ResourceBlog Article: OCLC Sells NetLibrary to EBSCO, Will No Longer Sell Vendor-Owned Databases On FirstSearch & Relationship with H.W.Wilson Also Changing

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Wednesday, 17th March 2010

OCLC Sells NetLibrary to EBSCO, Will No Longer Sell Vendor-Owned Databases On FirstSearch & Relationship with H.W.Wilson Also Changing

Another acquisition in the library world and this one will see EBSCO becomes an audiobook and eBook provider with acquisition of NetLibrary.

From an Announcement:

OCLC and EBSCO Publishing have announced that EBSCO has acquired the NetLibrary Division. The purchase includes the NetLibrary eBook and eAudiobook platform as well as operations and infrastructure in Boulder, Colorado. As eBooks become mainstream components of a library's eContent collections, there is increasing value to libraries to be able to integrate eBook acquisitions and delivery with other electronic databases and eJournals. EBSCO will maintain and enhance the NetLibrary platform and will also work to integrate NetLibrary eBooks into the EBSCOhost platform. There will be no interruption in service to libraries.

The other news concerns FirstSearch. OCLC no longer wants to be a reseller of vendor-owned databases.

Therefore we will transfer or discontinue sale of the vendor-owned databases on FirstSearch when subscriptions have ended. We will instead increase our focus for both FirstSearch and WorldCat.org on providing libraries with access to a rich set of library-owned content and increasing visibility and access to the full scope of a library's collection. We will work with libraries, publishers and other information providers to expand WorldCat.org as a comprehensive platform for eContent.

So, what about the vendor-owned databases?

As a part of this migration, EBSCO has acquired the rights to license a select number of vendor-owned databases that we currently offer on FirstSearch. Our long-term relationship with H.W. Wilson is also changing as we will work together to transition from reselling Wilson databases on FirstSearch to indexing Wilson databases in WorldCat Local over the coming months. There will be no interruption in service to libraries.

More Resources:

+ Letter to OCLC Members, Signed by CEO Jay Jordan

More detail on what was discussed above including:

Securing libraries’ investments in NetLibrary eBook collections is a critical element of the agreement. All NetLibrary eBooks purchased by libraries will be placed in a dark archive, the OCLC eBook Archive. EBSCO will continue to place all new NetLibrary eBooks purchased by libraries into the OCLC archive at least through March 2013.

Discoverability of your eBook collections through WorldCat.org will continue with your future NetLibrary eBook purchases. Today, records for more than 2.2 million eBooks are available through WorldCat.org and EBSCO will continue to offer OCLC MARC records free of charge to libraries for NetLibrary eBooks.

...proceeds from the sale of the NetLibrary assets will be invested both in advancing future member services and in current operations so that we can hold the line on prices. OCLC will hold prices flat in the U.S. on all WorldCat and WorldCat platform services for a second consecutive year—through June 2011.

+ All the Details: More on EBSCO and NetLibrary

+ All the Details More About from OCLC and H.W. Wilson

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