For a decade journals have been trying to continue a business model that was defensible in a new world where it is not. They have becoming increasing abusive with even more outrageous fees than they were already charging. As I said years ago it has become obvious they are enemies of science and should be treated as such. The time to find mutual beneficial solution past years ago.
A memo from Harvard Library to the university’s 2,100 teaching and research staff called for action after warning it could no longer afford the price hikes imposed by many large journal publishers, which bill the library around $3.5m a year.
he memo from Harvard’s faculty advisory council said major publishers had created an “untenable situation” at the university by making scholarly interaction “fiscally unsustainable” and “academically restrictive”, while drawing profits of 35% or more. Prices for online access to articles from two major publishers have increased 145% over the past six years, with some journals costing as much as $40,000, the memo said.
More than 10,000 academics have already joined a boycott of Elsevier, the huge Dutch publisher, in protest at its journal pricing and access policies. Many university libraries pay more than half of their journal budgets to the publishers Elsevier, Springer and Wiley.
Research Libraries UK negotiated new contracts with Elsevier and Wiley last year after the group threatened to cancel large subscriptions to the publishers. The new deal, organised on behalf of 30 member libraries, is expected to save UK institutions more than Â£20m.
These journals have continuously engaged in bad practices. Scientists should publish work in ways that enrich the scientific community not ways that starve the scientific commons and enrich a few publishers that are doing everything they can to hold back information sharing.