Well that sucks. The company behind Libby/Overdrive has been acquired by the same group that gutted Toys R Us: https://karawynn.substack.com/p/the-coming-enshittification-of-public-libraries

This is exceptionally bad news for libraries, which already strain against corpo nonsense to deliver digital materials.
The Coming Enshittification of Public Libraries

Global investment vampires have positioned themselves to suck our libraries dry

Nine Lives

@mttaggart So, I actually worked at OverDrive when the KKR acquisition happened. KKR is mostly leaving them alone and letting them do their own thing. OverDrive makes them money and that makes them happy. I don't think I can say much more than that...

I definitely think the removal of the "Recommend to Library" feature was a blunder and they kept saying there would be something to replace it. that hasn't happened yet obviously.

IMO the biggest danger to ebooks at public libraries are publishers who insist on ridiculous lending models, followed closely by OD's ability to remove features, promise something is coming to replace it, and then not doing it.

KKR is way down the list of threats.

@robotfactory Appreciate the insight; thank you!

@robotfactory @mttaggart They always leave these things alone... At first.

Ultimately it will be rendered a shambling, cannibalistic husk, the zombie version of its former self, until all joy and life has been drained out of its users.

The article is right to warn us-- Chokepoint capitalism wants libraries EXTINCT. Just like the post office, socialized health care, and, you know, the PLANET.

@violetmadder @mttaggart OD survived being owned by Rakuten for a few years. If they can withstand that I think odds are good they can survive this.
@robotfactory @mttaggart the article specifically states the full process usually takes 5-7 years.

@mttaggart Phew, this reply is making the rounds.

First, I'd like to say that I'm not defending OverDrive here, but I'm also not dragging them. At least I'm not dragging them about *this*. I'm definitely not defending KKR.

I worked at OverDrive for about 3.5 years from 2019 to early this year. I left for really frustrating reasons unrelated to this.

I had a great experience working there. I grew a lot there both professionally and personally. I worked with a lot of smart nerds who are really passionate about what they do and really believe in the company's mission to make the world a better place through reading.

That being said, like any company in our dumpster fire of a world, OD is not without problems. I know most of the people at OD want to do the right thing but all-consuming capitalism and our bonkers political climate are making that incredibly difficult.

I really do wish my former colleagues the best. However, company leadership let me down, personally, when I needed them most.

KKR in advanced talks to buy Simon & Schuster for $1.65 billion

KKR & Co Inc <a href="https://www.reuters.com/markets/companies/KKR.N" target="_blank">(KKR.N)</a> is in advanced talks to acquire book publisher Simon & Schuster from Paramount Global <a href="https://www.reuters.com/markets/companies/PARA.O" target="_blank">(PARA.O)</a> for $1.65 billion, according to people familiar with the matter.

Reuters
@mttaggart oh ffs, we'll never have anything nice ever again ever.
“Every extra dollar that KKR sucks out of libraries is another dollar they don’t have for buying books, or for librarian staffing, or for supporting any of the dozens of other small but important services that public libraries provide their local communities” @karawynn
@mttaggart
@mttaggart so the corporate pirates are gonna sell overdrove user daya and then shutter things? Cool
@chipchirp Honestly unsure, but I feel like Libby's gonna be my next target app to investigate.
@mttaggart @ULTRAGOTHA fuck. I only just got into Libby this year, and it's been indispensable for reading while gardening. 😭
@crystalvisits @ULTRAGOTHA Libby is great—at least it was. Although now I'm deeply curious what data it's sending where.
@mttaggart
That's awful, I hope libraries have some sort of option to shift away to
@mttaggart
Nooooooo I love Libby!!!! 😖
@mttaggart read this with horror as our #NorthYorkshire #Libraries use #OverDrive .. logged in to see they are now clearly switching to #BorrowBox. #Libby is still available but maybe not for long. Due to massive cuts to services many of our libraries are volunteer run and suspect they can't afford the hike in fees.
@mttaggart *FUCK*
ETA : and thank you for sounding the alarm.
@mttaggart I use Libby EVERY DAY. This is bad news indeed.
@mttaggart thank you for this comprehensive look at yet another capitalist siphon of public wealth and well being. Now to publicize without the benefit of an inclusive social media platform dedicated to organizing. #Overdrive #Libby #libbyapp #nnk #hostiletakeover
@mttaggart A distressing read. How to keep vampire capitalism from fucking up public services? 🤷🏻‍♀️ Rules, regulation I suppose—dirty words, of course, to lawless operators.
@mttaggart This news is making me hyperventilate. I need to go pace outside
@3x10to8mps I mean the acquisition happened in 2020 and the app still works. But it's concerning that such a critical service is in such predatory hands.

@mttaggart The app does still work because there's still money for KKR to suck out. And some of the user friendly functionality is already limited. They are very well known among venture capitalist firms. I think the case of Toys R Us is very telling of their modus operandi

I don't see it happening soon, but another service needs to be developed to compete with Overdrive

@mttaggart NOOOOOOOOOO!!!!!! Dammit that sucks!!
@mttaggart KKR IS A HORRIBLE #PrivateEquityFirm and that is the last goddamned thing we need! #BanPrivateEquityFirms

@mttaggart If you haven't, check out the Palace Project. Library centered non-profit working on delivering ebooks to the people. Fewer books so far, but good.

https://thepalaceproject.org/about/

About - The Palace Project

Libraries are palaces for the people Drawing on the long tradition of libraries as the center of citizenship and engagement, The Palace Project name was chosen to highlight the central role of libraries in public life and the idea of public libraries as “Palaces of the People”. The goal of The Palace Project, a new

The Palace Project - The People's Palace