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Īt the 2008 Public Library Association National Conference, OverDrive unveiled preliminary plans for the nationally touring Digital Bookmobile.
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Held in Cleveland, Ohio, the event focuses on trends, best practices, and outreach ideas for public library download websites. OverDrive holds a biennial user group meeting called Digipalooza to train and educate librarians on the download service.
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OverDrive's download services include several software as a service products for libraries, retailers, schools, publishers and the military, as well as web-based products for content protection and management.
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In 2012, OverDrive partnered with Nokia to launch Nokia Reading, an eReading app and service for Nokia's Lumia 900, 800, 710, and 610 Windows Phone devices. In 2008, Adobe and OverDrive jointly announced that OverDrive would be the co-developer and operator of Adobe ADEPT, a hosted DRM service to protect files viewed with Adobe Digital Editions. OverDrive has entered into partnerships with technology companies including Adobe Systems, Microsoft, Mobipocket, and Nokia. In 2008, OverDrive announced that it would provide download services for Borders Books.
OverDrive launched web stores for Harlequin Enterprises in 2005. In 2002, OverDrive was selected as the distributor of HarperCollins’ eBooks to the publisher's online retail stores. OverDrive's Libby and Sora programs for mobile devices can check out eBooks and audiobooks from libraries.īefore entering the library market, OverDrive distributed eBooks to a number of e-tailers. In March 2008, the company announced plans to provide MP3 audiobooks to public libraries as well as retailers. In 2007, the company launched its School Download Library, an eBook service for K–12 schools based on Digital Library Reserve. OverDrive added downloadable videos in April 2006. In 2005, OverDrive installed download stations into public libraries and added music to its library platform. In 2004, the platform was changed into a DRM-protected audiobook download platform. OverDrive launched its Digital Library Reserve, a digital download platform for public libraries, in 2002. On June 9, 2021, it was announced that OverDrive had reached a deal to acquire Kanopy, an on-demand streaming video platform. The sale of RBMedia's library division to OverDrive represents a merger of KKR's related assets. RBMedia and OverDrive are both owned by KKR, with KKR's OverDrive purchase concluded in June 2020. In June 2020, RBMedia sold its library assets to OverDrive this includes RBDigital, an app and service for the distribution of digital content. Potash later offered more details about the KKR acquisition in a message to OverDrive's library customers the acquisition was finalized in June 2020. The price of the sale was not disclosed, though Rakuten said it would recognize about $365.6 million in profit from the sale in the first quarter of 2020. In 2019, it was reported that private equity firm KKR would be purchasing OverDrive from Rakuten. OverDrive CEO Steve Potash remained in his position and OverDrive kept its name while operating under Rakuten USA. In April 2015, Rakuten bought OverDrive for $410 million, with the deal set to close in April 2015.
In 2014, OverDrive completed its headquarters in the Cleveland suburb of Garfield Heights, Ohio. The company announced a partnership with LexisNexis to provide the LexisNexis Digital Library, a customized eLending platform for the legal library market. An API is available which allows developers to integrate OverDrive content into various apps and platforms. The company also developed a Media Station, which allows users to browse their library's digital collection on touchscreen monitors and Internet workstations.
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In 2012, the company announced a series of service upgrades, including a browser-based ereader, audiobook streaming, which enable access to audiobooks via the company’s OverDrive Media Console app. In 2000, the company opened Content Reserve, an online ebook and downloadable audiobook repository from which its distribution business developed. OverDrive was founded in 1986 and initially converted analog media to digital formats, such as interactive diskettes and CD-ROMs.
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