Public Libraries Must Pay A Higher Price For E-Books Than Consumers Do, And It’s Squeezing Their Budgets

“While one hardcover copy of (Robin) Cook’s latest novel costs (a) library $18, it costs $55 to lease a digital copy — a price that can’t be haggled with publishers. And for that, the e-book expires after a limited time, usually one or two years, or after 26 checkouts.” – AP