[LIBRARYDIR] {Disarmed} FW: OverDrive to Acquire Kanopy

[Bem, Greg]

FYI. I wonder if the acquisition will disrupt the PPU and other pricing models.

Greg Bem, MLIS
Faculty Library Coordinator
Library Learning Commons
Lake Washington Inst. Of Technology
Pronouns: he/him/his

Contact Info
greg.bem at lwtech.edu<mailto:greg.bem at lwtech.edu%0d>
425-739-8100 xt.8898
http://www.lwtech.edu/campus-life/library

From: Kevin Sayar <kanopy at kanopy.com>
Sent: Wednesday, June 9, 2021 10:30 AM
To: Bem, Greg <Greg.Bem at lwtech.edu>
Subject: OverDrive to Acquire Kanopy

EXTERNAL SENDER: Use caution with links and attachments
________________________________
Hi Greg,

We are excited to announce that OverDrive, the award-winning industry leader in the library distribution of ebooks, audiobooks, magazines, and more, has entered into an agreement to acquire Kanopy. We believe this transaction will benefit the public and academic library communities, our suppliers, and the patrons, students, and faculty we both serve.

As a primary benefit, we are excited to extend to the OverDrive network all the success and patron engagement of the Kanopy video catalog, apps, and platform providers.

Additional information is forthcoming, but at this time we are unable to provide any details until the close date.  In the meantime, Kanopy will continue to operate “business as usual” with no changes to either companies’ operations.  Please contact your account representative if you have any questions.

We sincerely appreciate your support and look forward to working with you on Kanopy’s next sequel.

Sincerely,
Kevin

--
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Kevin Sayar
Chief Executive Officer, Kanopy


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