Licensing in a time of economic uncertainty JISC Collections response to the economic & financial crisis

National licensing in a time of economic uncertainty JISC Collections response to the economic & financial crisis Liam Earney JISC Collections

Context Economic Crisis Impact on Libraries JISC Collections Strategy Publisher Reactions Further work from JISC Collections Introduction

Context

Economic Crisis

Impact on Libraries

JISC Collections Strategy

Publisher Reactions

Further work from JISC Collections

Global Economic Crisis and the state of UK Public Finances

Global economic crisis

World GDP Growth 2008-2009

Average of independent forecasts for 2009 – UK GDP growth Source HM Treasury

Average of Independent Forecasts – UK Public Sector Borrowing 09-10 Source HM Treasury

Global Economic Crisis and the state of UK Public Finances Deep Recession Poor public finances DIUS expected to deliver additional £400million of savings in 2010-11 Freeze if not cuts in public spending The impact in the public sector will be over a number of years – even if the wider economy recovers

Deep Recession

Poor public finances

DIUS expected to deliver additional £400million of savings in 2010-11

Freeze if not cuts in public spending

The impact in the public sector will be over a number of years – even if the wider economy recovers

The impact on academic libraries – a perfect storm?

The impact on academic libraries - Global ICOLC Statement on the Global Economic Crisis and Its Impact on Consortia Licences “ current crisis [is] of such significance that we cannot simply assume that libraries and publishers share a common perspective about the magnitude of the crisis and the best approaches to deal with it” Following forecasts: Significant and widespread cuts in budget levels for libraries and consortia Cuts will be prolonged Exchange rate fluctuations are complicating and/or amplifying the impact Full statement at:: http://www.library.yale.edu/consortia/icolc-econcrisis-0109.htm

ICOLC Statement on the Global Economic Crisis and Its Impact on Consortia Licences

“ current crisis [is] of such significance that we cannot simply assume that libraries and publishers share a common perspective about the magnitude of the crisis and the best approaches to deal with it”

Following forecasts:

Significant and widespread cuts in budget levels for libraries and consortia

Cuts will be prolonged

Exchange rate fluctuations are complicating and/or amplifying the impact

Full statement at:: http://www.library.yale.edu/consortia/icolc-econcrisis-0109.htm

The impact on academic libraries – UK Research Information Network: “Scholarly books and journals at risk: Responding to the challenges of a changing economy” Fall in the value of Sterling “has already dented library purchasing budgets by 16%. As a result, many large university libraries anticipate deficits of around £400,000 this year and some contracts have yet to be paid.” Uncertainty over currency fluctuations means “libraries’ budgetary positions may therefore change unpredictably during the year. […] faced with hard decisions about what to cut, they will be forced to cancel what they can as renewals fall due , rather than what their users might best manage without.” “ As the proportion of library acquisitions budgets that is spent on journals has risen (from 46% to 53% over the past decade), book purchasing has been ever more squeezed (dropping from £32 to £30 per FTE student over the past decade). Any further reduction in book purchasing would have a disproportionately damaging effect on the humanities, and many areas of the social sciences ” Full briefing at: http://www.rin.ac.uk/files/Scholarly_books_journals_at_risk.pdf:

Research Information Network: “Scholarly books and journals at risk: Responding to the challenges of a changing economy”

Fall in the value of Sterling “has already dented library purchasing budgets by 16%. As a result, many large university libraries anticipate deficits of around £400,000 this year and some contracts have yet to be paid.”

Uncertainty over currency fluctuations means “libraries’ budgetary positions may therefore change unpredictably during the year. […] faced with hard decisions about what to cut, they will be forced to cancel what they can as renewals fall due , rather than what their users might best manage without.”

“ As the proportion of library acquisitions budgets that is spent on journals has risen (from 46% to 53% over the past decade), book purchasing has been ever more squeezed (dropping from £32 to £30 per FTE student over the past decade). Any further reduction in book purchasing would have a disproportionately damaging effect on the humanities, and many areas of the social sciences ”

Full briefing at: http://www.rin.ac.uk/files/Scholarly_books_journals_at_risk.pdf:

The impact on academic libraries – UK An orderly retreat from the big deal? Jill Taylor-Roe’s survey indicated that in 2010 institutions intend to take the following measures to cope with the economic crisis Request more funds from the University – 27% Cut the book fund – 18% (down from 23% this year) Cut the serials fund – 20% (up from 12% this year) Cancel big deals – 17% (up from 4% this year) http://www.uksg.org/sites/uksg.org/files/jill_taylor-roe.pps

An orderly retreat from the big deal?

Jill Taylor-Roe’s survey indicated that in 2010 institutions intend to take the following measures to cope with the economic crisis

Request more funds from the University – 27%

Cut the book fund – 18% (down from 23% this year)

Cut the serials fund – 20% (up from 12% this year)

Cancel big deals – 17% (up from 4% this year)

http://www.uksg.org/sites/uksg.org/files/jill_taylor-roe.pps

What is JISC Collections doing?

JISC Collections Priorities and Negotiation Strategy JISC Collections - Supports UK education and research by procuring and negotiating the best pricing and terms of use for online academic resources Mutual trading company established by the funding councils and funded by JISC Over 120 agreements for e-journals, e-books, databases, multimedia, archives and geospatial data In 2008, JISC Collections saved the UK academic community c£43million

JISC Collections -

Supports UK education and research by procuring and negotiating the best pricing and terms of use for online academic resources

Mutual trading company established by the funding councils and funded by JISC

Over 120 agreements for e-journals, e-books, databases, multimedia, archives and geospatial data

In 2008, JISC Collections saved the UK academic community c£43million

JISC Collections Priorities and Negotiation Strategy Simple really… Listening to our members!!! Discussions with publishers outside of formal negotiations Priority To allow academic libraries to maintain access to core digital content Negotiation strategy No price rises at renewal Annual opt out from all agreements

Simple really…

Listening to our members!!!

Discussions with publishers outside of formal negotiations

Priority

To allow academic libraries to maintain access to core digital content

Negotiation strategy

No price rises at renewal

Annual opt out from all agreements

Publisher reactions Small A&I Humanities Medium All Subject Areas Full Text Reference Large STM focus e-Journals Responsive and Sympathetic Non-Responsive or Sympathetic

Publisher reactions What attitudes underpin this mixed publisher reaction? “ Our resources are core” “ Big Deal” provides excellent value and unpicking it won’t work Fraction of the content for almost the same price Phoney war – lots of talk but no evidence of cuts yet Cutting resources in anathema to academic libraries Money in system – librarians just buying the wrong stuff Move print book expenditure to e-books Cut abstracting and indexing databases Follow the actions of competitors Don’t want to report 0% prices rises to Boards Don’t want to be the only content provider with an opt-out clause

What attitudes underpin this mixed publisher reaction?

“ Our resources are core”

“ Big Deal” provides excellent value and unpicking it won’t work

Fraction of the content for almost the same price

Phoney war – lots of talk but no evidence of cuts yet

Cutting resources in anathema to academic libraries

Money in system – librarians just buying the wrong stuff

Move print book expenditure to e-books

Cut abstracting and indexing databases

Follow the actions of competitors

Don’t want to report 0% prices rises to Boards

Don’t want to be the only content provider with an opt-out clause

What additional steps will JISC Collections take? Revisit existing agreements to negotiate annual opt outs Greater Value from New Business and Licensing Models - Develop alternatives to the 'opt-in model' Structure agreements to include access for the whole community Cross-sectoral licensing - higher education and further education, schools, the NHS and cultural institutions. Explore how NESLi2 can be extended to support the transition to Open Access Sustainable models for e-books - national e-books observatory and the e-textbook business trials

Revisit existing agreements to negotiate annual opt outs

Greater Value from New Business and Licensing Models -

Develop alternatives to the 'opt-in model'

Structure agreements to include access for the whole community

Cross-sectoral licensing - higher education and further education, schools, the NHS and cultural institutions.

Explore how NESLi2 can be extended to support the transition to Open Access

Sustainable models for e-books - national e-books observatory and the e-textbook business trials

What additional steps will JISC Collections take? JISC Collections Request for Proposals – Get as many resources and providers using the JISC model licence as possible Better pricing Improve usage and value of JISC Collections’ National Agreements Develop portals to bring perpetually licensed material (and JISC funded material) together in one place Help academic libraries manage their collections and demonstrate value for money Usage Statistics portal Briefing papers for every JISC Collections’ member on savings from JISC Collections archival purchases Licensing that is more about “Can” than “Can’t” Unfairly, libraries often seen as a barrier to institutional ambitions!

JISC Collections Request for Proposals –

Get as many resources and providers using the JISC model licence as possible

Better pricing

Improve usage and value of JISC Collections’ National Agreements

Develop portals to bring perpetually licensed material (and JISC funded material) together in one place

Help academic libraries manage their collections and demonstrate value for money

Usage Statistics portal

Briefing papers for every JISC Collections’ member on savings from JISC Collections archival purchases

Licensing that is more about “Can” than “Can’t”

Unfairly, libraries often seen as a barrier to institutional ambitions!

Thank you for listening Liam Earney [email_address]