From the University College London (UCL):
UCL welcomes the news that two major academic publishers are to reduce the costs of their subscriptions against payments they receive to publish open-access articles from 2015.
In response to pressure from the academic community, with vocal input from UCL, a number of publishers have now acknowledged the unsatisfactory nature of these arrangements for the total cost of ownership (sometimes unhelpfully described as ‘double-dipping’).
In an agreement negotiated by JISC Collections, the publishers Wiley-Blackwell and Taylor & Francis have joined the Institute of Physics in reducing the costs of their subscriptions.
Read the Announcement