I was not aware of the dividend on every loan in other countries. If you can provide a reference to where and how much, that'd be quite interesting.
Ireland has it in place under the provisions of our Public Lending Remuneration Scheme, which is currently capped at €200,000 per annum, paid at a rate of 4.39 cents per title borrowed in 2020. Payments to individual authors are capped at €1,000 with a minimum sum of €2. Authors receive an average payment of just under €32 per year for having their books borrowed from public libraries in Ireland.
Under the PLR scheme in the UK authors can receive a maximum annual payment of £6,600.
I wonder how that compares with the fees US libraries are being for digital lending rights to publishers…
This is the same as controlled digital lending.
> and eventually have to replace them (due to wear and tear or e-licensing conditions)
Physical books frequently last longer than copyright terms and it's not obvious why authors should be entitled to double dip just because someone spilled their coffee, i.e. it should be equally reasonable for a library to print their own physical replacement copy of a damaged book that they already own, because they already own it.