Will the European Big Deal Contagion Spread to North America? - The Scholarly Kitchen

"Today, in looking at the scholarly publishing sector, equity markets are focused on the European national-level consortial negotiations. If analysts are not surprised at the strong rhetoric about cancelling Big Deal packages that has emerged from the university sectors, they are troubled to see entire nations actually canceling their licenses. They have watched publishing revenue from a major country like Germany disappear all at once from one major publisher’s income statement. And they want to know whether this “contagion” will spread to North America. My view is that, while the germs are circulating, at least in the near term, publishers are unlikely to face a global pandemic."