Common Contracts
1 similar null contracts
ContractDecember 16th, 2014
what is it? “A Big Deal is a comprehensive licensing agreement in which a library or library consortium agrees to buy electronic access to all or a largeportion of a publisher’s journals for a cost based on expenditures for journals already subscribed to by theinstitution(s) plus an access fee” (Frazier, 2005), 50. The Big Deal was a publisher response to the serials crisis libraries were facing in the late 1990’s. Libraries were facing massive print cancellations because acquisitions budgets were losing purchasing power in relation to the cost of scholarly journals, the add-on costs for web access, and the proliferation of new journals. Publishers offered an easy solution: if libraries maintained their current print subscription base, publishers would give them a “big deal” bundling large collections of electronic journals, thereby allowing libraries to expand access and develop collections without significant additional cost. The transparent cost of individual titles was bundled into
