Open Access News

News from the open access movement


Thursday, August 12, 2004

More on journal price increases

Dee Ann Divis, Journals torque library budgets, United Press International, August 11, 2004. Excerpt: "Prices for scientific journals have continued to climb, with package deals by the biggest firms forcing smaller publications off the shelves. Libraries, facing budget cuts and angry over ever increasing prices, are organizing buying consortia, sharing pricing information and even using cancellations to strike back directly at publishers they consider abusive....From the libraries' perspective, it does not matter if the cost is justified or not. The accumulation of prices increases and continuing budget cuts has made the current pricing models unsustainable. They are revolting against prices in general and against new bundled contracts in particular....Publishers are seeing the handwriting, too, and are considering new business models, 'We are doing our own experiments,' said Eric Merkel-Sobotta, director of corporate relations at Elsevier, the largest of the commercial publishers. 'We recognize that the system is in transition,' he told UPI."