Open Access Week 2014: A State of the Movement Address | Cited at the Oviatt

"Lately in library-land there’s been quite a lot of belt-tightening as stagnant budgets are confronted with rising journal and database subscription costs. Although libraries are reaching more people with more content than ever before, the feeling is that this is fiscally unsustainable. Cracks have appeared in the current 'big deal' agreements – much like the bundles cable consumers are offered – libraries have entered into with large aggregate database publishers. As a result, libraries have had to cut subscriptions to journals and whole databases. Even Harvard, one of the best-funded universities in the United States, in 2012 publicly decried the situation and has felt the need to weigh in on the rising costs ..."