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Penguin Discontinues Its eBooks from Lending, Library Services

Global publishing giant Penguin has decided to block public libraries from offering its new titles to eBook lending services, which includes Amazon's new Kindle eBook lending service.

The publisher said that certain security concerns had forced it to take the decision but, did not reveal what these security concerns were. "Due to new concerns about the security of our digital editions, we find it necessary to delay the availability of our new titles in the digital format while we resolve these concerns with our business partners," Penguin spokesperson Erica Glass said in a statement reports ZDNet (opens in new tab).

"Penguin's aim is to always connect writers and readers, and with that goal in mind, we remain committed to working closely with our business partners and the library community to forge a distribution model that is secure and viable," she added.

Penguin did say that it might allow libraries to start lending the books owned by it at a later date but failed to specify when.

Book publishers are currently exploring the merits of eBook lending, as it allows users to read eBooks for free without buying them and pay a monthly fee for as many books as they can read. The idea of offering free eBooks to customers is appalling for book publishers' profits.

Apart from Penguin, publishers like Hachette Book Group, Macmillan, and Simon & Schuster also don't offer digital versions of their newest books for library lending.

Ravi Mandalia

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.