Academic Libraries: EBSCO Releases 2013 Serials Price Projection Report, 5 to 7 Percent Increase Anticipated

From an EBSCO Report Summary/News Release:

EBSCO anticipates the overall effective publisher price increases for academic and academic/medical libraries for 2013 (before currency impact) to be in the range of 5 to 7 percent.
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Emerging Trend
The open access (OA) movement appears to be gaining momentum. While the concept of OA publishing has been in the market for the past decade, the model has gained traction in recent years due to a confluence of factors, including improvements in technology and digital publishing; governmental and funding policies regarding the broadest possible access to scientific research; and the budget crisis within academic libraries for subscription content. Evidence that OA has gained a significant foothold in the market:

• Approximately 8 percent of all articles published in peer-reviewed journals in 2009 were OA, and the number is growing
• Almost all of the top science, technology, and medical (STM) publishers now offer an OA platform or an OA option within certain subscription journals

Read the Complete Summary
Read the Full Text Report (pages; PDF)
See Also: Five Year Journal Price History 2008 – 2012 (PDF)

Filed under: Academic Libraries, Companies (Publishers/Vendors), EBSCO, Funding, Libraries, News, Open Access, Publishing