phmadore writes "Publishing Perspectives is talking today about the rise of e-book lending, which, one would hope, will lead to a rise in questioning exactly how far one's digital rights extend. Although the articles are mostly talking about the authorized lending programs through Kindle and Nook ('The mechanics are simple: ebook owners sign up and list books that they want to allow others to borrow. When someone borrows one of the ebooks you have listed, you earn a credit. Credits can also be purchased for as little as $1.99 from eBook Fling'), we have to ask ourselves why we are suddenly paying publishers more for less. In the case of iBooks, you can't even transfer your books to another device, let alone another user, but then at least the prices are somewhat controlled. In the case of sites like BooksOnBoard, you've got ridiculously out-of-control prices with a greatly decreased cost of delivery. It's not all bad, don't get me wrong; Kobo offers competitive prices that never leave me feeling ripped off or stuck with an inferior product. Still, I can't help but think: digital rights management, sure! Where are my rights, as a consumer, and who is managing them? I wouldn't mind selling the rights back to the publisher or store for in-store credit; I also wouldn't be terribly bothered if they got a reasonable cut off the resale of the product to someone else. What I won't like is if they never allow it or continue to make it impossible for me to sell what's rightfully mine."
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