The shift to digital delivery of serials content has had a profound effect on the information ecosystem. Powerful discovery and social networking tools expose users to an incredibly rich world of commercially produced and open access (OA) content. Most publishers have explored new ways of pricing their content—such as population served, FTE (full-time equivalent), tiered pricing based upon Carnegie classification, or other defining criteria—or the database model, which treats all content within an e-journal package as a database, eliminating the need for title by title reconciliation. However, in the end, the pricing conversation always seems to circle back to the revenue generated by the annual subscription model.
Few libraries were untouched by the economic downturn of the 2000s. As systems began to rebound, however, a challenge was to replace the perception that they were down and out with the new reality of extended hours, replenished staff, and improved services. The strongest marketers among them also focused on the stories behind those comebacks, and information about what users could expect going forward. The Charlotte Mecklenburg Library (CML), in the city of Charlotte and County of Mecklenburg, NC, was determined not just to recover but to come back stronger than ever, to make sure its customers knew it—and to give them a chance to tell their side of the story.
When classes began on the Brooklyn, NY campus of Long Island University (LIU) September 7, students found their professors barred from campus and replaced by alternate instructors. A contract stalemate between LIU-Brooklyn faculty and management had resulted in an unprecedented lockout of 400 faculty members by administration days before the new semester began. Thanks to coordinated protests from faculty and students and the support of the LIU Faculty Federation (LIUFF), however, the 12-day lockout ended after a six-hour negotiating session on September 14.
In this webcast, our experts will highlight how librarians are tackling this important issue, and how the library can shape the future of funding Open Access.
View On Demand!
What does fracking have to do with scholarly publishing and journal pricing? While the library financial landscape has improved since the depth of the Great Recession of 2007 to 2009, it still cannot be considered robust. As articles such as this one chronicle annual serials price increases, libraries, publishers, and vendors search for innovative ways to fulfill information needs within the finite, predefined budget environment. New business and access models ranging from the initial e-journal big deal packages, article pay per view, open access, mega-journals, and publisher e-journal database pricing have evolved in response to the environment; libraries, publishers, and vendors have merged, consolidated, or disappeared along the way. Just as fracking keeps the oil and gas flowing, these strategies enable the current scholarly publishing ecosystem to extract the necessary resources—intellectual and financial—to survive.
With book budgets being chipped away by price increases for serial subscriptions, and ebook budgets feeling the squeeze from journals, librarians are spending more time seeking ways to relieve this financial pressure. But a model of fiscal efficiency does exist—Down Under. “Australian libraries have been sort of the canary in the coal mine when it […]
LJ’s 2016 survey of U.S. public libraries, distributed geographically by size and type, reveals that while libraries continue to regain lost ground, recovery is gradually slowing—and not evenly distributed. Libraries reported moderate gains in overall budgets—an across-the-board increase of 3.2%, representing funding from all sources. Combined with a slight drop in inflation rates—.5% over the 12 months ending in November, compared to .8% for the preceding year—this is still smaller than last year’s overall uptick of 4.3% but welcome nonetheless.
Like the ground in the Ring of Fire that surrounds the Pacific Ocean, the serials world is in almost constant motion, responding simultaneously to pressures both large and small. As in seismology, some of the pressures result in incremental changes, while others, often the result of years of incremental change hidden below the surface, seem suddenly to shake the serials world like an earthquake.
New Orleans residents will go to the polls on May 2 to vote on a proposed new library millage which, if adopted, would pump an additional $8.25 million annually into a system that officials say is underfunded and barely holding the line on current services thanks to a reserve fund that will run dry in 2016.
Within 24 hours of being dismissed by the recently reconstituted Queens Library (QL) Board of Trustees on the evening of December 17, former QL President and CEO Thomas Galante announced via his lawyer Hillary Prudlo that he would sue for wrongful termination. The reorganized board had placed Galante on indefinite, paid administrative leave on September 11, citing an ongoing audit of QL’s finances by New York City comptroller Scott Stringer, and investigations by the city Department of Investigation (DOI) and the Federal Bureau of Investigation (FBI) regarding construction contracts awarded by the library.