[ellegriffin]

Yes! Exactly! Right now the ebook library model is based off the physical book library model where the library purchases a certain number of ebooks (say 10) and the author only gets a portion of the royalties on those ten copies, and then the library loans those copies out to an unlimited number of people.

It should be managed more like Spotify- where books can be read unlimitedly, but the author gets paid royalties every time someone reads their book. (Similar to how an artist gets paid everytime their song is streamed). I might actually write about this for a future post.

[snet0]

This is what I think the best course looks like. I know there are issues with Spotify's model (at least, I have heard people make this claim), but given that music had to transition to a streaming-based model (and considering that written text looks to be slowly going this way, too) the per-consumption royalty looks good to me.

Of course, instantiating this in the real world is another question. For ebook libraries, it certainly seems plausible, but for regular libraries?

[ellegriffin]

Right, exactly. And we could learn from spotify (pay the creators more). But the ebook library is huge now and could easily be transformed. The only problem is that they aren't charging a monthly subscription fee (like Spotify) and so they would have to use donation dollars to fund that. And yet, I have to wait 15 weeks to get a book on my kindle because other people are reading it first, which seems very outdated.