![]() One of the keys to Overdrives success is that they are the only company to offer Kindle books. We currently serve over 34,000 libraries and schools worldwide (up from 33,000 at end of 2014) and are serving public libraries in 23 countries, and schools and colleges in 43 countries. (91% according to LJ), Canada, UK and Australia via the OverDrive platform and we have recently added library partners to our network in Germany, Denmark and South Korea, to name a few. As you know, we serve the vast majority of libraries in the U.S. She went on to say “currently, we offer in our Marketplace (online catalog) 2.8 million digital titles – up from 2.6 million at end of 2014 – from 5,000 publishers. Hadie Bartholomew, Communications Manager at Overdrive said “Every month we add thousands and thousands of titles to our catalog and recently added hundreds of thousands of Smashwords titles.” They have a presence in almost all of Europe, Australia, New Zealand, Canada and the United States. Overdrive has the largest footprint out of any company that is involved in selling e-books, magazines, newspapers, video and audio. ![]() They got a huge cash injection and will be expanding the empire into new markets. Back in March they were acquired by Rakuten, the owners of Kobo. This is the first non-library that has bought into their ecosystem and Hoopla has big plans to expand into the educational segment in 2016.Ģ015 has been very kind to Overdrive, the undisputed king of the digital library space. Hoopla reported just today that they have forged a new partnership with California State University, giving students exclusive online and mobile access to more than 380,000 movies, music, eBooks and more. They have safeguards in place where collection managers define a payment threshold, so they won’t suddenly go over their allotted budget. They make their entire collection available on a libraries website and libraries only pay money when a user checkouts an e-books. The Hoopla business model is quite different from most other companies in the digital library space. Over 800 library are offering with Hoopla content, which services over 1,000,000 registered users! Hoopla is signing up 15 – 30 library systems every month thousands of patrons are now enjoying e-books and comics. Hoopla now has an extensive catalog of over 350,000 titles from companies like Disney, DC Comics, Universal Music, and Starz. They started out the year with only 13,000 titles and only a few hundred libraries were doing business with them. One of the greatest success stories of 2015 has been the rise of Hoopla and they are a serious contender in the library space. This number is poised to double in 2015 as Overdrive, 3M and Baker & Taylor gain more market share and expand internationally. Over 10 different libraries in the US and Canada had over one million digital loans in 2014, with two libraries lending out two million e-Books. ![]() That’s up from 89% in both 2013, when researchers thought that adoption had plateaued for good. The average number of e-books a larger library or consortium has in their collection is around 20,244, while medium sized libraries statistically had around 10,434 titles. One of the segments that has been consistently on the upward trend has been libraries.Ī recent report by the Library Journal has stated that 95% of all US libraries have an e-book collection. ![]() The e-reader and consumer e-book industry has hit the proverbial glass ceiling in terms of sales.
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