Penguin removes 6 month embargo for libraries

Great news from Penguin yesterday.  They will remove the 6 month embargo period for library licenses.  Other limitations are also expected to be removed.  See the full article in ALA’s E-content blog – http://americanlibrariesmagazine.org/e-content/penguin-revisits-library-pilot-terms

Here is a brief snip from the blog post:

Penguin Group USA revealed today that, as of April 2, it will remove the six-month embargo on ebook titles licensed to libraries and instead offer new titles immediately after they are released in the consumer market. Other pilot terms are expected to continue, including a one-year expiration date on ebooks licensed to libraries and library pricing similar to what is offered to individual consumers.