Press Release: EBSCO Information Services [September 14, 2012]

EBSCO releases 2013 Serials Price Projection report

Copyright (c) 2012 EBSCO Information Services

SummaryEach year, EBSCO releases its Serials Price Projections. This report, based on surveys of a wide range of publishers and reviews of historical serials pricing data, provides serials price projections that will assist information professionals as they make budgeting decisions for the upcoming renewal season. EBSCO anticipates the overall effective publisher price increases for academic and academic/medical libraries for 2013 (before currency impact) to be in the range of 5 to 7 percent.

Birmingham, Ala. Sept. 14, 2012 Each year, EBSCO releases its Serials Price Projections. This report, based on surveys of a wide range of publishers and reviews of historical serials pricing data, provides serials price projections that will assist information professionals as they make budgeting decisions for the upcoming renewal season.

2013 Price Projections

EBSCO anticipates the overall effective publisher price increases for academic and academic/medical libraries for 2013 (before currency impact) to be in the range of 5 to 7 percent.

Market Dynamics

Within the academic library and academic publishing markets, this past year in many ways represented the continuation of trends previously addressed by EBSCO in previous Serials Price Projection reports. Expected trends for the 2013 subscription year:

Emerging Trend

The open access (OA) movement appears to be gaining momentum. While the concept of OA publishing has been in the market for the past decade, the model has gained traction in recent years due to a confluence of factors, including improvements in technology and digital publishing; governmental and funding policies regarding the broadest possible access to scientific research; and the budget crisis within academic libraries for subscription content. Evidence that OA has gained a significant foothold in the market:

Budget Factors

Most library budgets are not expected to rise by the same annual percentage as publisher price increases. As a result, the following trends are likely:

To read EBSCO's 2013 Serials Price Projection Report in its entirety, visit www.ebsco.com.

*While based upon careful analysis, EBSCO recommends caution when using these projections, as they rely on historical trends and current estimates.

About EBSCO

EBSCO Information Services the provider of EBSCONET Subscription Management is the world's leading information intermediary, offering cutting-edge technology and personalized consultative services for managing and accessing content, including e-journals, e-packages, e-books, and more. Today's libraries and research organizations are looking for new ways to manage their collections more efficiently, so EBSCO Information Services has developed comprehensive, highly integrated management solutions to help librarians save time and money while empowering their users. EBSCO serves clients through our offices worldwide and has more than 140 librarians on staff. To learn more about products and services from EBSCO Information Services, visit www.ebsco.com.

Publication Year:2012
Type of Material:Press Release
LanguageEnglish
Issue:September 14, 2012
Publisher:EBSCO Information Services
Company: EBSCO Information Services
Permalink: http://www.librarytechnology.org/ltg-displaytext.pl?RC=17212
Record Number:17212
Last Update:2012-12-29 14:06:47
Date Created:2012-09-14 11:04:29