UK: Two More Scholarly Publishers Agree to Reduce Subscription Costs Against OA Payments Received

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.
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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
See Also: JISC Releases Data and Report on the Total Cost of Ownership (Journal Subscriptions + APC Payments)

Filed under: Academic Libraries, Companies (Publishers/Vendors), Data Files, News, Open Access