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South Korean universities have successfully negotiated a better pricing deal from publishing giant Elsevier, according to a report from Science Magazine. This deal comes after a standoff between the consortium of hundreds of institutions and the publisher, where database access contracts were refused due to exorbitant price increases.

Earlier this month as Elsevier threated to cut access to ScienceDirect, a database containing content from over 3,500 academic journals, the two parties came to an agreement of a subscription price hike of between 3.5 and 3.9 percent, instead of the initial 4.5 percent as pushed by Elsevier.

“We want Elsevier to abolish the minimum flat rate system, in which our universities have to pay for digital content that nobody reads,” Lee Chang Won, secretary general of the Korea University & College Library Association, told Science Magazine.

South Korea’s pushback against Elsevier follows the trend of many similar efforts still underway in Germany, including Projekt DEAL. While over 200 German institutions have already canceled their Elsevier subscriptions in protest of skyrocketing prices, the publisher has still not terminated access, looking to continue negations.

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Since its launch in 2016, ECS Plus has flourished into a widespread movement. At its forefront are leading, forward-thinking institutions that recognize the value of incentivizing open access publishing on an individual, institutional, and global scale.

ECS Plus offers institutions a competitively priced subscription package that grants access to all of the content in the ECS Digital Library, including our top-ranking, authoritative, peer-reviewed journal content, as well as free and unlimited open access publishing for affiliated authors.

Immediately following its January 2016 launch, ECS Plus acquired the National Science and Technology Library of China—a consortium then consisting of just under 800 institutions—as a subscriber. Over the subsequent months, ECS Plus saw a steady rise in subscriber count, reflecting a desire shared among institutions worldwide to make open access publishing a viable option for authors.

If data trends serve as any indication, this desire holds fast. In recent months, ECS Plus gained two new subscribers: Arizona State University and the University of Michigan. Just last month, the National Science and Technology Library of China increased its ECS Plus subscriber count from 907 to 924. The University of South Carolina recently confirmed an ECS Plus subscription for 2018.

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Subsidiaries of the distressed Dutch publisher Swets are up for sale after an attempt to sell the group fell through.

As you may know, Swets Information Services  has recently been receiving much attention because of its current financial position.

This news places both publishers and libraries who work with Swets in a difficult position.

We are happy to help subscribers through this situation.

If you have any questions about your subscription or any other matter we can help you with, please do not hesitate to get in touch.

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