Source According to the annual report of CIPFA - Chartered Institute of Public Finance and Accountancy, there is a 3% rise in library spending in Great Britain. In the research, it has been found that the total expenditure on libraries was £12,551 per 1,000 people during the financial year 2022/23. It was £12,143 per 1,000 people in 2021/22. However, in 2018/19, this was only … [Read more...] about Library Spending in Great Britain Increased by 3% in the 2022/23 Financial Year
library news
Macmillan is going to embargo all ebooks to libraries by 2 months
Libraries are in for a whirlwind of change when it comes to their audiobooks and ebooks. Every major publisher has revised their terms and are obviously sabotaging the entire library system. Macmillan is now taking the cake with their draconian three month embargo of all titles. The Macmillan science-fiction and fantasy imprint TOR was the blueprint of things to come. They … [Read more...] about Macmillan is going to embargo all ebooks to libraries by 2 months
Libraries Report 2015 Has Been the Best Year Ever for e-Books
The e-reader and consumer e-book industry has hit the proverbial glass ceiling in terms of sales. One of the segments that has been consistently on the upward trend has been libraries. A recent report by the Library Journal has stated that 95% of all US libraries have an e-book collection. That’s up from 89% in both 2013, when researchers thought that adoption had plateaued … [Read more...] about Libraries Report 2015 Has Been the Best Year Ever for e-Books
Former Walmart Store Transformed Into an Amazing Library
Big box stores such as Walmart proliferate the United States and each location tends to take up close to 2.5 football fields. In total Walmart accounts for 698 million square feet of land in the U.S and the environmental impact is quite staggering. When these stores close, they often fall into a state of disrepair and most retail companies cannot justify such a large location. … [Read more...] about Former Walmart Store Transformed Into an Amazing Library
Libraries Experience Challenges with Generating Revenue from e-Books
Libraries all over North America are being challenged with generating revenue from their e-book collection. Digital content automatically expires after 21 days, so there is no way to collect on late fees. Aside from public funding, these fees have been necessary to keep the library sustainable. The Richmond Public Library in British Columbia has a current operating budget of … [Read more...] about Libraries Experience Challenges with Generating Revenue from e-Books
The State of Worldwide Library eBook Lending
The Publishing industry has firmly embraced making the vast majority of their titles to libraries in the United States. The big 5 have either initiated a major pilot project or have committed themselves to a broad rollout. With all of the news primarily focused on the US, what does the landscape look like for the rest of the world? A new research report by the International … [Read more...] about The State of Worldwide Library eBook Lending