Cuts Threaten Authors’ Income From UK Library Loans

“Authors receive just over six pence per loan, up to a cap of £6,600, through the Public Lending Right (PLR) scheme, something many describe as a ‘lifeline’. … [T]he scheme’s budget is being reduced this year by 3%, to £7.45m, and authors are desperately concerned that further reductions will be forthcoming in the autumn….”