Full article: The Buyback Dilemma: How We Developed a Principle-Based, Data-Driven Approach to Unbundling Big Deals

Abstract:  [University of Saskatchewan] is a publicly funded, medium-sized research intensive medical doctoral university in Canada. Like other academic libraries, we have been coping with the rising costs of Big Deal journal packages in the context of shrinking budgets and variable currency fluctuation between the Canadian and American Dollar. When faced with a need to cancel two Big Deal packages in order to balance our budget, we undertook a data-driven, principles-based approach. We discuss the context at [University of Saskatchewan], and the principles and steps we used to successfully determine which packages to cancel, and how to determine titles for re-subscription within a limited budget. We discuss how we compiled and used data that addresses scholarly (citation), pedagogical (downloads), and reputational (survey responses) concerns, and share the formula we developed. We also share some lessons learned and recommendations and ideas for future Big Deal assessment.