The Big Deal's Decline

MIT Libraries has posted information on their web site for hot topics/scholarly communication on their reasons for declining three-year renewals of Elsevier and Wiley contracts.
http://libraries.mit.edu/about/journals/packages.html

"we are concerned about the pressures exerted on the scholarly publishing system by a small number of highly profitable commercial publishers concentrating in science and technology journals. These publishers lock libraries into high-priced packages for combined print/electronic output, and contractually constrain libraries’ ability to manage expenditures. Libraries must invest a continually larger percentage of their budgets in providing access to these publications."
--Professor Marcus Zahn, Chair of the Faculty Committee on the Library System

Originally posted to the CHMINF-L listserv (Feb. 10, 2004)

Posted by Tom on February 10, 2004