The report explores the revitalization of library publishing and its possible future, and examines elements that influence the success and sustainability of library publishing initiatives. The authors trace the history of library publishing and factors that have transformed the publishing landscape, and describe several significant library-press collaborations forged over the past two decades. Authors include results of a survey they conducted to better understand how current library publishing initiatives are supported financially. They conclude with a series of observations about the range of publishing initiatives in American academic libraries. The report was funded by a grant from The Goodall Family Charitable Foundation. The following are appended: (1) Sources Consulted--References and Bibliography; (2) Survey; and (3) Current Enterprises.