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Update on Transformative Agreements: Elsevier & Cambridge

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Update on Transformative Agreements: Elsevier & Cambridge Update on Transformative Agreements: Elsevier & Cambridge University Press Mat Willmott & Rachael Samberg Presentation to SPCKG May 15, 2019 WHAT PAGE ARE WE ON? • For UC: Constrain rapidly escalating journal costs • For UC authors: Make it easier and more UC’s GOALS affordable to publish open access and retain copyright • For the advancement of knowledge: Accelerate new knowledge and discoveries available immediately upon publication • For the future: Advance a more open and sustainable scholarly publishing ecosystem UCOLASC PRINCIPLES SLASIAC, UCOLASC, CoUL CALL TO ACTION OA2020 Repurposing Funds CoUL Pathways to OA Toolkit PILOTING TRANSFORMATIVE AGREEMENTS What does this look like? ● Library financial transactions are handled in aggregate each quarter ● Components of the UC model Fixed at start of agreement Reading Fee Library subvention (on every article) Variable total based on author choices + Publishing Fees Grant-paid remainders (where grant available) _________________ Base set Library-paid remainders at start of agreement (where grant Total Contract Cost unavailable) Control by restricting variance to +/- X% ELSEVIER Negotiations: UC’s final proposal ● Cost-neutral with discounted APCs ($12M total UC payment) ● Default 100% OA ● Multi-payer: ○ Library $1000 + author research funding ○ OR Library pays all if author unfunded ○ OR author opts out of OA Negotiations:July 2018-Feb 2019 Today No contract since 31 Dec 2018 Negotiations ended 28 Feb 2019 Access not yet terminated Alternative access prepared Remember, UC owns permanent access to most existing Elsevier content: 86% of articles we currently license, representing 95% of UC’s use ● France (Couperin consortium): Subscription discount of 13.3 percent over the next four years, but not OA ● Norway: Reached OA terms w/$10M deal, Meanwhile... cost neutral (3% increase per year), not Cell/Lancet or society journals to which Elsevier doesn’t hold rights ● UC: Elsevier says they’re coming back to the table; we stand at the ready ● Other Institutions: Trying to negotiate transformative agreements; made public statements about renegotiating Elsevier in particular CAMBRIDGE UNIVERSITY PRESS ● Within UC’s top 20 publishers across all forms but journal contributions are modest. ● ~$720K systemwide spend on subscriptions, plus an additional ~$20K on hybrid APCs from authors ● MOU includes all 401 Cambridge subscription and full OA journals, including some to which UC does not currently subscribe, with perpetual rights to all ● 110 society journals (25% of titles) for which OA options are not currently available are covered, but will be outside pilot until Cambridge makes OA available for them ● Read & Publish ○ Reading fee Year 1 = 40%, declining by 5%/yr as publishing portion increases from 60% in yr 1 to 66/67% by yr 3 ○ If UC publishing >60%, tough luck for CUP; our total fee is capped ● Detail on APCs ○ APCs are 30% discounted from list price (i.e. from $2980 to $2086 for most hybrid journals; to ~$1500 for full OA) ○ $1000 library subvention ○ Author’s share for hybrid journals $1086; for full OA ~$500 ○ No grant? No problem. Library picks up tab ○ Opt-outs ● Cambridge is committed to transition: ○ Intend to fully move to OA publishing by 2025 Transition ○ Actively working to transition to society-owned publications to open access; as these journals add an OA Open Access option, they will be incorporated into the pilot. ○ View APC model as a transitional strategy; hope to move past APCs in the future. ● Author Outreach ○ Working Group (UC Berkeley chairing) to take lead on author engagement, planning, and communication Rollout ○ Identify faculty champions ● 2019 Implementation ○ Make all 2019 articles OA via standard processes (no author payment and authors can opt out) ○ Inform authors of future workflow changes in 2020 THANKS! (QUESTIONS?) ● Select journals opened if ALL institutional subscribers agree to invest ● No free-riding b/c collection discount for subscribing to entire collection. More $ to Annual Reviews pay for individual titles than invest in whole thing. ● Institutions would have to “Subscribe to Open” pay higher price for individual titles, which could violate institutional procurement policies, so more incentive. ● As proposed, funders would fund publisher directly for their portion of publications Libraria (rather than paying APCs through grants); funders save Anthropology by paying publisher directly. ● Remaining portion of revenue journals journal needs is met by libraries.Essentially, the libraries form a collective to pay this component. Transitioning Society Publications to OA.
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