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Resources: Cost Management
Lexis Nexis announces no price increases for renewals this year
From e-mail dated 3/23/09 from Lexis Nexis:
The current economic situation has touched everyone on a personal and professional level. There is no doubt that the economic downturn is greatly affecting the library community.
To address funding concerns in the library community SOLINET initiated discussions with LexisNexis to review proposed 2009 pricing actions and to develop a plan to help customers meet the challenging economic environment. As a result of these discussions, LexisNexis made the decision to forego the previously announced 2.5 % annual rate increase on all LexisNexis Academic and Library Solutions Web products for the upcoming subscription year starting July 1, 2009. These include: LexisNexis Congressional, LexisNexis Statistical, LexisNexis Academic (Drake subscribes), LexisNexis Government Periodical Index, LexisNexis Primary Sources and LexisNexis State Capital.
Additionally, LexisNexis will limit the cost of LexisNexis Academic and Library Solutions Web subscriptions by waiving any increases in FTE counts for the coming year. We will also provide special offers on other products and services throughout the year to help our customers meet their end user research needs at the lowest possible price.
LexisNexis values its close ties to the library community and we are proud of our long record of being a responsive and responsible vendor. We are committed to supporting the work of libraries in these tough economic times through our products, our pricing, and uncompromising customer service.
We look forward to maintaining our relationship with you and working with you to maintain and protect your library resources.
Sincerely,
Timothy Fusco,
Vice President, Publishing Operations
LexisNexis
Open Access Initiative: Open Science Directory
The world of publishing continues to be transformed by (among other things) the Open Access Initiative or OAI. Cowles Library has been a longstanding proponent of this trend, as demonstrated by eScholarShare, our scholary "open" repository of publications by Drake students, faculty, and staff.
This is a trend that continues to accelerate, as Universities and Libraries continue to react against the skyrocketing costs of "traditional" publishing models. One concrete, and useful, example is the Open Science Directory (not just about science!) that I have described elsewhere. In addition to being a useful source for virtually anyone doing research, this project has a laudable goal: making research available to scientists and others in the developing world.
Oxford latest publisher to hold off price increases
The library faculty and administration has been sharing our ongoing concerns regarding pricing increases by the publishers and distrubitors of the information resources we license on behalf of Drake students and faculty. Library budgets are relatively flat and yet most publishers insist on yearly "inflation" increases ranging from 4-15%. Several publishers have recognized the unstainability of that model and are lowering their price increases or (in some cases, below) are not charging a price increase this year. Kudos to them! Now, will the STM (Science, Technical, Medical) publishers ever follow suit?
From e-mail dated 4/22/09 from Oxford University Press:
In light of the impact the economic crisis is having on library budgets, Oxford University Press has given careful consideration to the pricing of our online products for the next academic year beginning July 1, 2009. OUP's annual subscription increases for online databases (this excludes journals), which covers ongoing product investment as well as inflationary costs, have ranged on average from 4-8% over the last several years. We have reviewed the impact of various price increases on our customers, as well as the results of increases on our not-for profit organization. Oxford itself has not been immune to the current crisis.
We recognize that tightening budgets will require libraries to make difficult choices this year, and we want to help enable institutions maintain subscription services during this time. To that end, Oxford is announcing that our reference and academic monograph subscription product prices will remain at their current levels of pricing, with no increase on July 1, 2009. This applies to institutional subscriptions in North and South America, and includes OUP's reference and law subscription products, listed below: (titles that Drake subscribes to are in BOLD)
American National Biography Online
Oxford Biblical Studies Online
Dictionary of National Biography Online
Encyclopedia of Popular Music Online
Grove Art Online
Grove Music Online
Oxford African American Studies Online
Oxford English Dictionary Online
Oxford Islamic Studies Online
Oxford Language Dictionaries Online
Oxford Reference Online Premium, Western Civilization and Literature Collection
Oxford Scholarship Online (subscription)
Our relationship with the library community, which shares our mission to disseminate the highest-quality scholarly material to a broad audience, is extremely important to OUP, as is our continued commitment to scholarship. Although we are not increasing prices this year, we pledge to continue the robust maintenance of our online subscription products at the level you have come to expect from Oxford.
Now more than ever, we want to ensure that your institution is getting the most possible from your OUP subscriptions. We are also working on a number of programs and strategies for 2009 to help libraries drive usage and increase discoverability of their online holdings, and welcome your feedback and advice in the form of a brief survey (cut+paste if hyperlink does not work) http://www.oup.com/us/libsurvey2009. All persons who complete the survey will be entered to be one of 10 winners who will win their choice of the Oxford Atlas of the World or the Oxford Companion to Food. Thank you in advance for your thoughts and your time.
Rebecca Seger
Director, Online and Library Sales
Oxford University Press
198 Madison Avenue
New York, NY 10016
Email: rebecca.seger@oup.com
