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Macmillan Reverts Library eBook Licensing Terms in Response to COVID-19

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The US trade publisher Macmillan  just announced a pricing change in response to the current epidemic.

Macmillan sent librarians an email today, informing them that Macmillan's contract terms will revert to the terms in place in October 2019 ( library ebook prices up to 4 times retail, and a 52-loan limit per copy).

Macmillan Reverts Library eBook Licensing Terms in Response to COVID-19 Library eBooks

Here's the text from the email:

Dear Librarians, Authors, Illustrators, and Agents,

There are times in life when differences should be put aside.

Effective oNF riday (or whenever thereafter our wholesalers can effect the change), Macmillan will return to the library ebook pricing model that was in effect on 31st October 2019. In addition, we will be lowering some ebook prices on a short term basis to help expand libraries' collections in these difficult times.

Stay safe.

Given that the ALA has described these terms as "already unfavorable to libraries", I cannot be grateful to Macmillan. If they really wanted to help, they'd drop library ebook prices to match their retail ebook prices.

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