January 16, 2021

Report on OverDrive’s Expansion into International and School Markets

From Crain’s Cleveland Business:

Since OverDrive is now officially owned by a foreign company — about a year ago, it was acquired for $410 million by Rakuten Inc., which is often described as Japan’s version of Amazon — it’s only appropriate that to talk about its international expansion efforts first.

In March, OverDrive hired Steve Rosato to help lead those efforts. One of his main jobs will be to sign deals with Spanish language publishers, which will help OverDrive sign up more libraries in Central and South America.

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Although OverDrive has long served schools libraries, these days the company is pushing harder to get schools to use its system for another purpose: Borrowing textbooks and other materials for students to use in the classroom. That effort is driving most of the growth in OverDrive’s education segment, Potash noted.

Read the Complete Article (approx. 600 words)

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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