Quote from Osayidan;765288:
Regardless of any arrangements or restrictions, libraries don't pay royalties for every time someone rents out a book. If they did it would cost a lot more than an annual library membership card and a few late fees.
Which means that, one of the main arguments of the big media studios is shot down.
A) If someone rents a book or movie from a library, it's likely because they're not going to go buy it. Therefore, by their logic "loss of potential revenue".
B) Likewise if someone pirates a copy of the same book or movie, "loss of potential revenue".
Ignoring the fact that not everyone who pirates something had the intention of legally purchasing it had they no other choice (which seems to be what they think), you're still left with that huge, gaping hole in their logic, at least for that argument.
Same thing with inviting a bunch of friends over to watch a DVD. You paid for the DVD, your friends didn't. How likely is each of your friends to buy the movie after seeing it with you? Loss of potential revenue.
Their loss of potential revenue argument is a big joke. They should stick to the only argument that is valid, which is that stealing is against the law.
Except loss of revenue is not an argument that is used to determine legality in the first place. It is more of an argument that explains how people who say that piracy does not negatively impact people who work and produce content are not too bright.
In the case of libraries, yes, publishers do lose some revenue in certain cases, but that is counterbalanced by the fact that libraries have been a pillar for the improvement of society for centuries (or technically millennia), not to mention the fact that they do so while following the law. You can buy a DVD and lend it to your friends so you can all watch the movie. From the company's point of view, you'd be an ass, but you're not breaking any law and the damage you do is pretty insignificant because you can't share it with hundreds of thousands of people like you would if you let people make copies of it through downloading. That is a reasonable balance.
In a related note, libraries are having trouble implementing eBook lending right now. Part of the reason is that publishers are reluctant to give their OK here as lending over the net is more convenient, so they fear it tips the balance against them too much. eBooks also don't wear out, unlike paper books, so libraries wouldn't need to order new copies to replace them. They're trying to rebalance this by adding a checkout limit for each eBook license...
Needless to say, trying to equate library lending with piracy is pretty silly.