Libraries have adapted to the modern era by lending out e-books. In many cases, electronic books provide patrons easier access to materials. But a new study says that they also threaten an old system of distribution, reports GalleyCat. The main problem is how electronic content is never really owned, but instead, licensed:
Unlike the print book business model, in which libraries buy a certain amount of books for a set price and distribute those texts widely, most digital content is licensed with specific conditions about when and where it can be distributed.