You heard that right. The major publishers are concerned that the ease of downloading e-books from libraries will turn potential readers into book borrowers rather than book buyers thus eating into their profits. They argue that borrowing a print book from a library involves a hassle. You have to drive to the library to get the book and then to return it. However, with e-books you can download them from your home. So all these publishers are currently in talks with the libraries to figure out how they can make e-book borrowing more difficult.
On the other hand Amazon makes Kindle books available to 11,000 local libraries in the United States and the pace of e-book borrowing from libraries is currently exploding.
Jeez, why are traditional publishers having so many problems?
If they can't answer that question they deserve to go the way of the dodo!