The Wall Street Journal reports on the modest progress of the eBook industry in 2003. The
Open eBook Forum (OeBF) estimates full-year eBooks sales in 2003 at USD 10 million, up around 32 percent through Q3 over the previous year, but library usage is the real story that promises to spur more momentum this year. Thanks to increasing purchases of content and eBook management systems from OverDrive and other suppliers by public libraries that are trying to service today's digitally oriented patrons more cost-effectively, eBooks circulation is expected to increase significantly this year in public libraries and to spill over further into PDA-oriented reference materials in professional circles. Expect library eBook content to offer publishers major opportunities for upgrading eBooks users and other rights-protected content borrowers to full and complementary content purchases, making libraries an increasingly important venue for developing relationships with purchasers - a relationship that may yet prove to provide new sources of funding for local lending institutions.