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Library E-Book Lending Poses Rising Problem for Publishing Industry

wsj.com – Friday July 26, 2019

One of the country’s largest book publishers is changing the way it sells e-books to libraries, whose increasingly popular digital-book borrowing apps are taking a toll on its sales.

Macmillan, whose recent hits include Michael Wolff’s “Fire and Fury” and James Comey’s “A Higher Loyalty,” plans to limit each library system’s access to only one digital copy of each new book it publishes in the first eight weeks of the book’s release.

The move comes as borrowing e-books from local libraries has become easier than ever and as other leading publishers have adjusted their terms.

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