EBSCO Information Services Releases Serials Price Projection Report for 2018

The 2018 Serials Price Projection Report from EBSCO Information Services (EBSCO) is now available. The report projects that the overall effective publisher price increases for academic and academic/medical libraries are expected to be in the range of five to six percent (before currency impact). EBSCO releases the Serials Price Projections based on surveys of a wide range of publishers and reviews of historical serials pricing data to assist information professionals as they make budgeting decisions for the renewals season. The Serials Price Projection Report looks at market dynamics highlighting many issues that have driven the scholarly information marketplace for several years including: library budgets, Open Access, government mandates, shifts in political climates, new assessment and evaluation tools and alternative distribution networks. The emergence of organized piracy, which may grow as a disruptive force in the marketplace, is also a topic in this year’s report. The healthy U.S. economy is a stabilizing force and academic library budgets in the U.S. are showing some improvements, but libraries in many countries outside of the U.S. are still seeing notable decreases in budgets. Even without budget decreases, libraries are experiencing serial costs outpacing budget growth. The U.S. dollar has weakened relative to some currencies and this will impact libraries paying in euro and pounds sterling as the strength of local currencies may eliminate some pricing increas...
Source: News from STM - Category: Databases & Libraries Authors: Tags: Featured World Source Type: news