the publishers' opposition to public libraries in the early 1800s. So now I suppose that one or the other (or both) of us will be modded "redundant". ;-)

    Maybe it's time to also bring up the very early history of copyright, which was invented primarily to limit the publication of bibles and other religious texts to only "approved" publishers. The purpose wasn't monetary; it was to prevent publication of documents opposed by the officially-approved religion, by limiting the publishing to officially-approved publishers. It was also to control the distribution, so that only members of the approved priesthood could access the texts. The rest of the population was intentionally kept illiterate, so that the priesthood could be the only religious authorities.

    So things could be worse. The "Intellectual Property" people could be actively campaigning against literacy. They could be pushing for laws banning access by "the masses" to their products. They could get laws passed making it illegal to teach your children to read. People like them have done such things in the past. Such things were among the real reasons that the legal concept of copyright was originally developed.

    --
    Those who do study history are doomed to stand helplessly by while everyone else repeats it.