Germany: Significant Progress Made in Negotiations Between Springer Nature and Project DEAL

From a HRK News Release (Mechanically Translated via Google Translate):

Springer Nature and Project DEAL of the Alliance of Scientific Organizations have made significant progress in the negotiations on a trend-setting model of publishing and reading scientific literature.
Horst Hippler, project negotiator, and Dagmar Laging, Vice President of Institutional Sales Europe at Springer Nature, all agree. The common goal of Springer Nature and the DEAL project is to make the 2019 mid-year talks a success.
The negotiating parties have now reached an intermediate step on a renewed cost-neutral extension of the existing contracts for the year 2019. This provides additional time margin to accommodate the complexity of the intended model. At the same time, Springer Nature and DEAL are ensuring stability for scientific institutions that can continue to access all previous Springer Nature content.
Prof. Dr. Horst Hippler: “We are confident that it will come to the conclusion of a DEAL contract with Springer Nature by mid-2019. This cost-neutral extension to the terms of 2018 for 2019 is an expression of the good cooperation between the two negotiating partners. “
Dagmar Laging: “Negotiations with the DEAL team have made significant progress in recent months – we are on the home stretch. The renewed renewal of the existing contracts, which has now been decided on, gives us the necessary time to concentrate on the actual implementation and a smooth transition for all participants from the old model to the new one. “

Direct to Translated Post 
Direct to Source Post (in German) via Project Deal Blog

Filed under: Associations and Organizations, News, Publishing, Springer Nature