Jointly released by OCLC and the Library of Congress, this white paper compares and contrasts the compatible linked data initiatives at both institutions. It is an executive summary of a more detailed technical analysis that will be released later this year. The white paper summarizes the recent activity of the Bibliographic Framework Initiative at the Library of Congress which proposes a data model for future data interchange in the linked data environment that takes into account interactions with search engines and current developments in bibliographic description. It also provides an overview of OCLC's efforts to refine the technical infrastructure and data architecture for at-scale publication of linked data for library resources in the broader Web. In addition, it investigates the promise of Schema.org as a common ground between the language of the information-seeking public and professional stewards of bibliographic description.