Digital Licenses Replace Print Prices as Accurate Reflection of Real Journal Costs
Digital Licenses Replace Print Prices as Accurate Reflection of Real Journal Costs by Paula Gantz, Association of American Publishers - Scholarly Publishing Division, Volume 11, No. 3, Summer/Fall 2012"Instead of purchasing subscriptions to individual journals, librarians are pursuing licensing agreements that provide perpetual digital access to a body of content. For major institutions with research needs across multiple disciplines, this means purchasing journal bundles or packages. At one end of the spectrum is the so-called “Big Deal” (i.e., licensing all the journal content a publisher distributes digitally). For smaller institutions, bundles allow licensing for collections of titles, based on particular subject concentrations or interest profiles. As a rule, these institutional commitments span a several-year period providing modest price increases based on anticipated inflation and content growth, but usually below the increases reflected in individual print subscription prices."