18 Feb 2012 20:46:47
Simon & Schuster, Macmillan and the Hachette Book Group are among the major publishers that already limit e-book availability to libraries. While more and more smaller publishers are providing e-books to libraries, larger publishers have been concerned that the ease of downloading books from libraries could hurt sales.
Penguin announced Thursday it would stop selling e-books to libraries through OverDrive Inc., a Cleveland-based digital distributor and major supplier for the library market. The publisher added that it was talking with a "number of partners" about possible future arrangements. OverDrive CEO Steve Potash said he was still "actively working" with Penguin about how to address their concerns.