E-books: Is Collecting Vinyl Appropriate in the 21st Century? Scott Meiser Senior Director, Research Information The PLL Summit 21 July 2012

1 E-books: Is Collecting Vinyl Appropriate in the 21st Century? Scrolls Physical Book Digital Book What survives – ePUB, Kindle or something else? Phonograph 8 Track Cassette CD Digital Music Are eBooks “vinyl”? Was “vinyl” bad? If you’d said Betamax…. An extremely abridged history of recorded music Do you remember all of the record speeds? An extremely abridged history of the book Do you remember all of the competing recording formats for Digital Music? We are on a path to somewhere, but we always are. Is this stop worth making?

2 E-books: Is Collecting Vinyl Appropriate in the 21st Century? The train is pulling into the station (signs say “yes”, the stop is worth making) Source: AAP survey (2010) E-Book Revenue Continues Growth Across Trade in March, Children’s Still Surging Source: Jeremy Greenfield, Editorial Director, Digital Book World E-book revenue in March across adult, children and young adult and religious titles was up nearly 50…Overall, revenue in the book trade was down in the March 2012 versus March Most U.S. College Students Now Prefer Digital Reading Source: Pearson surveyhttp://paidcontent.org/ –College students prefer digital over print for “fun” reading (57 percent) and textbook reading (58 percent), “a reversal from last year, when more students preferred print over digital.”

3 E-books: Is Collecting Vinyl Appropriate in the 21st Century? But what about the Legal Market? On a scale of 1 – 5, 5 being the most desirable, what content would you use in eBook? We expected that… Source: LexisNexis research (2011) …but how did that happen??? …And why are they different?

4 E-books: Is Collecting Vinyl Appropriate in the 21st Century? Where do I start adding eBooks to my collection? ModelsTraditionalDigital GrowthDigital Library Transition Content - Some titles transitioned to digital with the majority of the collection retained in print. - User choice - Additional titles moved to digital. - Likely a digital and physical library based on patron preference. - Entire print collection moved to digital. - Full Digital Library. - Motivated by accessibility and cost savings Example Content Desk reference or Court rules Mix of all content in Digital (“one Colliers set in Digital; one in Print”) All titles migrated to Digital Need - A select group of digital users (who has the iPads?) - Publisher content support - A “digital vision” - An “executive champion” - A library platform - Publisher content support -An “executive champion” - A device / mobile strategy (if you’re now only digital, how do folks access?) -A migration and rollout strategy

5 E-books: Is Collecting Vinyl Appropriate in the 21st Century? More about LexisNexis eBooks and the Digital Library Questions? Thank you