SUBSCRIBE
SUBSCRIBE
EXPLORE +
  • About infoDOCKET
  • Academic Libraries on LJ
  • Research on LJ
  • News on LJ
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Libraries
    • Academic Libraries
    • Government Libraries
    • National Libraries
    • Public Libraries
  • Companies (Publishers/Vendors)
    • EBSCO
    • Elsevier
    • Ex Libris
    • Frontiers
    • Gale
    • PLOS
    • Scholastic
  • New Resources
    • Dashboards
    • Data Files
    • Digital Collections
    • Digital Preservation
    • Interactive Tools
    • Maps
    • Other
    • Podcasts
    • Productivity
  • New Research
    • Conference Presentations
    • Journal Articles
    • Lecture
    • New Issue
    • Reports
  • Topics
    • Archives & Special Collections
    • Associations & Organizations
    • Awards
    • Funding
    • Interviews
    • Jobs
    • Management & Leadership
    • News
    • Patrons & Users
    • Preservation
    • Profiles
    • Publishing
    • Roundup
    • Scholarly Communications
      • Open Access

September 10, 2016 by Gary Price

EBSCO Releases Serial Price Projection for 2017

September 10, 2016 by Gary Price

From EBSCO (Full Text of News Release):

According to the 2017 Serials Price Projection Report from EBSCO Information Services (EBSCO), the overall effective publisher price increases for academic/medical libraries are expected to be the range of 5 to 6 percent (before currency impact). EBSCO bases the information in the Serials Price Projection Report 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 renewals season.
The U.S. economy is expanding slowly, and budgets in the U.S academic library market show modest improvement. However, the strength of the U.S. dollar has added additional pressure for libraries outside of the U.S. that purchase publications priced by publishers in U.S. dollars.
The lagging budget growth combined with price inflations are making it necessary for librarians to find creative ways to find the most value. Usage analysis and other tools are allowing librarians to evaluate content quality and scrutinize “Big Deal” purchases against usage of individual titles within packages. The consolidation within the publishing industry will make this evaluation even more important as most large publishers continue to focus on selling some form of bundled e-package content and moderate size publishers continue to receive content cancellations and pressure on their revenue forcing them to consider a merger.
The fallout from the bankruptcy of Swets Information Services may not be directly impacting libraries any longer but the lessons from that experience remain. Libraries and publishers need to research the financial strength of a company and assess the long-term viability of vendors before entering into agreements with them. This should include a review of key financial data such as overall equity and debt for not only that company, but the overall parent company as well.
Currency exchange rates will have a negative impact on the purchasing power of customers located in countries whose currency has weakened in comparison to the U.S. Dollar. The British pound has fallen to its lowest level in 30 years against the dollar and the euro. The euro is much stronger against the British pound and remains stable against the U.S. dollar. U.K. libraries can expect price increases significantly above the projected 5 to 6 percent for content where publishers do not set prices in local currency. Libraries whose invoicing currency is in euros can expect to see lower prices on publications priced in British pounds for their region of the world.
Although they are based upon careful analysis, EBSCO recommends caution when using these projections, as they rely on historical trends and current estimates. EBSCO will update the projection information if economic conditions warrant it.

Resources
Direct to Serials Price Projection Report 2017 (4 pages; PDF)
Direct to Five Year Journal Price History 2012-2016 (1 page; PDF)

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

SHARE:

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

ADVERTISEMENT

Archives

Job Zone

ADVERTISEMENT

Recent Articles on LJ

Proud Boys Disrupt Drag Queen Story Time at San Lorenzo Library

Certified Sustainable | Sustainability

How Ted Lasso Changed My Librarianship | Backtalk

Positioned for Power: Hiring an EDI Officer | Equity

After the MLIS

ADVERTISEMENT

Related Infodocket Posts

Knowledge Unlatched and Partners Launch Open Research Library

From KU: Free access to scientific content is often limited due to the fragile technical infrastructure around it: content is stored in a variety of versions at various locations and ...

EBSCO Releases Serials Price Projection Report for 2019

From an EBSCO Announcement: The 2019 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 ...

EBSCO Releases Serials Price Projection Report for 2018

From EBSCO: 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 ...

EBSCO Publishes Serials Price Projections Report for 2016

Released today by EBSCO. From the News Release: The 2016 Serials Price Projection Report from EBSCO Information Services advises that the overall effective publisher price increases for academic/medical libraries are ...

EBSCO Has Just Released Their Annual Serials Projection Report For 2014, Overall Increase of 6-8% Projected

From EBSCO: Each year, EBSCO releases its 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 ...

American Library Association (ALA) Publishes New Privacy Field Guides

From ALA: Privacy is a core value of librarianship, but what does it mean to put privacy in action in the library? Wading through suggested best practices, technology requirements, and ...

EBSCO Releases Serials Price Projection Report for 2022

From EBSCO: The 2022 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 ...

"Eshoo, Wyden Press Big Five Publishers on Costly, Overly Restrictive E-Book Contracts with Libraries "

From a Joint News Release: U.S. Representative Anna G. Eshoo, D-Calif., and U.S. Senator Ron Wyden, D-Ore., pressed the big five book publishing houses – Penguin Random House, Hachette, HarperCollins, ...

New White Paper From Springer Nature: "Exploring Researcher Preference for the Version of Record"

From Springer Nature: Preprints, accepted manuscripts, and the final published version of record (VOR) mean researchers now have access to increasing multiple versions of research papers.  In its latest white ...

EBSCO Releases 2021 Serials Price Projection Report

From EBSCO: The 2021 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 ...

Statements, Closings, Cancellations, and Updates Due to COVID-19 Concern

Latest Additions to RoundupLast Update: April 29, 2020; 4:50 p.m. EDST DORA Statement on Hiring, Promotion, and Funding Decisions During the COVID-19 Pandemic Library Organizations Announcements and Updates ACRL: Academic ...

New Article: "Mining and Analysing Invoice Data From Elsevier Relative To Hybrid Open Access"

From an article on the Scholarly Communication Analytics with R Blog by  Najko Jahh, State and University Library Göttingen: Title Mining and Analysing Invoice Data From Elsevier Relative To Hybrid ...

ADVERTISEMENT

FOLLOW INFODOCKET ON TWITTER

Tweets by @infodocket

ADVERTISEMENT

This coverage is free for all visitors. Your support makes this possible.

This coverage is free for all visitors. Your support makes this possible.

Primary Sidebar

  • News
  • Reviews+
  • Technology
  • Programs+
  • Design
  • Leadership
  • People
  • COVID-19
  • Advocacy
  • Opinion
  • INFOdocket
  • Job Zone

Reviews+

  • Booklists
  • Prepub Alert
  • Book Pulse
  • Media
  • Readers' Advisory
  • Self-Published Books
  • Review Submissions
  • Review for LJ

Awards

  • Library of the Year
  • Librarian of the Year
  • Movers & Shakers 2022
  • Paralibrarian of the Year
  • Best Small Library
  • Marketer of the Year
  • All Awards Guidelines
  • Community Impact Prize

Resources

  • LJ Index/Star Libraries
  • Research
  • White Papers / Case Studies

Events & PD

  • Online Courses
  • In-Person Events
  • Virtual Events
  • Webcasts
  • About Us
  • Contact Us
  • Advertise
  • Subscribe
  • Media Inquiries
  • Newsletter Sign Up
  • Submit Features/News
  • Data Privacy
  • Terms of Use
  • Terms of Sale
  • FAQs
  • Careers at MSI


© 2022 Library Journal. All rights reserved.


© 2022 Library Journal. All rights reserved.