Earlier quoted context omitted.
I think this does not mesh well with their mission. They are the Internet Archive , the archive of freely (in the past) available stuff that can't be found anywhere else, in most cases. This is much more fragile than old books which likely exists in thousands of copies anyway. I do not admire their stance, and am unhappy that they are recklessly jeopardizing their unique thing to make a case where they have a very bi…
Let's go ahead and put to rest this theory that they're going to cease to exist. They don't have enough resources to be destroyed. Suppose the naysayers are right and they're going to go bankrupt. What happens in bankruptcy? They sell their assets for fair market value. To a new non-profit that uses them for the same purpose. All that requires is that they raise an amount of money similar to what they ordinarily have…
Maybe.
The other thing that could happen is that their assets get valued by some 3rd party and the publishers own IA's assets as part of the settlement (who presumably destroy them).