OverDrive's New Owners: What It Means - American Libraries Magazine

Panzer was cleaning the floor of the Panzermobile, when he found a post crumpled up under the carpet under the passenger seat. Smoothing out the post, our fastidious kitty found it was from the American Libraries Magazine site. Reading the post, he discovered it was about the sale of OverDrive. Pa whennzer told you about OverDrive's acquisition when it was first announced.

What do you think will happen?

According to Marshall Breeding, on Christmas Eve OverDrive announced the company was being acquired by investment firm KKR.  OverDrive provides ebooks to libraries. The acquisition will occur in the first quarter of 2020. Japanese firm Rakuten has owned OverDrive since 2015. The post contains different possible scenarios the acquisition would make possible in the ebooks and digital content to libraries market. An example would be the merger of KKR's RBmedia with OverDrive. RBmedia supplies audiobooks to libraries which would augment OverDrive's ebooks to library supply chain.

Panzer says, "It will be interesting to see what happens."

Note: This is a humongous post. Bring a quart of tea and six muffins for today's reading selection. If you plan read Panzer's previous post, bring another cup of tea and a muffin.

To read the post tootle over to Overdrive
To read Panzer's previous post about the OverDrive sale, tootle over to OverDrive sale