Exactly.
They're committed to render themselves useless: if people, aka citizens, do indeed need to pay a sub for accessing media they won't own (like stuff borrowed from the public library) why should they then be expected to also pay taxes in order to subsidies those public libraries, as well as the librarian's salaries? What will be their purpose in that model?
I'm really surprised the employees are not working hard against such a shift, it's quite obvious this won't end up well for them.