Emerging Business Models for Scholarly Journals: The Library Perspective

Goddard, Lisa (2013) Emerging Business Models for Scholarly Journals: The Library Perspective. In: Canadian Association of Learned Journals. Congress of the Humanities and Social Sciences, July 1-8, 2013, Victoria, BC. (Unpublished)

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Abstract

University libraries have witnessed sweeping changes in scholarly publishing over the past decade. Digital publishing has put an end to print runs for many established journals while provoking an explosion of new electronic titles. Market consolidation has allowed a handful of large vendors to thrive while smaller publishers fight to stay afloat. Journals are scrambling to offer Open Access alternatives that comply with the policies of universities and funding agencies. Scholars are exploring unprecedented opportunities for self-publishing and self-archiving. In the face of tight university budgets, academic libraries are under pressure to demonstrate that the millions we spend on journal content meet our institutional objectives as closely as possible. To this end libraries are creating purchasing consortia, establishing Open Access author’s funds, implementing journal publishing systems, and engaging in initiatives to support the long term preservation of digital content. This session will discuss challenges and opportunities in the scholarly publishing landscape from the perspective of academic libraries. We will identify important publishing trends, discuss the pros and cons of different business models, and identify common objectives that may allow us to work together to create a strong, sustainable publishing model for independent Canadian journal publishers.

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