Yvette Essen, Market Report, The Telegraph, January 20, 2004. Excerpt: "Worries that Reed Elsevier will have to renegotiate a major contract with the University of California made the publisher the main blue-chip casualty yesterday. The shares fell 10 to 481.25p despite the media sector rallying following activity among the radio stocks. Credit Suisse First Boston said Reed was slipping as a deal to publish journals with the university looks like it could face further pricing pressure. It is thought to be the largest single contract in Reed's scientific, technical and medical publishing division. The broker said that, days after the contract was signed, California governor Arnold Schwarzenegger announced further cuts in state funding for the university. CSFB reckons this could lead to a cut in the university library's income, which may trigger a break clause to renegotiate the contract downwards." (PS: I never thought I'd mention Arnold Schwarzenegger on this blog.)
Posted by
Peter Suber at 1/20/2004 10:59:00 AM.
The open access movement:
Putting peer-reviewed scientific and scholarly literature
on the internet. Making it available free of charge and
free of most copyright and licensing restrictions.
Removing the barriers to serious research.
