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Challenged by a historically small monographs collection, a considerable growth in the number of students and academic programs, and faced with space limitations in the stacks, Quinnipiac University librarians began their large-scale investment in e-books in January 2011. Initially, we subscribed to ebrary’s Academic Complete collection. That same year, we began a conversation with EBL and its then Vice President of Sales, Dr. David Swords. It was our desire to compare a subscription approach with a patron-driven acquisitions strategy as we further examined the place of e-books in our libraries. Initially, in 2012, we offered EBL titles published from 2010–2012. Yet, questions remained around the purchase of e-books even when our patrons used EBL titles. An e-book, used but once or twice took up no shelf space, but it represented a purchase— funds spent. In ownership, it also represented a unit that required care; feeding; and, quite possibly, weeding. Discussions with our colleagues at Fairfield University about their short-term loan (STL) strategy intrigued us, and we are indebted to them for sharing data, observations, and issues encountered. In October 2012, Quinnipiac’s Arnold Bernhard Library expanded its own STL initiative, making available the entire EBL catalog and adhering almost completely to STL activity. That is, we bought almost no e-books but made more than 300,000 academic titles available to our patrons. Charles Getchell, former Director of the Bernhard Library, Quinnipiac; June DeGennaro, Collection Management Librarian, Quinnipiac; and David Swords, EBLEbook Library/ProQuest will share with you key elements of the planning, implementation, and outcome assessment of this full-fledged STL program at Quinnipiac University. Surprises, discoveries, and future plans will be shared as well. We remain intrigued, as, at present, only three known academic libraries in North America have this valuable access strategy in place. This concurrent presentation, offered Thursday afternoon, was well attended by librarians and publisher and vendor representatives. It was one of many presentations dealing with e-books— clearly, in general, a topic was of great interest to conference attendees. We appreciated the interest, curiosity, and excellent array of questions that followed our own comments and conclusions. We work and maneuver in an ever changing and challenging landscape, and while publishers, vendors, and librarians share common desires for success and work more closely than in decades past, harmony and balance can be elusive—that is it can be damn tough to construct an equation where costs, benefits, and revenues are all sufficiently satisfied. Quinnipiac University libraries and their vendor partner added another case study to the multitude of submissions and how it addressed a set of specific problems against a broader backdrop of challenge and change. The authors/presenters are pleased to share with the larger audience for further consideration, discussion, and possible implementation as our three groups—whose representatives gather annually in Charleston but communicate steadily throughout the year— continue to get closer to harmony and balance. Publishing, Business Models, and Change For millennia, books were fragile and scarce. Libraries were their refuge and could be counted on to collect and give safe harbor to civilization’s record of itself. As the pace and scope of information production grew with print, small print runs made it important for libraries to collect scholarly books soon after publication. In recent times, practices such as approval plans gave libraries an organized, labor-efficient means of

“Access Versus Ownership” Revisited: The Quinnipiac University Libraries Short-Term Loan Project