Kadokawa joins e-library venture

JIJI

Publishers Kadokawa Corp. and Kodansha Ltd. and bookstore operator Kinokuniya Co. said Tuesday they have founded a planning company for electronic book services for school and public libraries.

Japan Digital Library Service Co., equally owned by the three, will work out details of services, but electronic book lending is one assumed business area. The company is expected to go into business in the first half of next year.

With no established rules on electronic book services for libraries, prices and the way the services are used, the company also aims to set such rules and standards.

The company will consider seeking investment from other publishers and bookstores in the future.