Last week I wrote here about the evolving ebook market.
I shared that libraries were bracing for a price increase for ebooks from Random House publishers. Indeed the recent increases are double and triple the prices we had been paying. As an example, one recently released title had been $40 for the ebook version; it increased to $120 as of March 1. The print version, with the library discount, is a little over $20.
Basically, the new Random House prices for ebooks to ebook distributors, not directly to libraries are
- Titles in print as new hardcovers: $65 - $85
- Titles available for several months or timed to paperback release: $25 - $50
- New children’s titles in print as hardcovers: $35 - $85
- Older children’s titles and children’s paperbacks: $25 - $45
In spite of these hefty price increases, libraries welcome that Random House continues to offer titles in ebook format to libraries.
Again, as I wrote previously, Penguin Books are not available in ebook format to public libraries. They publish many bestsellers and we, like all libraries, regret we cannot provide them to our users.
Bottom line: please know we will continue to provide ebooks as they are available and affordable for public libraries. Some titles we cannot provide at all, due to publisher restrictions, others we may not be able to provide until several months after their initial release.
The market continues to evolve.