@David Gewirtz ... but that is an artifact of the increased cost of publishing. Publishers could decide to charge libraries the same for ebooks as they do for hard-bound books and both sides still win. Instead of copies, publishers could sell concurrent licenses which could be lent out for limited periods.
There are lots of benefits to this approach.
The creation of content is the expensive part because it requires huge numbers of man-hours. Today, authors use publishers for distribution but that may change. They may start publishing their works themselves - just as some musicians do.
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