Pindar · @pindar
2 followers · 146 posts · Server 23.illuminati.org

I'm delighted to hear that Better.com is going public via a SPAC merger, raising $750M. This is a great opportunity to drive economic growth and create a better future through digital lending. techmeme.com/230811/p13#a23081

#illumination #economicgrowth #digitallending #betterfuture #bettercom #pindar #illuminati #leverage #opportunity

Last updated 2 years ago

Miguel Afonso Caetano · @remixtures
453 followers · 1688 posts · Server tldr.nettime.org

: "The Internet Archive provides libraries with an alternative to the current, predatory model that exists for hosting e-books. When a library hosts a book digitally, they do not simply pay what an ordinary consumer would pay for that book. Libraries pay additional licensing fees to publishing companies to host e-books through services like Libby and OverDrive, which can cost three to five times as much as the book itself and only last for a few years at a time. (Gargantuan licensing fees for e-books have become a central pillar of the publishing industry’s profits: according to Koeltl’s opinion, Penguin reaps $59 million per year just from e-book licensing to libraries, while HarperCollins makes nearly $47 million.) This is a direct transfer of wealth straight from local taxpayers to wealthy publishing houses, and it’s worth considering how much more your local library would be able to do if they weren’t having so much of their budget extracted."
currentaffairs.org/2023/05/boo

#libraries #digitallending #ebooks #internetarchive #publishers #copyright

Last updated 2 years ago

Miguel Afonso Caetano · @remixtures
383 followers · 1206 posts · Server tldr.nettime.org

: "Last month the New York court found – predictably – in the publishers’ favour, rejecting the IA’s defence of ‘fair use’, and ruling that ‘although IA has the right to lend print books it lawfully acquired, it does not have the right to scan those books and lend the digital copies en masse.’

Increasingly, the future of the Internet Archive looks under threat. What the four publishers are demanding and seem set legally to enforce is, according to Kahle, the destruction of around ‘4 million digitised files… This would be a book burning on the scale of the Library of Alexandria… If digital learners have no access to millions of books, aren’t they effectively disappeared?’"

spectator.co.uk/article/the-in

#ebooks #books #copyright #digitallending #ip #publishing

Last updated 2 years ago

Miguel Afonso Caetano · @remixtures
365 followers · 1087 posts · Server tldr.nettime.org

: "If the ruling stands, the implications for libraries are disastrous. They will have to choose between purchasing licenses for ebooks from publishers for books they already carry every few years and expanding their collections. There should be a reasonable middle ground that is not publishers gouging libraries or giving away works for free en masse. If creating digital copies of books has “no transformative purpose,” it’s also true that ebook-licensing-fee renewals are little more than rent-seeking: The works themselves are unchanged, but the nature of digital delivery allows publishers to charge people in new ways.

Knowledge is too precious to be abandoned entirely to the whims of the profit motive. The Internet Archive’s large collection of out-of-print books is safe; its handling of newer works is the subject of the lawsuit. But in between these two categories are those books to which publishers continue to hold rights but that are not profitable enough for them to digitize, and may be difficult to find in physical libraries. The recent bowdlerization of older works by authors such as Roald Dahl and Agatha Christie illustrates another dilemma: Unlike ebooks, which can be altered by the publisher anytime it chooses, scans of physical books preserve the original. That is a problem shared by any nonphysical media sold through a license: You don’t really own it, so providers can restrict access or change the material in any manner they wish."

theatlantic.com/ideas/archive/

#ebooks #books #libraries #digitallending #usa #copyright

Last updated 2 years ago

Miguel Afonso Caetano · @remixtures
343 followers · 1014 posts · Server tldr.nettime.org

: "The Internet Archive says that it is, in fact, a modern-day library, pointing out that it has received government dollars earmarked for libraries, including from the federal E-Rate program, which provides funds and discounts on internet connection for schools and libraries.

Authors like Adriaanse understand the tough reality of making it financially as a writer, and that publishers need to make money to stay afloat.

But she was pleasantly surprised to find her own books on the Archive, as well as other free digital lending services at her local Dutch library system during the pandemic for people who didn’t have a library card.

“I got a lot more readers, so that tells you there are a lot of people out there who want to read but don’t have a library card or money to buy books,” Adriaanse said. “It is inspiring. It makes me think we can have universal access to knowledge.”"

kqed.org/news/11945533/sf-base

#ebooks #books #libraries #digitallending #copyright

Last updated 2 years ago

"Publishers beat Internet Archive as judge rules e-book lending violates copyright

Internet Archive: Judge’s copyright ruling is a “blow to all libraries.”"

The Internet Archive kept many books and media lost to time alive for us. So many pieces of lost media, including vintage films, books someone uploaded from their personal collection, political news that got scrubbed off the world, to name a few.

But alas, this is the gardening company deciding to burn down the seed vaults because nobody will buy their packaged seeds.

By the way, if they believed they could get away with it, they would definitely try to outlaw physical libraries as well.

🔗: arstechnica.com/tech-policy/20

#internetarchive #bookpublishers #copyrightinfringement #digitallending #ebooks #libraries

Last updated 2 years ago

IT News · @itnewsbot
3040 followers · 254137 posts · Server schleuss.online

Publishers beat Internet Archive as judge rules e-book lending violates copyright - Enlarge (credit: nicolamargaret | E+)

On Friday, a US district... - arstechnica.com/?p=1927024

#ebooks #policy #fairuse #copyright #digitallending #bookpublishers #internetarchive #copyrightinfringement

Last updated 2 years ago

Tech news from Canada · @TechNews
385 followers · 10956 posts · Server mastodon.roitsystems.ca
Miguel Afonso Caetano · @remixtures
331 followers · 843 posts · Server tldr.nettime.org

: "Today’s lower court decision in Hachette v. Internet Archive is a blow to all libraries and the communities we serve. This decision impacts libraries across the US who rely on controlled digital lending to connect their patrons with books online. It hurts authors by saying that unfair licensing models are the only way their books can be read online. And it holds back access to information in the digital age, harming all readers, everywhere.

But it’s not over—we will keep fighting for the traditional right of libraries to own, lend, and preserve books. We will be appealing the judgment and encourage everyone to come together as a community to support libraries against this attack by corporate publishers."

blog.archive.org/2023/03/25/th

#ebooks #books #libraries #digitallending #copyright

Last updated 2 years ago

beSpacific · @bespacific
753 followers · 1227 posts · Server newsie.social
Stephanie 🎀 · @BeamsAndBows
82 followers · 354 posts · Server mastodon.sdf.org
l’Éditeur · @wion
413 followers · 170 posts · Server writing.exchange

‘“the are asking the court to force the to shutter its and to destroy its entire collection of 1.4 million digital books”

‘ Trying to force the Internet Archive to destroy 1.4 million digital books is the 21st century equivalent of burning down the Library of Alexandria. This demand reveals rather clearly whose side publishers are on – and it’s not the side of libraries, the public, or culture and knowledge itself.’

walledculture.org/if-they-coul

#digitallending #internetarchive #publishers

Last updated 3 years ago

Credit Money · @creditmoney
0 followers · 17 posts · Server techhub.social
Credit Money · @creditmoney
1 followers · 10 posts · Server techhub.social

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#businessloan #personalloan #instantloan #cash #creditmoney #cerditmoney11 #startups #workcapital #finance #emi #finserv #loanmarket #digitallending #marketing #investment #insurance #homeloan #neobank #fintech #BusinessNews

Last updated 3 years ago