“In discussions with the SPARC Journal Negotiation Community of Practice, many institutions have discussed needing to prepare for cancellations on a rapid timeline. On June 18, SPARC provided a forum for librarians who recently led their institutions through a fast-tracked Big Deal cancellation to share how they navigated the process. Building on our Big Deal cancellation debrief in May, this event focused on how the process of preparing for and executing a cancellation differs when the timeline needs to be compressed to a few months.
The webinar was moderated by Jaclyn McLean of the University of Saskatchewan and featured Megan Heady from West Virginia University and Kristin Henrich from the University of Idaho.
Budget cuts are forcing many to rethink their contracts with publishers and, in some cases, pivot quickly. Both West Virginia University and the University of Idaho recently had to react to state-imposed budget reductions and prepare for a new way of operating. In the wake of COVID-19, many institutions anticipate financial pressures that could result in accelerated efforts to end their Big Deals – a process that may be complicated by remote work….”