Macmillan CEO open to new business models with libraries

March 11th, 2010 · by spolanka · No Comments

Eric Hellman, moderator of the Go To Hellman blog, attended the Publishing Point Meetup Group in NYC and posted a summary of comments from Macmillan CEO, John Sargent.  Sargent stated he is open to new business models with libraries going so far as to say, “If there is a model where the publisher gets a piece of the action every time the book is borrowed, that’s an interesting model.” Hellman recommends that, “Now is the time for publishers and libraries to sit down together and develop new models for working together in the ebook economy. Executives like John Sargent are not afraid of change, but they need to better understand the ways that they can benefit from working with libraries on ebook business models. Libraries need to recognize the need for change and work with publishers to build mutually beneficial business models that don’t pretend that ebooks are the same as print.”

Categories: Business Models/Pricing,Library News,Vendor News

Tags: , , , ,