ProQuest Will Pilot New “Access-to-Own” Ebook Acquisition Model Beginning in Mid-2016

From PQ:

ProQuest will pilot a new ebook acquisition model called “Access-to-Own.”
Access-to-Own facilitates title ownership by applying budget dollars spent on rentals to perpetual purchases. The model, which utilizes Demand-Driven Acquisition (DDA), addresses short-term loan (STL) pricing concerns and provides access to more front list content than may be available with short-term loans, and results in more content ownership.
“ProQuest developed DDA to enable librarians to expand access to a large selection of ebooks while only paying for those that are used,” said Kevin Sayar, Senior Vice President and General Manager, ProQuest Books. “This complementary new model addresses concerns around STL pricing – both for libraries and publishers – by exchanging a higher price point for rentals in return for expenditure toward ownership of books.”
[Clip]
The pilot for Access-to-Own will launch in mid-2016, with 14 publishers already signed on and many more expected to participate: Cambridge University Press, Oxford University Press, SAGE, Taylor & Francis Group (which includes Routledge, CRC Press, and Ashgate), Wiley, Berrett-Koehler Publishers, De Gruyter, Guilford Press, John Benjamins, World Bank Publications, University of Pennsylvania Press, Indiana University Press, University of North Carolina Press, University Press of Colorado, and Fordham University Press.

Read the Complete Announcement From PQ

Filed under: Companies (Publishers/Vendors), Libraries, News