From a Colorado State University Announcement:
After a year of negotiations, the Colorado State University Libraries recently agreed to a new three-year contract with scholarly publishing giant Elsevier, through the Colorado Alliance of Research Libraries.
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[Emphasis ours] The Libraries subscribes through CARL, a coalition of 14 academic libraries in Colorado and Wyoming, to leverage the influence of collective purchasing power. CARL has agreed to pay about $7 million for Elsevier journal titles, and the Libraries will contribute roughly $1.6 million. Annual inflation rates for journal subscriptions typically vary between 4% to 8%, but the Alliance secured an approximately 15% discount from the previous Elsevier contract.
Learn More, Read the Complete Announcement
See Also: East Carolina University Libraries Announce Deal with Elsevier
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