at the library is estimated to be $12.50. The estimated value that library patrons receive from the Ebooks provided by the library was nearly $308,200 in FY17. Film Circulation A well-established market exists for the rental of film including the rental of DVDs and the streaming of electronic content. Two of the most popular DVD rentals services include Redbox and Netflix. Prices vary among DVD rental services with Redbox charging $1.86 (including sales tax) for most DVDs. Redbox rentals take place at kiosks located at many community drug stores, gas stations, and similar locations. Netflix charges a monthly rate based on the number of discs received per month and delivers discs via mail. For standard DVDs, prices start at $4.99 for up to two discs per month and go up to $11.99 per month for unlimited disc rentals, with up to 2 discs checked out at a time. Streaming services, such as Amazon, Netflix, and Google Play, can lower the per unit price of film rentals (with monthly subscriptions starting around $7.99), it can often be difficult to stream content in more rural areas due to a lack of reliable, high quality, constant internet connection. Therefore, physical disc rentals are assumed to be the viable alternative in the study area and the conservative per unit rental price of $1.86 is utilized. Library patrons checked out DVDs approximately 101,500 times and downloaded another 2,135 movies in FY17 with a total value of nearly $192,700. Periodicals In total, the library has approximately 1,200 periodicals in circulation. Library staff estimates approximately 4,000 in-house uses of these periodical materials throughout the year. The value of periodicals ranges significantly. For purposes of this study, a conservative estimate of $5.00 per use, the estimate value a patron would be willing to pay to access the individual issue of interest, places the total estimated value of the periodicals use at $20,050.
Estimated Value of Core Collection Materials
EBooks & Downloadables
$8.3 Million Audiobooks Periodicals
$20.1K Economic and Community Impact of the Wicomico Public Libraries
Conducted by BEACON 2018