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For 17 months, the Bibsam Consortium did not have an agreement with the world’s largest scholarly publisher, Elsevier. There is now a summary of the consequences for the consortium, the concerned organizations and their researchers.
The long read: It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell
As a leader in the global movement toward open access to publicly funded research, the University of California is taking a firm stand by deciding not to renew its subscriptions with Elsevier. Despite months of contract negotiations, Elsevier was unwilling to meet UC’s key goal: securing universal open access to UC research while containing the rapidly escalating costs associated with for-profit journals.
Last week, the University of California terminated its license with Elsevier. Leakage has reduced the value of the big deal -- and publisher pricing power.