Report: “Australian Authors to Receive Compensation for E-Book Loans for First Time”
From The Sydney Morning Herald:
Authors, illustrators, and editors will be compensated for e-book and audiobook library borrowings for the first time, in a move by the federal government to bring lenders’ rights into the 21st century.
A $12.9 million expansion of the annual lending rights scheme over four years will be announced at Monday’s launch of the Albanese government’s national cultural policy.
The move, set to take effect from July, comes after the Australia Council’s National Survey of Australian Book Authors found the average income for authors to be $18,200, falling well below the poverty line.
Funding is currently apportioned based on an annual survey of physical books held by public libraries. In 2020-21 $22.7 million was paid out to 17,500 creatives and publishers. Until now, e-books and audiobooks had not been factored into payments.
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Filed under: Companies (Publishers/Vendors), Funding, Libraries, News, Public Libraries
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.