Evaluating PDA using financial analysis for streaming videos: a case study at a US academic library

Abstract

Purpose The purpose of this study is to evaluate the pre and post success of patron-driven acquisition (PDA) streaming video projects using financial analysis, thus comparing PDA as a collection building tool against other legacy purchasing practices. Design/methodology/approach This is primarily a quantitative study based on deductive data derived; however, it does include qualitative findings. Hence, it is a mixed study. Findings The study approaches this topic from the viewpoint that ongoing evaluations of PDA projects, based on savings and benefits derived, can be practically conducted and are useful for CD decision-making by purchasing agents in academic libraries. Research limitations/implications Caution should be used when generalizing this study due to its specificity of its library’s collection development (CD) needs and methodology. The study is not intended to be original research, but it builds upon other case studies in this area. Practical implications In addition to improving CD strategies, libraries could use this study to develop a financial valuation methodology, which can help guide purchasing practices. Social implications This study has implications to all library stakeholders. Originality/value Few studies have compared and analyzed streaming video PDA programs using financial analysis in a practical manner to aid library acquisitions.