It might, however, be palatable for those book lending outfits already planning to go all-digital.
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Modernise library services to expand the provision of superfast broadband and e-book lending.
Of the six largest publishers in the U.S., only two have full-fledged library e-book lending programs: HarperCollins and Random House.
At least one major publisher is warming up to library e-book lending.
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Before libraries and publishers can come together and agree how to solve the problem of library e-book lending, they probably will have to understand each other.
Overdrive, which powers the back-end of e-book lending for thousands of libraries, has confirmed that Penguin is no longer allowing library lending of its new titles.
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Before the end of the month, Amazon Prime members will be able to access the Kindle Book Lending Library, giving them access to over 200, 000 eBooks on their Kindle tablets.
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But evidence indicates that publishers may not have much to fear from library e-book lending -- just like they haven't been hurt by library lending of print editions of current bestsellers.
CNN: E-book lending: Your public library's best kept secret?
Major publishers are taking wildly different approaches to resolving the woes surrounding e-book lending at libraries: they're experimenting with both the short-yet-cheap subscription as well as an expensive option to pay only once for perpetual use.
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Not even a sudden surge in comparisons between Kindle and Nook or the announcement of Kindle book lending and magazine on free-apps, or the announcement of a 39% increase in sales makes a marked difference in late 2010.
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Publishers have largely resisted e-book library lending because they're concerned it might undermine their own e-book sales.
CNN: E-book lending: Your public library's best kept secret?
So why is the publishing industry in a huff about e-book library lending?
Its capital position must remain strong: capable of at least maintaining its lending book, absorbing shocks, and commanding enough confidence to allow borrowing without state guarantees.
Penguin, for instance, is embarking on its library lending pilot with e-book distributor (and German industrial giant) 3M, some say because it may not want to do business with OverDrive.
The Digital Shift blog is reporting that as of today, Penguin Group USA will no longer permit any library lending of its new e-book titles.
FORBES: Penguin Group Has Halted Library Lending For E-Books
The book contains several notations from game artists and creative folks, lending a nice touch of history behind the style and concepts of characters and locations.
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Bestseller The Story Of Tracy Beaker, is the single most borrowed book over the same period, according to figures released by Public Lending Right (PLR).
As Thomas Woods noted in his book Meltdown, banks in 2008 only accounted for 20% of corporate lending.
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With major bank stocks trading at below book value today, the deal offers some questions about the ability of lending institutions to find earnings value in the near term, with the federal funds interest rate still near zero.
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The McDonald book is remarkable for its relentless focus on the effects of a low-income lending ideology as a cause of the financial crisis.
Going the digital route has certainly been a growing trend -- 3M recently launched a Cloud Library lending service while one Austrian town kicked off its own unique e-book repository based on stickers equipped with QR codes and NFC chips.
The book, based on information collected before 24 November, also says that consumer spending has weakened, while lending has contracted.
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