June 1, 2012
1 June 2012.
Press Release London
Report suggests that libraries would cancel 65% of AHSS and 44% of STM journal subscriptions.
Libraries and Publishers need to work towards a mutually attractive publishing model.
The Publishers Association argues for ‘Gold’ Model of Open Access.
London, 1 June 2012 – ‘The potential effect of making journals free after a six month embargo’, a report commissioned by The Publishers Association and the Association of Learned, Professional and Society Publishers [ALPSP], found that an across-the-board mandate might have a material effect on libraries’ subscriptions; and that the impact on publishers’ revenues would be considerable. Higher Education Institutions’ libraries may be impacted by the collapse or scaling down of academic publishing houses. The world’s most distinguished research institutions would, the report suggests, be impacted the most, since published outputs are essential for the work carried out by their researchers. The reports’ results indicate that STM publishers could expect to retain full subscriptions from 56% of libraries, compared with 35% for AHSS publishers.