I don’t often agree with Scholarly Kitchen, but this has a point:

“In my view, publishers are making a very, very big mistake in not addressing the interests of librarians about lending rights. Libraries are in the business of lending books and other materials; when publishers hesitate in making e-books available to libraries, librarians naturally act to preserve their interests. Telling a librarian that “this is the future; deal with it” is not a wise strategy — because all established institutions seek to persist. Librarians have gathered formidable intellectual talent to further their aims and the first-sale doctrine is being prepared to go on stage in the digital age. The prudent action for publishers is to establish library-lending programs for e-books so that first-sale does not become a rallying cry against all form of copyright.”

Source: The Time Machine Investigates the First-sale Doctrine