Price Increases Put U.K. Libraries in a Bind - WSJ.com

Connotea Imports 2012-07-31

Summary:

"British research libraries...on Thursday called for publishers to "acknowledge the reality of current budgets" and exercise "restraint" in pricing. If the prices on subscription packages don't come down, the trade group Research Libraries U.K. warned, librarians "will be forced to cancel significant numbers of subscriptions which will fatally compromise the U.K.'s capacity for research." ...The situation could pose a challenge to publishing companies. "You can't assume that you are going to raise your prices faster than the budget of your customers forever," said Claudio Aspesi, senior media analyst at Sanford C. Bernstein & Co. "One day or another, this was going to be a problem." Mr. Aspesi estimates that subscription package prices typically rise higher than inflation in a normal year, at around 4.5% to 5.5%...."

Link:

http://online.wsj.com/article/SB10001424052748703678404575636820757036514.html

From feeds:

Open Access Tracking Project (OATP) ยป Connotea Imports

Tags:

oa.new oa.libraries oa.uk oa.prices oa.budgets oa.cancellations

Authors:

petersuber

Date tagged:

07/31/2012, 15:25

Date published:

12/01/2010, 20:09