This paper addresses organization and management issues related to library material selection and acquisitions in the digital age, based on the author's experiences at the University of North Carolina at Chapel Hill library. The first part of the paper focuses on selection. The following principles of selection are discussed: (1) developing a balance of subject areas that reflect academic or community needs for information; (2) building collections with breadth and depth; (3) building collections cooperatively to preserve the record of human culture and achievement; (4) serving as a gateway and quality control agent for both print and electronic information; (5) eliminating selector cultural and/or political bias in building collections; and (6) organizing digital information to enable users to access it quickly and easily. The skills of the selector in the digital environment are also considered. The second part covers acquisitions, including areas where there is potential for conflict between a licensor and the library licensing an information product (e.g., disagreements about authorized users, third-party rights, and third-party liability). Negotiation skills necessary for negotiating the licensing of electronic products are listed, and the importance of systems staff becoming involved in selection and acquisition decisions is highlighted. (MES)