Virginia’s research libraries host virtual forum in advance of Elsevier negotiations | Virginia Tech Daily | Virginia Tech

“Representatives from seven Virginia universities will soon be in contract negotiations with Elsevier, the largest science, technology, engineering, and math (STEM) scholarly publisher.

Working as a group, the University of Virginia, Virginia Tech, Virginia Commonwealth University, George Mason University, Old Dominion University, William and Mary, and James Madison University will be discussing the unsustainable cost of accessing Elsevier’s academic journals and options to make their public universities’ research more accessible to the public that paid for it….”

Unsub Gives Libraries Powerful Evidence to Walk Away from Big Deals – SPARC

“Heather Piwowar and Jason Priem are working non-stop to accelerate the pace of the open science revolution.

The pair co-founded the non-profit organization Our Research, which recently developed and debuted Unsub, a data dashboard and forecasting tool that helps academic libraries cut their subscriptions to expensive bundles of toll-access journals….

Unsub (formerly known as Unpaywall Journals) has widely been hailed as a game changer in the scholarly communications market, providing institutions with the leverage they need when negotiating with publishers over journal subscription packages.  The tool forecasts the value and costs of individual journals to specific institutions, leveling the playing field for the first time for libraries when conducting negotiations with publishers….”

LA Referencia – Big Deals survey shows that Latin America spends a little over USD $100 million per year on information resources

11 Latin American countries participated in the survey

82% of the surveyed countries say their expectations of Big Deals negotiations have been transformed by the importance of the Open Access movement.

79% of the expenditures (a little more than USD $81 million) are directed to 5 large publishers….”

Universities will cancel deals with publishers if they don’t respond to current financial pressures – warn major sector bodies | Jisc

“Research Libraries UK (RLUK), SCONUL, the professional association for academic and research libraries and Jisc say that immediate reductions are necessary if institutions are to retain access to content.

Universities are under heavy pressure to reduce all expenditure and divert financial resources to areas of immediate concern including online teaching and implementing measures to limit the spread of COVID-19….”

Survey of Academic Library Use of Cost per Download Data for Journals Subscriptions

“This study looks at how academic libraries, especially research oriented institutions, develop and use cost per download data in collection decision-making.  The study is based on data from 52 institutions, predominantly from the USA but also from Canada, the UK , continental Europe and elsewhere. 

Data in the report is broken out by type of institution (i.e. research university, doctoral-level, etc.) and by overall student enrollment, tuition, for public and private institutions and for those located in the USA and all other countries.  Data is also presented separately for collections oriented towards healthcare and medicine, and for multidisciplinary collections.

The 54-page study helps its readers to answer questions such as: How precise an idea do libraries have about the cost per download of their subscribed journals?  How many libraries feel that they measure this cost well?  What tools, applications or programs do they use to obtain or develop this data?  What makes it easier or harder to obtain such data?  How much confidence do they have in the accuracy of the data often made available by journals publishers? Do some of these publishers produce more reliable data than others? If so , which ones? Does the library use benchmarking data from other libraries or consortia when developing or using their in-hour cost per download data?  Exactly what is the cost per download for the library’s most and least expensive journals subscription packages? Is the library making any special efforts to obtain or obtain better cost per download data as a result of the COVID-19 pandemic and ensuing pressure on library budgets?

Just a few of the study’s many findings are that:

Approximately half of the institutions surveyed said that they had a very or extremely precise idea of the cost per download of journal articles from their university collections.
Public college libraries were much more likely than private college libraries to use benchmarking data from other institutions.

Cost per download was generally higher in the USA than abroad and private colleges and universities tended to pay considerably higher costs per download than their public sector counterparts.

The median cost per download for the highest cost “Big Deal” from the libraries sampled was $15.00.”

Open and Shut?: Unbundling the Big Deal: An interview with SUNY’s Shannon Pritting

“Nevertheless, many libraries did sign big deals. And many later regretted it, not least because, having done so, they felt they had no choice but to keep renewing the contract, even as the cost kept going up and devoured more and more of their budget. 

Libraries felt trapped, conscious that if they did not renew they would have to go back to subscribing to individual journals at list price, which would mean being able to afford access to fewer journals, and fearful that when they discovered that journals they wanted were no longer available, faculty would revolt.

Over time, however, a greater willingness to think the unthinkable emerged, and some libraries began to cancel their big deals. And when they did so the sky did not fall in – which allowed other libraries to take heart.

The list maintained here suggests that libraries began cancelling their big deals as long ago as 2008, but the number doing so has been accelerating in the last few years. What has really focussed minds are the recent decisions by both the University of California and MIT to walk away from their negotiations with Elsevier rather than renew their big deals.

But it is not necessary to walk away completely in the way UC and MIT have done. Instead, libraries can “unbundle” their Big Deal by replacing the large package of several thousand journals they are subscribed to with a small à la carte bundle of a few hundred journals, and in the process save themselves a great deal of money.

What is helping libraries to make the decision to unbundle is the knowledge that more and more research is becoming available on an open access basis. In addition, new tools like Unsub are available to advise them on which journals they can cancel without too great an impact, and which journals are essential and so should be retained….

So how is a decision to unbundle made, and what are the issues and implications of making the decision? To get a clearer picture I spoke recently by email with Shannon Pritting, Shared Library Services Platform Project Director at SUNY. In April, SUNY replaced its Big Deal of 2,200 journals with Elsevier with a “little deal” of just 248 journals. By doing so, it says, it has saved about $7 million….”

 

What Do Libraries Keep When They Cancel the Big Deal?  – The Scholarly Kitchen

“There are so many questions one can ask. Do more generous green open access policies carve out the value of subscriptions and make them vulnerable to cancellation? Are libraries overly focused on certain criteria and ignoring others? What about the role of the librarian in collection development and building a collection for the long-term? What criteria do libraries use in selecting which titles to retain? What happens to the journals that don’t get picked up as individual subscriptions? Will certain journals lose out and possibly cease to exist because libraries pick the same journals to retain?  …

Today I share the results of looking at the retained title lists from seven libraries that walked away from Elsevier’s Big Deal package. …”

What Do Libraries Keep When They Cancel the Big Deal?  – The Scholarly Kitchen

“There are so many questions one can ask. Do more generous green open access policies carve out the value of subscriptions and make them vulnerable to cancellation? Are libraries overly focused on certain criteria and ignoring others? What about the role of the librarian in collection development and building a collection for the long-term? What criteria do libraries use in selecting which titles to retain? What happens to the journals that don’t get picked up as individual subscriptions? Will certain journals lose out and possibly cease to exist because libraries pick the same journals to retain?  …

Today I share the results of looking at the retained title lists from seven libraries that walked away from Elsevier’s Big Deal package. …”

This tool is saving universities millions of dollars in journal subscriptions | Science | AAAS

“In April, when the State University of New York (SUNY) system canceled a big subscription deal with Dutch publishing giant Elsevier in favor of a smaller, cheaper package of subscriptions, headlines focused on how much money the university would save: about $7 million. But behind the savings was a careful cost-benefit analysis and a software tool, Unsub, that helped SUNY work out how to get the most out of its subscription dollars. Many expect the approach to catch on more widely as cash-strapped universities try to weather the COVID-19 pandemic.

SUNY was facing an annual $9 million bill for its subscription to about 2200 Elsevier titles. But Unsub revealed that by spending $2 million a year for just 248 of the journals, the university could give researchers at its 64 campuses immediate access to roughly 70% of the Elsevier papers they are likely to read in the next 5 years. The tool produces its forecasts by analyzing data from each university’s library journal usage, and by scouring the web to see how many of the papers that faculty and students access are already available for free.

Unsub is a “game changer,” says Mark McBride, SUNY’s library senior strategist in Albany, and “I don’t think I’m the only one who thinks that.” Like many universities chafing at high subscription fees and fearing the budget impact of the COVID-19 pandemic, SUNY was looking for savings. And with the help of Unsub, McBride says, it concluded “a big deal is no longer necessary in order for a library to function effectively.” …”