Penguin Looks For New Library Partners

Penguin announced that as of February 10 it "will no longer offer additional copies of ebooks and audiobooks for purchase via Overdrive" and is severing their ongoing relationship with the vendor. Libraries will continue to have access to titles they have already purchased, and Penguin is negotiating a "continuance agreement" with Overdrive to service the products that have already been sold. The move is an outgrowth of the publisher's suspension of sales of new titles to libraries in late November. At the time they said that "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."

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Penguin Withdraws From Overdrive; Looks For New Library Partners: