"We already know that the lending model for print works just fine, and I see it as no more than a threat than that."
The article addresses that. There's much less friction/effort to borrow and return a physical book, than there is to borrow and return a digital version of the same book.
So, all other things being equal, the # sales displaced by one ebook under CDL is going to be higher than that of a physical book, assuming both have the same shelf life and there are no restrictions on lending except for one-at-a-time.
The article addresses that. There's much less friction/effort to borrow and return a physical book, than there is to borrow and return a digital version of the same book.
So, all other things being equal, the # sales displaced by one ebook under CDL is going to be higher than that of a physical book, assuming both have the same shelf life and there are no restrictions on lending except for one-at-a-time.