U. Mich. Press pricing plan

["James J. O'Donnell" <provost@georgetown.edu>]

>From Chronicle of Higher Education

August 24, 2010, 05:16 PM ET
U. of Michigan Press Tries Short-Term Rental Option for E-Books
By Paige Chapman

E-textbooks are not forever. Most publishers make their academic
titles available for only a semester, or a year, after which time, the
digital files self-destruct.

Now the University of Michigan Press is trying an even shorter rental
period for its e-books. Customers have the option of renting 261 of
the press's most popular scholarly texts for either 40 percent or 75
percent of list price, for a rental period of either 30 days or 180
days. Essentially Michigan is combining two emerging trends in the
textbook industry: rentals and e-books.

A digital book from the University of Michigan Press that originally
cost $22.95 could be rented at $10 for 30 days, or $18 for 180 days.
The clock starts ticking when the book is opened, and the digital file
can be viewed on up to six devices -- whether it be a PC, a Mac, or an
e-reader.

<snip>

Full article at:  http://chronicle.com/blogPost/U-of-Michigan-Press-Tries/26429/

Jim O'Donnell
Georgetown