ProQuest Introduces “Access-to-Own” Demand-Driven Ebook Acquisition Model
New model applies rental spend toward ebook ownership
MOUNTAIN VIEW, CA, November 4, 2015 – In collaboration with libraries and publishers around the world, ProQuest will pilot a new ebook acquisition model called “Access-to-Own,” the latest in a series of flexible access models offered by the industry-leading information solutions provider. 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 frontlist 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.” ...more
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