Open Access uptake prompts 9% price reduction for The EMBO Journal and EMBO reports:
Prices for site licence access to The EMBO Journal and EMBO reports will be reduced by 9% in 2010, reflecting the increased publication of Open Access content in 2008. Nature Publishing Group (NPG) and the European Molecular Biology Organisation (EMBO) announced the decision today, following ratification by the EMBO Council.
We’ve taken into account all of the relevant data in reaching this decision, including the number of Open Access articles published in 2008,“ said David Hoole, Head of Content Licensing, NPG. „This change reflects the recent growth in the amount of Open Access content in both journals and the corresponding partial coverage of publication costs by author charges.“
For the 2010 subscription year, there will be a 9% reduction on the 2009 site licence list price. This reduction is net of an annual inflationary price increase. Print and personal subscription prices are unaffected.
„We are delighted to be able to offer real savings to our library customers, based on the hybrid business model,“ said David Hoole in a letter to customers. „We hope this helps ease some of the pressure on library budgets, while increasing access to the academic literature.“
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