Springer Verlag has been doing it right since 2006:
“Libraries buy direct from us and they own the content,” he said. “Once users download content, they can give it out, share, whatever. They own it.” Scottie explained that once libraries have paid for the content, the e-books are available without charge to everyone at these institutions, so there’s no need to repost or redistribute it online. Once the e-book is downloaded from the library, no return is necessary. “Some of our competitors are afraid to do this,” Scottie said, “but we say, free the content.’”
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