This document discusses the changing role of academic libraries in light of shifts to electronic resources, changing user needs, and budget pressures. Key points include: 1) Academic libraries are shifting collections from print to electronic as users increasingly expect digital access and this allows libraries to better manage space and costs. 2) User needs and expectations are changing, with demands for more collaborative study spaces, electronic access to resources, and search capabilities similar to Google. 3) Libraries now play a key role in managing their universities' research outputs by establishing institutional repositories and promoting open access to faculty publications. 4) To adapt, libraries are developing new technical and marketing skills while continuing to provide strategic leadership and information management expertise under