Texas Universities Reach Historic Deal with Elsevier: TLCUA Saves Texas Universities Millions Collectively
infodocketGARY's bookmarks 2022-11-30
Texas Library Coalition for United Action (TLCUA) is pleased to announce that it has concluded negotiations with Elsevier, and all TLCUA members have signed or are finalizing new agreements for subscription journal access. In 2019, 44 public and private university campuses across Texas joined together to form TLCUA to think creatively about access to faculty publications and the sustainability of journal subscriptions. TLCUA has negotiated with Elsevier, the world’s largest publisher of scientific journals, including The Lancet and Cell and over 2,500 other journals covering topics in medicine, biology, psychology, engineering, business and more. The TLCUA effort aligns with other libraries across academia that have sought to evolve the relationship between libraries and publishers and find new ways to thrive together. All TLCUA members will receive a discount on journal subscriptions—some as high as 30%—while still maintaining significant amounts of access to journals and combined, will realize a savings of over $4.75M annually. Beyond initial cost savings, Elsevier agreed to a maximum annual increase of 2% over the course of the license agreement, with some years as low as 0%, which is significantly lower than industry standard.
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