Penguin Random House Unifies Ebook Terms for Libraries
Ever since the merger between Random House and Penguin was announced, librarians have been left to wonder which terms of sale for library ebooks would ultimately win out: Penguin’s cheaper, but limited licensing terms? Or Random House’s more expensive, but perpetual access terms? Now, we know: it will be the Random House terms.
Penguin Random House executives announced today that all Penguin ebooks purchased by libraries after January 1, 2016, will be licensed on the perpetual access model now used by Random House.