I wanted to give the Faculty Senate Library Committee a heads up on the outcome of negotiations between the CSU and one of our largest vendors, Wiley. As some of you know, the last 15 years or so have seen the entrenchment of what is often referred to as “The Big Deal,” where large publishers (such as Wiley, Elsevier, and Springer) negotiate huge package deals with libraries or (more often) library consortia. These package deals often contain the full text of hundreds or sometimes even thousands of journal titles, so even though the cost for the package is high, the cost per journal per campus is relatively low. However, in recent years many libraries and consortia have recognized that the value for the “big deal” packages is not what we originally thought it was. Based on usage statistics, libraries can now see that roughly 80% of the usage from these journal bundles comes from 20% of the journals. Publishers prefer “the big deal” model and want to keep it, but libraries are skeptical that we are getting our money’s worth. Nevertheless, the big deals have continued with only rare exceptions.
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