From a Library Futures Blog Post:

In October 2023, Library Futures gathered a dozen library experts and practitioners to create principles for library ownership of digital books. These principles are meant to establish a foundation of trust between publishers and libraries so that publishers can sell digital books to libraries and libraries can build permanent digital collections. 

Library ownership is key to an equitable digital future. We continue to believe that authors should write books, publishers should publish them, and libraries should purchase, preserve, and share them. We believe these principles can guide libraries and publishers as we continue our work in the digital age.

The Principles on Library Ownership of Digital Books:

• Libraries must be able to purchase and own digital books.
• Libraries must preserve digital books.
• Libraries must provide access to digital books.
• Libraries must protect reader privacy.

Direct to Full Text: Principles On Library Ownership Of Digital Books

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Filed under: Companies (Publishers/Vendors), Digital Collections, Interactive Tools, Libraries, News